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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 Bully1985on Mar 30, 2021 4:35pm
152 Views
Post# 32908058

RE:RE:RE:RE:RE:RE:RE:Update

RE:RE:RE:RE:RE:RE:RE:UpdateYea this is correct. PB continually talks about gas zones (plural) in all interviews since the oil test in the lower zone was confirmed. we will get results from three gas zones at Cascadura (two a slam dunk) and two zones at Chinook (one a slam dunk) 

it is likely the gas sits on top of any oil zone in the lower Herrera sheets. Still confident on this zone too given the results from CascaduraST1 within similar Herrera formations 
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