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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

Comment by Taffypalmer2014on Oct 27, 2020 2:20pm
91 Views
Post# 31789510

RE:T&T gas....worth a read

RE:T&T gas....worth a readFunny that they call it an oil discovery. I know there is liquids but far more gas than oil

Furthermore, in mid-December 2019 Canadian company Touchstone Exploration announced a significant crude oil discovery at its Cascadura-1ST1 well in the onshore Ortoire exploration block. The findings are set to boost oil output over the longer term and highlights the ongoing potential for onshore discoveries in T&T. Speaking to international press, Paul R Baay, CEO of Touchstone Exploration, stated, “The results far exceed any pre-drill expectations.”
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