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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

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.


TSX:TXP - Post by User

Post by Schreibzeyon Jan 15, 2021 8:10am
197 Views
Post# 32304331

20” pipe

20” pipeMaybe someone can help me understand. Paul mentioned 20" pipe, but in my mind overall flow would depend on temperature, compressors, and pressure, among other things. They would need a solid understanding of all parameters before deciding on 20" pipe, so the reservoir figures Paul mentions would be overly conservative until flow tests come in, right? All eluding to one of David's more recent posts. So if he's being conservative and still mentions a 20" pipe without flow rates, I'm assuming there's a good chance those reservoirs are larger than what we are being told. How am I wrong?
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