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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, 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

Touchstone Exploration Inc > I love this post by Mount Teide so I have to reprint it here
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Comment by Goaweighon Oct 28, 2020 9:23am
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Post# 31794620

RE:RE:RE:RE:RE:RE:I love this post by Mount Teide so I have to reprint it here

RE:RE:RE:RE:RE:RE:I love this post by Mount Teide so I have to reprint it hereI think I just did in my prior post.
No doubt someone will ask the question, Why exactly are we going back to the West and drilling 100 barrel wells when we have 5000 barrel wells to drill in the fairway ? Deep drilling maybe ?
Who knew drilling wells was just like golf, just stay in the dam fairway and you'll be ok.


Davidblackgreen wrote: Clearly oil economics this year hasn't helped and with Covid they probably are trying to shelter people to focus on Cascadura etc but has anyone ever looked at the idea there might be deeper targets below near surface production?


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