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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 > A dig into the production targets for 2022 and 2023.........
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Comment by Proseleneson Jul 31, 2021 10:10pm
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Post# 33637715

RE:RE:A dig into the production targets for 2022 and 2023.........

RE:RE:A dig into the production targets for 2022 and 2023.........
Personally I think they will end 2022 with 30,000 BOEPD, this being an extra 5000 from Royston-1 and 2 development wells on Cascadura - giving a real 2022 exit rate of 30K BOEPD.

I believe, my estimates, the average production rate for 2022 will be 15,000 BOEPD for the whole year (12 months production average).
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