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).

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Touchstone Exploration Inc > Rig not up to task

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Comment by Nergyon Sep 24, 2021 5:46am

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Post# 33912825

RE:RE:RE:Rig not up to task

RHertig wrote:
Must be true. They stopped drilling in the middle of a pay zone.

Better safe than sorry, a strategic move to stop drilling when alredy doubling pre expectation payzone.

They have more beasts to handle then many majors whould dream about to tackle. probably time to sign some farmout agrrements with 10BUSD+ Majors.

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