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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 Mar 03, 2022 2:12am
195 Views
Post# 34477866

RE:EIA for Cascadura Development

RE:EIA for Cascadura Development
3.3.2 Schedule

The Ortoire development envisages the tie-in, sales, and custody transfer of the CAS-
1ST1 discovery well and CAS DEEP-1 well in Q2 2022, with gas targeted to begin flowing in the second quarter (“Q2”) 2022. At this time, there are eight development wells total
planned from the CAS B and CAS C sites. The proposed drilling, completion, tie-in and
onstream schedule for wells CAS-1ST1, CAS DEEP-1, CAS-2, CAS-3, CAS-4, CAS-5,
CAS-6, CAS-7, CAS-8 and CAS-9 is as follows:

• CAS-1 onstream Q2 2022
• CAS DEEP-1 onstream Q2 2022
• CAS-2 drill CAS B Site Q2 2022 onstream Q4 2022
• CAS-3 drill CAS B Site Q2 2022 onstream Q4 2022
• CAS-6 drill CAS C Site Q2 2023 onstream Q4 2023
• CAS-7 drill CAS C Site Q2 2023 onstream Q4 2023
• CAS-4 drill Cas B Site Q1 2024 onstream Q4 2024
• CAS-5 drill CAS B Site Q1 2024 onstream Q4 2024
• CAS-8 drill CAS C Site Q2 2024 onstream Q4 2024
• CAS-9 drill CAS C Site Q2 2024 onstream Q4 2024
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