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).

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Touchstone Exploration Inc > Pipeline

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Comment by Proseleneson Jan 01, 2021 1:37pm

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Post# 32207496

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Pipeline

Dont know the depth of it.

However, its a speculative target. The primary target is the gas in the mid-Miocine. You dont want to risk that..........prove it first.

Once thats proven you can then plan a deeper well, knowing what your are drilling into. Knowing whats there on the way allows for the casing and well design to be good and able to handle a deeper drill depth.

Makes sense...........drill the mid-Miocine first..........prove that.......get the data........get lots of wireline data.........then design a deeper well based on all that new data.

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