Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Proseleneson Mar 16, 2022 10:25pm
348 Views
Post# 34520717

Drilling........

Drilling........
Its very clear for me that imo, the planned drilling for this year, at this moment in time is :

Two Coora wells at the legacy area.

Royston Deep-1 - to go onto production via EWT after completion (from Intermediate/Sub thrust).

Krakken-1 - to go onto production via EWT after completion. (either from Cretaceous in the success case, or from the Intermediate/Sub thrust if Cretaceous fails).

Cascadura development drilling, commence 4 development well programme.

The intention is to end year end 2022 with :

Coho online with 10mmscf/day minimum
Cascadrua online with 90mmscf/day minimum, maybe more.
Cascadura liquids.
Legacy production circa 1800 to 2000 bopd
Royston-1 on EWT production
Royston Deep-1 on EWT production
Krakken-1 on EWT production.

2022 drilling is not going to start until Coho is online and Cascadura EIA is approved and will commence with the two Coora wells.


2023 drilling will be

More Cascadura development wells.
More Royston development wells.
Possible Krakken development wells.
Guabine-1
Bass-1
Steelhead-1
<< Previous
Bullboard Posts
Next >>