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Bullboard - Stock Discussion Forum 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... see more

TSX:TXP - Post Discussion

Touchstone Exploration Inc > No 1 priority
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Post by Nergy on Dec 22, 2021 3:41pm

No 1 priority

When it comes to financing is to burn and bury the shorters and manipulators. No placement to culprit banksters, I prefer farming out 10% for lets say 40 MUSD. We're finding loads of oil and the sh#t show continues while the world is starving for new oil finds. "Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, Rystad Energy analysis shows. As of the end of November, total global discovered volumes this year are calculated at 4.7 billion barrels of oil equivalent (boe) and, with no major finds announced so far this month, the industry is on course for its worst discoveries toll since 1946.
Comment by Utkant123 on Dec 22, 2021 6:50pm
Meanwhile in T&T we have found a nice one which sent the share down ten percent... Reminds me of a video I saw once: "Democrazy basically means ... Governments ... by the people ... of the people ... for the people ...  BUT THE PEOPLE ARE RETARDED" Yep, I agree... Ten percent down on a huge oil find... 
Comment by AUborealis on Dec 26, 2021 2:19pm
Great perspective. At current consumption rates of 100 Mln boed (36.5 Bln/yr) we are using that up in 7 weeks. "Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, Rystad Energy analysis shows. As of the end of November, total global discovered volumes this year are ...more  
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