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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Comment by matt2018on Jan 14, 2025 4:03pm
52 Views
Post# 36403848

RE:RE:Central Block

RE:RE:Central BlockIf $33M is a stretch for these guys, then just focus on getting the $10M for the 2025 program.
They should have received a commitment on that by now.
Its embarrassing even talking about these small amounts.
If the results would have been better the last year and improving to the upside instead of cutting production guidance multiple times, then perhaps the market cap would be at a level where you can make a move confidently for the CB.

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