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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 Margin321on Jul 01, 2021 5:52pm
159 Views
Post# 33480171

RE:margin

RE:marginas you know:

1. Cruse is thin shallow sand present through the basin. Hydrocarbon bearing at many locations. Not anything do do with updip. TXP currently testing that shallow zone at Chinook after plugging off deep zones.

2. Several deeper and thicker sands at Chinook tested mainly water but had traces of oil. Those sands do have higher areas at different location to east (1200 feet higher) the idea is that oil - lighter than water - may be filling these higher areas and that can be tested by drilling there - updip.

3. The Minister of Energy said the Chinook project would be on production in Q4 of 2021. My only point is that he couldn't be talking about new well in up dip location because it would take more time than that and they would produce (if successful) oil and not gas.

4. Therefore if the Chinook Project is producing by end of 2021 it has to be from the Cruse so maybe he knows the test was positive.  There is nothing updip about the cruse at the first Chinook well. 

5. You know all this. You are just being a jerk. True to form. Had forgotten to mute you (for second time under new name) because you have not been posting that much. That has been corrected. 


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