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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 Ginmungeron Mar 11, 2021 9:13pm
139 Views
Post# 32782575

RE:RE:RE:get this

RE:RE:RE:get this
Wildcat, You are very perplexing, because you know a lot about oil and gas Just to clarify, in the Eoy release Predator issued the following. Their goal is to increase productivity many fold and recover 12.3% of oil in place. https://polaris.brighterir.com/public/predator_oil_and_gas/news/rns/story/xzm11ew 30 days following cessation of the initial CO2 injection, oil production increased sharply in a CO2 EOR monitoring well. Production was sustained at an average rate 88% higher than the average rate for the CO2 EOR monitoring well in the month prior to the start of CO2 injection At the end of the monitoring period in November, planned CO2 injection re-commenced at AT-13. This time an immediate response in the CO2 EOR monitoring well was observed with an increase in production of 60% relative to the average pre-injection production rate in the five days preceding injection Enhanced incremental oil production for the single CO2 EOR monitoring well is estimated to be approximately 2,200 barrels of oil since the commencement of CO2 injection
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