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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Energy Oil & Gas E&P
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

Touchstone Exploration Inc
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Post by stanleyon Jan 14, 2022 7:23am
239 Views
Post# 34315847

Apex Oil Field - a Retrospective

Apex Oil Field - a RetrospectiveLurk & Leans:

Sometimes the astute can question to decisions of historical operators. With a viewq to learning from them. Meaning, in.....Case in point, (Google) where was the deepest well in Trinidad and we might get a result that is proximal to Touchstone's acerage/trend......

1954 Deepest well drilled on land Apex, Fyzabad Well No. 560 drilled to 16,155 feet.


Apex Oil Field - Deepest Oil Well Ever Drilled in Trinidad

But then, add today's technology into the mix and then decide what locations optimises your chance(s) of success, especially access to seismic for leases extended for ten(10) years based on drilling commitments (c/w a possible "liappe" at Coora?).

The Royston/ Ortoire was based on a personal decision of PB many tears aga based on discussions he had with his own "reliance" & "and degree of comfort assessed with said, "expert".

BWDIK? Friday trading in UK show a zero net sum sort of "bizzare" game.

GLTAL - GLAP * Caveat Emptor

Cheers
Stanley

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