Bullboard - Stock Discussion Forum Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

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

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TSX:TXP - Post Discussion

Touchstone Exploration Inc > New Shore Cap note on TXP out.

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Post by Proselenes on Aug 17, 2022 10:52pm

New Shore Cap note on TXP out.

House Broker note - so should be accurate.

Basics are :

Expecting Cascadura online in Q1 2023.

Company will not provide a timeline for Cascadura, but will simply highlight milestones as they are hit.

2022 full year forecasts have to be lowered, as Coho very late and Cascadura will not be online 2022.

2023 forecasts will likely raise due to higher prices for oil

2023 FY forecast to exit 2023 with 12.5m dollars net debt position.

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Comment by Samsam17 on Aug 18, 2022 9:01am

How about exploration potential? Did they not mention that or did you forget to include that? We all welcome Coho and Cascadura, but we are also in here for the potential of Kraken and the other plays. Thanks

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