Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

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).

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Touchstone Exploration Inc

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Post by stanleyon Jan 11, 2022 5:32am

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Post# 34302552

Extended Well Tests (EWTs) wrt Reservoir Productivity, etc

Lurk & Learns + David:

Thanks to David for his take on (the arbitrage potential between) the TSX & AIM.

While this may have been mentioned many time on ADVFN, I appreciate David's comments on the mechanics as this is my first experience with an interlisting involving the AIM (with Eric Nuttall's "warning" (aka refd flag) of the AIM still fresh in my mind after the March 2021 Chinood announcement).
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In preparation for the January 20th presentation (if Royston -1 is completed) unless there is an economic benefit to the "extended" versus whatever a commerciality decleration might imply...EIA?

See also the most recent (Dec 2021) Corporate Presentation for an excellent "heads up".
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Lurk & Lurns, might want to review the attached Slumberger link to Extended Well Test (EWT) presently onggoing at Royston -1.

Slumberger Summary of Extended Well Testing (EWT)

Highlights include; but are not limited to:

Extended well tests (EWTs) are used to evaluate the productivity and characteristics of a reservoir.

In particular, EWTs are used to

Estimate reservoir volume and confirm reserves for field development
Confirm long-term reservoir deliverability
Pilot future facility designs during field development
Estimate interwell transmissibility and wellbore storage
Verify static data dynamically
Obtain additional production-related data, such as water cut, sand production, and well deliverability.

You<one> can also use an EWT to test sand control techniques and process- and production-related technologies.

By testing early on, you’ll minimize risks related to developing a field for