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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

Comment by Domuson Mar 11, 2021 5:37pm
165 Views
Post# 32781621

RE:Timeline

RE:Timeline

As new info has appeared the timeline needs some corrections.
 

Ca. 17. March - first testresult from Cascadura d (or at least that week

25. March - flowtest from oilbearing zone at Chinook (downhole pump will be installed early next week followed by probably one week test)

24. March - 30.April - testresults from Cascadura d and Chinook as they go

Mid April - Coho online - 500 000 $ pr month

Late April/early May - spud Royston

June - Royston TD

June/July - testresults Royston

And through the autumn we will face Steelhead(contingent on the cost and outcome of the Royston well) and some oilwells at Legacy property and of course Chin and cas online

Deep prospect at Legacy in Q4

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