Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. 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 Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.

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Touchstone Exploration Inc > Espana, in spite of seeing a page count of 68 I decided to

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Comment by Espanaon Oct 13, 2020 3:07pm

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RE:Espana, in spite of seeing a page count of 68 I decided to

Goaweigh, Thanks.
Re. Seismic, You're (+ Wildcatter) both right. Seismic can give you indications of gas "flat spots" but that could also be an oil/water, gas/oil or gas/water contact or something not HC related. It can also detect "gas chimneys" which can lead you back to a pool. I'm no seismic expert but TXP is in good hands with Xavier Moonan.

Bottom line is, the more data you get the closer you are to the truth.

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