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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 Proseleneson Oct 29, 2020 11:08am
86 Views
Post# 31803185

RE:RE:One massive 7bc subthrust ??????

RE:RE:One massive 7bc subthrust ??????
Hi,

The news todays says an additional well.  (Link  https://www.investegate.co.uk/touchstone-explrtn---txp-/rns/operational-update-and-spudding-of-cascadura-deep/202010290700085922D/ )

So this is Royston.

What was said earlier is that Paul wanted a rig capable of 12,000 to be used for Royston,  the original target at Royston is only the shallower 7a.

The 7bc was never tested in the old OL-4 well, only the 7a and this is why the Royston target is primarily only the 7a.

They run out of rig at Chinook and wanted to go deeper.......as they hit pay in the 7bc.

Casca Deep is going after the 7bc as a secondary target.........and now it seems Royston too is going after the 7bc as a secondary target.

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