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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 Chreca1on Apr 02, 2021 2:28pm
219 Views
Post# 32932441

RE:RE:RE:Who is Buying on the Dips?

RE:RE:RE:Who is Buying on the Dips?Maybe someone may find these numbers out of this 2001 well to be of some interest ?

Corosan-1 ( the off-setting well to Coho-1)
Six DST’s were performed.
Test1–7093-7103–flowed 98.2 bbls water with gas
Test2–5965-5975–flowed 40 bbls water with gas(15-20000ppm)
Test3–5760-5768–flowed 4.4 mmcf on 20/64” at 2853psi with 385bbls water per day(15000ppm)
Test4–5500-5516–flowed 3.7 mmscf on 20/64” at 2830 psi with 300bbls waterper day (15000ppm)
Test5–5240-5252–flowed 799 bbls water on 20/64”at1239psi(20000ppm)
Test6–5216-5226–flowed 100 bbls water in 5 hrs on 20/64” at 603psi(15000ppm)

Seems like these four/five wells (mentioned below) has found  the best/productive sands at more or less the same depths and when going deeper it has been unproductive sands with more water present making them unproductive at those depths. Can't make too much out of this but at least I see some kind of pattern here but just throwing these numbers out here, not in any position to draw any conclusions of it myself but maybe someone with at least some technical knowledge can ?

Casca-1 & Deep down to 6218m good productive sands (in Casca-1 ,Casca Deep yet to be tested),  water below at 7086m
Corosan-1 down to 5768m good productive sands, water below
Coho-1 down to 5782m good productive sands, water below
Chinook water at 8320m, above yet to be tested ?
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