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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. 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. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.


TSX:TXP - Post by User

Post by Schoenon May 29, 2023 12:39pm
200 Views
Post# 35468874

T&T Close to Disclosing Onshore Bid Winners

T&T Close to Disclosing Onshore Bid Winnershttps://ca.finance.yahoo.com/news/exclusive-trinidad-tobago-nears-awards-120325494.html

According to Reuter's the Cabinet has already approved Energy Minister Young's recommendations.  "People close to the matter" are quoted as saying:

"Trinidad and Tobago's A&V Oil and Gas Ltd was recommended for the St. Mary’s block, which had received four bids, the most of any offer. A&V bested Canadian energy firm, Touchstone Exploration Inc, which bid as Primera Oil and Gas Limited, the people said.

Touchstone was recommended for the Cipero block, Eco Oil and Gas Solutions for the Tulsa block, and Challenger Energy received for the Guayaguayare block, the people said."

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