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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 > TXP Targets 15,000 bopd 2022
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Comment by Margin321on Jul 30, 2021 12:45pm
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Post# 33632480

RE:TXP Targets 15,000 bopd 2022

RE:TXP Targets 15,000 bopd 2022They have almost 15,000 BOPD sitting behind pipe ready to flow.

1500 baseline legacy

5000 bopd from Casca1ST

5000 bopd from casca Deep

2000 BOPD from Coho.

That is all ready to go. No risk to it.  There is a lot of potential to add more.

15,000 bopd more from 3 cascadura development wells

1000 bopd from first Chinook well (from Cruse only).

Then there is a lot to potentially add in 2023 including a Royston discovery well and Royston development wells and  Chinook up dip wells and additional Cruse wells at Chinook, and a possible deep discovery on legacy lands.

Then 2024 we have Guabine and Steelhead on the plate. And a Kraken monster test.

Early times.


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Dealroom for high-potential pre-IPO opportunities