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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 Proseleneson Nov 19, 2021 7:09pm
225 Views
Post# 34148435

RE:RE:Comments from North ASA - a TXP major shareholder

RE:RE:Comments from North ASA - a TXP major shareholder
If you cared to read the EIA you will see the EIA refers to the OIL pipeline and the Gas production facilities.

The NGC is the one who lays the gas pipeline and the NGC apply for approval under normal CEC applications.  The gas pipeline therefore is done by the NGC under a CEC and is not in the EIA being applied for by TXP.

It is said the NGC's 3rd party contractors will commence the Cascadura pipeline immeadiately after they complete the Coho pipeline.  So the gas pipeline should be in place by April 2022.
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