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 > When do they drill a Royston development well? What kind

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Post by drunk@noonon Mar 23, 2022 6:50pm

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Post# 34539668

When do they drill a Royston development well? What kind

of well? What is the cost. With oil at 100 plus why aren't they drilling something that optimises production? I have a fellling, this field isn't what they are claiming.
The way they were hyping the oil in place figure without any kind of recovery estimate looks like they are trying to suck people in, vs giving an honest account 0f the situation.

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