Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Energy Oil & Gas E&P
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

Touchstone Exploration Inc > A question to the wise re: YE production from development
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(149)
•••
Comment by Chreca1on May 02, 2021 5:10am
198 Views
Post# 33110133

RE:A question to the wise re: YE production from development

RE:A question to the wise re: YE production from development
drunk@noon wrote: wellls. Thought after chinooks intial test they were talking 3 development wells from chinook, cas and cas deep, which, with coho they were talking approx 100 mill mcfe. But after chinook failure, I though I saw heard, 60 mill mcf. Anyone know what they are guiding for once first round of development wells come on-line?

Thanks in advance.


YE guidance from Paul is Coho 10-12mmcf/d and Casca 1&2 50-65 mmcf/d if on production before YE of course and this is gross numbers so net to TXP we are looking/hoping for 46-60mmcf/d from these three wells plus whatever liquids will come out together with the gas.
Then the question is when will they drill the additional development wells on these pools I'm expecting it to start not long after the initial wells are put online so probably early 2022 being my best guess as I don't see any reason not to do asap as long as a rig is available for it ?
So one rig for development and one for exploration in 2022 ?

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities