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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 Aug 07, 2023 8:03am
181 Views
Post# 35575921

So the plans ahead...........

So the plans ahead...........
So ahead we have something like this :

Cascadura-A online at initial low rate RNS soon in August

Then Cascadura-A ramps up as the wellbore cleans up might be further news in August or September

Spud of Cascadura-C1 well - exploration and development in September.

Asset swap deal news.

Charuma license application news.

Royston 1X flow test results in September or October

Cascadura C1 TD reached and logging results in October

Spud of Cascadura C2 well in November

Cascadura C2 well results in December.

Flow testing of Cascadura C2 in January.

Potential spud of Royston-2 in January.

Flow testing of Cascadura C2 in February.

Rosyton-2 drilling results in February.

Royston-3 spud in March / Coho-2 spud in March - one of them ?

June 2024 Cascadura C pad online with A - possible 200 per day production plus liquids.

Second drilling rig put on hire after Casca-C is online.  Then one rig doing development and one rig doing exploration for the next 10 years non-stop drilling.
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