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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 > Penal Barrackpore Analogy
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Post by Taffypalmer2014 on Jan 31, 2022 9:49pm

Penal Barrackpore Analogy

Wow XM sure is posting a lot of Penal Barrackpore maps, graphs, time lapse videos,etc.

I hope it's his way of dropping hints that Royston is on its way to mimic the PB field as analogous in size and production.

Just hope we don't require over 700 wells like PB field did.

Patiently waiting for any well test rates.
Comment by moric122 on Feb 01, 2022 3:08pm
Yah XM super focused on the Penal analogue... Very excited for the reserve report update.    I mean it would be great if they could find a more productive streak within reservoir, but I'll take a couple 100 locations of 500-800 m bbl EUR all day long. Economics look great even with T&T's punitive tax regime.   
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