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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 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. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Comment by Espanaon Oct 14, 2020 3:12pm
134 Views
Post# 31715358

RE:RE:RE:RE:RE:Chinook Prospect Size

RE:RE:RE:RE:RE:Chinook Prospect Size

Goaweigh,
    Your welcome. I'd say given the 600' pay number, you're in the ballpark but as you noted area is the big unknown. They will get a better handle on that with prolonged flows and shut-ins.

Paul mentioned the sands will be tested in three intervals, perhaps meaning they are separate reservoirs with separate pressure regimes. This could complicate things in terms of aerial extent and calculating reserves. The 2 tests at Cascadura I believe showed the sands to be in pressure communication because the difference in pressure between the midpoints of each tested sand was that of a gas/condensate gradient... tougher to explain than it really is ...AND Paul said so. I believe Paul mentioned one of the intervals was the same as in the 7X well. If this extends back to the BW 7 well, then you're looking at the sand extending about 3000' to the north. (A mile square is 640 acres). Shell drilled the CO87 well to the south of Chinook in 1959 to 10,283 feet and mentioned testing gas from the "upper sand" (whatever that means). The problem is I don't have proper maps to measure the distance between the BW 7, 7X, Chinook and CO87. If you find any detailed maps with these wells and a scale we map be able to better guesstimate the extent of the gas. Let me know.

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