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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 Margin321on Nov 08, 2021 9:26pm
222 Views
Post# 34102989

RE:A question to the wise. Does the oil find increase the...

RE:A question to the wise. Does the oil find increase the...Of course is a lot better that the lower sand sheet is all oil with no water and no gas. At Chinook the lower zone was water with trace of light oil, and that was same finding in upper zone. 

I think at Royston they are also more confident in the wire line findings and the mud logs. At Chinook the well bore was damaged. By reports the Royston drill was clean, trouble free, and "textbook". 
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