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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 Dec 17, 2021 4:24pm
166 Views
Post# 34242110

RE:RE:RE:might have no results for days yet

RE:RE:RE:might have no results for days yet
okay, I was pretty clear I was talking about the intermediate test which flowed at rates up to 500 bopd after perf and at 360 bopd after the pressure test and had to be shut down with heavy mud to do the lower part of the overthrust zone. I agree they shouldn't have tested that whole overthrust interval at once, in case of OW interface.

But the intermediate  zone wasn't 10 barrels - you actually know exactly what they said about flow at the two timepoints.

Here are a couple of my prior posts about this - I referenced the intermediate sand each time:

"I said no water in the test of the intermediate sheet that flowed 500 bopd and had to be shut off by heavy mud in order  to test the overthrust.  Read this from the RNS  if you want - there is not water throughout the reservoir as you have claimed. There is not necessarily water throughout the entire lower part of overthrust - we will learn more in a few days about that. We will also learn whether there is water in the upper part of the overthrust being tested right now."

"I mentioned that there was  500 bopd from the intermediate Hererra which had no water.  You know that.

Saying that I said something else does not make it true."

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