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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 Domuson May 01, 2021 3:51pm
251 Views
Post# 33108927

Activity list

Activity list

I'll give it another try putting up an activitylist. Will probably turn up quite wrong as always due to the repeating delays, but anyway ....

15. May - pulling of pressure recorders. New data regarding the well's flow etc some weeks later.

20. May - spud Royston

15. June - Coho online

10. July - td Royston

July - conclusion Chinook (as of today on pressure build up)

august - test result Royston

Sept - Nov - 4 Legacy wells (one to 7000ft) with the new rig

Nov - Cascadura #1 and casca deep online




What will the Royston rig do post Royston?

That is quite difficult to predict, but I will guess that it will drill Steelhead if the Royston loggings are favourable or else it will drill the development wells at casca.


Until the company releases the capital budget for 21/22 we will not get the answer to what will be up next.

stay tuned

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