Touchstone Exploration Inc T.TXP

MMBOE means NOTHING when it is 90% NAT GAS.

[drunk@noon]

I am sick of this SH%T.  OIL is friggin $60 a barrel----- they get a measly 2.50 mmcf for gas or $15. per boe using the 6-1 multiply $ 15 vs  $60 How are they comparable?

[Goaweigh]

$ 60 is gross, we don't get anywhere close to $ 60 , more like $ 20 and until recently Oil was far more heavily taxed than gas because Oil was plentyful and gas scarce so the Gov. gave a break to the gas prodducers as an incentive to find more. Also during the two years

[Goaweigh]

That post just sortof posted itself ! As I was saying.....also when we first discovered gas in Dec 2019, oil was in the dumps while gas was steady and our discoveries were very significant, World class in fact, so it's logical that we have been emphasising or celebrating our gas discoveries vs. our lack of discovering oil.  However when we drill Kraken and hit 300 feet of oil pay and oil