Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Margin321on Jan 27, 2021 2:08pm
148 Views
Post# 32400747

RE:RE:RE:RE:Coho and Cascadura both flow in qtr 3???

RE:RE:RE:RE:Coho and Cascadura both flow in qtr 3???You are right it isn't Alberta but thee are two sides to that.

In Alberta the natural gas wells are shale wells and have to be fracked, they drain a small area, and they decline very quickly, requiring a continuous drilling program to stay even.

In Trinidad these are the fabled turbidite wells  (like offshore wells) where no fracking is needed, where a few wells will drain a very large accumulation of gas under pressure sealed by a trap, and where those same few wells will continue to produce for 20 years. Economics are staggeringly better than in Alberta.
<< Previous
Bullboard Posts
Next >>