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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 > New NGC deal............
View:
Post by Proselenes on Oct 08, 2023 7:42am

New NGC deal............

Hopefully this is the precursor for a new pricing deal between TXP and the NGC.  Dont forget, every forecast is currently on the 2.5$ pricing, however, TXP are trying to renegotiate to get 3$+.

This new deal NGC to PLNL being signed, might open the door now for TXP to get their price increase.  Any increase in the gas price TXP to NGC will have very significant effects on the cash inflow in future for TXP.


https://media.ngc.co.tt/ngc-and-plnl-execute-a-new-gas-sales-contract


NGC and PLNL execute a new Gas Sales Contract

Oct 4, 2023 | Business and Business Development, Downstream Ventures and Development
Comment by EagleHasLanded on Oct 12, 2023 7:37am
Pro netback is still $1.275, not 2.5. You know this so don't  mislead people.
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