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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 Sep 15, 2021 10:14pm
234 Views
Post# 33866904

New TXP Presentation

New TXP Presentation
New September 2021 presentation :

https://www.touchstoneexploration.com/wp-content/uploads/2021/09/September-2021-Corp.-Presentation-.pdf

Coho - a development well scheduled. So looks like Coho-2 might be drilled Q1 2022 ?

Cascadura - initial production will be Casca ST1 and Casca Deep-1 - so no development wells planned in Q1 2022 ?

Phase 2 explo is confirmed as Krakken, Steelhead and Guabine - which I still expect in H2 2022 after Cascadura is on line and pumping cash. I believe Bass prospect might be added to this, pending Royston drilling results and further geo work from Royston well logs/seismic.

Krakken is lurking down there on slide 13 under the Top Cretaceous....... :) The billion barrel potential monster.



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