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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

Post by Proseleneson Jul 05, 2022 6:28am
373 Views
Post# 34801030

More delays..........

More delays..........
Seems the EIA is again rejected pending more clarifications........now looks "end July" is the new possible date, pending of course, more red tape, more delays.

London does not like the news of yet more EIA delays.........

General feel is now that Cascadura will not be online until 2023 based on "end July 2022 EIA approval".


Trinidad is doing itself no favours with these constant delays, high tax and red tape.

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