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 > Massive Royston discovery..........

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Comment by Proseleneson Sep 24, 2021 8:15pm

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Post# 33918302

RE:RE:Massive Royston discovery..........

The only delay with Coho is Shell. It is completely out of TXP control. The parties involved are the NGC and Shell and its nothing to do with TXP.

Cascadura will be the first time we see how quickly the NGC and TXP can get a pipeline in working togehter and getting that initial 90mmscf/day flowing in H1 2022 - building up to a 2022 year end 200mmscf/day flow rate.

There is a lot of anticipation that the work on the Cascadura pipeline will commence around Q1 22 (if not before) with initial production of 90mmscf/day in Q2 22.

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