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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

Post by Margin321on Jan 27, 2021 7:55am
285 Views
Post# 32396959

Coho and Cascadura both flow in qtr 3???

Coho and Cascadura both flow in qtr 3???Personally I would take a delay in Coho (8mmcf/day) to 3rd quarter in return for a certainty that Cascadura (includes Cascadura Deep) will come on in 3rd Quarter as well. That is a quarter earlier than expected and might be 10 times or more (80-100 mmcf/day) as Coho.


He said the future of the industry needed proper succession planning, and an evaluation and a gas strategy scheme will be done to develop a 2030 natural gas plan.

Khan said with this in mind, the several projects that were delayed because of the disruption of global supply chains and strict covid19 protocols were about to recommence.

“The delayed projects are due to come on stream in the latter part of 2021. The key projects include production from Touchstone’s Ortoire block, namely Coho and Cascadura wells in quarter three of 2021; BHP’s Ruby and Delaware projects in quarter four of 2021; Shell’s Baracuda and Colibri in quarter four of 2021 and into 2022 – adding a combined total of approximately 450 million standard cubic feet per day; EOG’s Osprey East in 2022; and bpTT’s Cassia C and Matapal projects in 2022 will add incremental production increases.
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