Touchstone Exploration Inc T.TXP

MEEI Minister Young re: TXP's Value Proposition to T&T Gas

[stanley]

Lurk & Learns:

While TXP "languishes" under C$1.00 there are POSITIVE factors (in this case political) working (albeit behind the scene and based on his tenor) in favour of Touchstone's transition to a successful steady state producer (aka nameplate or FORECAST 2024 exit rate).

Note his mention of the term TCF while addressing his (at least one non Trini O & G) critics, while not (yet) attributed to TXP it is hopeful that the Ortoire (& Clear River Swap) would elevate TXP to this exclusive "gas club" that he listed.

For the PATIENT, and in difference to the detractors, the public statements of those who can be seen (or even assumed) to be in a position to assist (ease) TXP into making PB's YE forecast a reality can be symptomatic of important data points. 

Energy Minister Touts Touchstone's PROMISE

After 15 years, Touchstone could be on the cusp of transitioning from an explorer to a producer.

BWDIK? And while we analyse (in Trini speak) the "boofs & boquets", TXP is possibly a Spider Orchid somewhere in the Botanical Gardens hoping to flower before the parang starts.

GLTAL GLAP CAVEAT EMPTOR

Cheers
Stanley

[stanley]

Lurk and Learns: RE:"After 15 years, Touchstone could be on the cusp of transitioning from an explorer to a producer" Meaning 15 years in a country (of 1864 sq. miles and a population of 1.4 million and over 100 years in oil and 50 in gas; post Pt Lisas), is insignificant in the scheme of things.   Now for those new to this board willing to Lurk & Learn; the

[Skeeter97128]

Stanley: Are these observations within the rhelm of reality? There are substantial reserves available for recovery.  The challenge is determining the effective way to recover the petroleum. If funds were unlimited we could drill several wells and experiment with different well enhancements to optomize production.  But since funds are limited we have to learn as we go.   I

[stanley]

Lurk & Learns & Skeeter: Minister Young as a politician is obligated to be positive; especially if he has aspirations of being the next PM. So politically, every thing is "roses". Wrt to paleodepositional reality of the turbidite fairway is a seismically  ACTIVE (colliding tectonic plate; Google Los Iros 2018 YouTube Videos for surface manifestations of same) zone being a