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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 jake1444on Dec 03, 2021 11:49am
155 Views
Post# 34195136

RE:News on Monday then ?

RE:News on Monday then ?Oil in 2nd zone? Hmmm. Would make for quick money. As far as changes to the test equipment, that would likely only require running in smaller tubing. Not sure how long that would take a Trinidad rig to trip out. Here in Alberta, not long but there who knows. Interesting hypothesis Pro! If she tested at 1000+ barrels a day of light oil and little gas, they could produce the oil and flare the small amount of gas. Wouldn't be allowed to flare too much gas so I would think that being able to produce an oil zone in this well as a single well battery with no pipeline would be slim to none.
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