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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 Proseleneson May 14, 2021 7:18pm
261 Views
Post# 33208694

Rosyton spud........early June

Rosyton spud........early June
With regards to the spud of Royston, hopefully in the first couple of weeks of June.

The ongoing snap 3 week Covid lockdown in Trinidad ends on 23rd May and so progress can once again continue, provided the lockdown is not extended.  (Announced on 3rd May for 3 week period)

https://www.reuters.com/world/americas/trinidad-tobago-tightens-lockdown-covid-19-cases-surge-2021-05-03/

The legacy oil production is not affected as deemed essential, but everything at Ortoire is "non essential" as its not ongoing production, and so is subject to lockdown rules.

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