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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. 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. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Bullboard Posts
Comment by Chreca1on Aug 16, 2020 2:19am
177 Views
Post# 31413982

RE:RE:RE:RE:bad financials

RE:RE:RE:RE:bad financialsPaul claims it's the paperwork that is delaying the Coho pipeline and it's not completely yet done with so there is a risk of additional delays but minor ones I believe, my guess is first Coho gas sometime in Nov.
I expect drill results of Chinook in late Sept if no drilling issues, like in Casca which took twice as long as anticipated beforehand if I remembers correctly.
Though the real deal will be the testing news should the drill find what it's looking for and I expect those circa one month after rig release if no delays and then hopefully straight off to Casca-2 with no time to waste in between !
If everything goes smoothly we may have both drill and test results from the next two wells out in the open within 2020 if not should be very early 2021.
Fingers crossed everything runs smoothly from here on.
Bullboard Posts