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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 Davidblackgreenon Jan 04, 2021 1:03pm
188 Views
Post# 32216027

RE:RE:RE:Timeline delay and updates

RE:RE:RE:Timeline delay and updates

The testing on Cascadura was limited because the kit they used wasn't big enough to handle the huge gas pressures they hit there. 

If you remember he said when they started testing the equipment immediately maxed out!

So I was hoping they had imported some much bigger testing kit to accurately estimate of the size this time. 

I suppose it won't be long either way and describing it as the best well to date would suggests that the issue is going to be reoccurring at both Chinook and Cascadura Deep.

Exactly the right sort of problem you want "So much gas that they are struggling to measure it!"

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