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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 Apr 17, 2022 8:55am
172 Views
Post# 34608250

RE:RE:Monday trading in Canada and OTC in US will be interesting

RE:RE:Monday trading in Canada and OTC in US will be interesting thanks pro!

Csn a development well go directly on to EWT? 

Don't forget if the do not have a field development plan at for royston, the have to get separate approvals for every new drill pad and well. That can take a long time too - and I don't know that the government would approve development of the whole field one well at a time. There eventually needs to be some collecting pipeline connections and other facilities and an overall EIA. They are not going to want them to truck out all the oil. 
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