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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

Comment by 1geoguyon Sep 29, 2021 1:45pm
196 Views
Post# 33937624

RE:RE:Relative perm

RE:RE:Relative permyou do not this stuff until you drill it.  Each deposit would be different content and the permability is alo different.  They said 'small grained' and that says lower porosity as well.  finer grained sand will lay over each other with less open pore space to hold oil and water, or gas.  That says tighter and that is lower porosity, that means the ability to flow through it.  Again would be less than Cascadura, but cas was a monster well.  Those wells are few.  the size at royston of the footprint is big.  much larger than cascadura but less porosity etc, less flow, less reserve per hole etc.

Nothing is worth doing here unti we see the flow test.  then of course finding the edge of the reservoir. 

I  just put my money on them having a large gas field at royston, maybe the wells only  test 40Mmcfd on a AOF basis, huge winner with so many development well possibilities to drain that structure.

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