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Bullboard - Stock Discussion Forum 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... see more

TSX:TXP - Post Discussion

Touchstone Exploration Inc > Interview with Paul today.........link below
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Post by Proselenes on Oct 14, 2020 10:41am

Interview with Paul today.........link below

A few words from Paul in this quick interview following todays news.

https://www.youtube.com/watch?v=kNmnAYqfD50

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Comment by Proselenes on Oct 14, 2020 11:52am
So Paul says they "run out of rig" and could go no deeper at Chinook. We may indeed see a "Chinook Deep" well, in the same vein as Cascadura Deep. But that will need a 2nd and bigger rig........ So I expect Royston to go ahead with the current rig and perhaps the first well of a new 2nd rig will be Chinook Deep. To test the Cruse at the deep level, and of course appraise the ...more  
Comment by Goaweigh on Oct 14, 2020 12:29pm
But why can't we test Chinook sooner. I believe the answer was that the Rig, once moved back to Cascadura will block the route to Chinook. Say whaaaaaaaat ! Those sites are an acre or two of cleared land and various pieces of equipment must be moving around site all the time so we can't get a flat bed truck and some testing equipment past the rig to get to Chinook until drilling is over ?? ...more  
Comment by Davidblackgreen on Oct 14, 2020 12:44pm
We need Prof Moonan to opine on this new zone at the bottom of the well, his theoretical perspective is probably the only lead on it till it's drilled? It could be just 100 feet but what if it's another 500 feet at high pressure? Ok possibly unlikely but this is an Island of oil surrounded by gas the extraordinary anywhere else is a common occurrence there!
Comment by Goaweigh on Oct 14, 2020 1:05pm
I can't remember what the TD is at Cascadura 2 now but are we going to " run out of rig " there too. Could get even more interesting if we were still in pay at 10,000 feet at Cas 2 
Comment by JFKFKJGKF on Oct 14, 2020 1:16pm
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