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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 Ginmungeron Mar 11, 2021 9:13pm
125 Views
Post# 32782575

RE:RE:RE:get this

RE:RE:RE:get this
Wildcat, You are very perplexing, because you know a lot about oil and gas Just to clarify, in the Eoy release Predator issued the following. Their goal is to increase productivity many fold and recover 12.3% of oil in place. https://polaris.brighterir.com/public/predator_oil_and_gas/news/rns/story/xzm11ew 30 days following cessation of the initial CO2 injection, oil production increased sharply in a CO2 EOR monitoring well. Production was sustained at an average rate 88% higher than the average rate for the CO2 EOR monitoring well in the month prior to the start of CO2 injection At the end of the monitoring period in November, planned CO2 injection re-commenced at AT-13. This time an immediate response in the CO2 EOR monitoring well was observed with an increase in production of 60% relative to the average pre-injection production rate in the five days preceding injection Enhanced incremental oil production for the single CO2 EOR monitoring well is estimated to be approximately 2,200 barrels of oil since the commencement of CO2 injection
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