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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 stanleyon Dec 15, 2024 3:39am
103 Views
Post# 36362858

RE:RE:Re: Touchstone Acquisition of Central Block

RE:RE:Re: Touchstone Acquisition of Central Block
Lurk & Learns:

For those looking for some background on Coho 1. And other prospective targets now (or should I say if and when) that Touchstone acquires unfettered access to (say) 60-80 m of gas processing in Q2 2025.

Recall, the frustrating delays in getting access to the "markets" after a successful Coho 1 in 2019. Lets see how a "drill to fill" this "new plant"  strategy plays out.

Value the Markets Report on Coho 1 - 2019.

If only a diversificattion play (Central Block vs Ortoire) with plant maintenance scheduling options upside vis a vis downtime. i.e. 60-80 m PLUS 100-140 m country capacity.

GLTAL GLAP Caveat Emptor
Cheers
Stanley



 

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