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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 Proseleneson Jul 18, 2021 10:03pm
146 Views
Post# 33567582

RE:RE:RE:The Minister is keen, very keen..........

RE:RE:RE:The Minister is keen, very keen..........
Article below again points to the need that the Government/NGC/Country need to get Coho and much more importantly Cascadura on line ASAP.

TXP will receive full support in getting both of these online as soon as red tape and paperwork allows, and also the same will apply to any discovery at Royston in the upcoming drill.

I hope the "all encompassing" EIA being done for Cascadura will allow for getting the initial 60 mmscf/day online soonest and then really boost it up with infill/development drilling which, by then, will not require a new EIA as the initial one covers all future wells - so getting to 200 mmscf/day by end 2022.  Same principle to apply to Royston in the event of discovery, a new "all encompassing" Royston EIA will cover full development and all future wells, greatly speeding up the end game of full flow development, whilst slightly delaying the start.


https://newsday.co.tt/2021/07/18/energy-ministry-lng-shareholders-discussing-point-fortin-plants-future/

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