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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 24, 2021 12:04am
131 Views
Post# 33060756

RE:RE:RE:RE:RE:Next presentation 29th April..........

RE:RE:RE:RE:RE:Next presentation 29th April..........It's been a bit unclear what  the actual geological difference between sheet 3 and 4 but given they even have diffrent names for them they are to some degree not really the same and producible each to their own obviously otherwise they wouldn't hade said both now will produce, I guess we just have to trust they know what they are doing here. :)
And the reason they didn't went on and tested sheet four at Casca Deep is that they did not want to disturb it as it was already going to a producing sheet  from Casca-1, but as the plan all along was not to produce from sheet 3 in Casca-1, they did not had that risk testing sheet #3 over there at Casca Deep and so they did.

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