Bullboard - Stock Discussion Forum 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... see more

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Touchstone Exploration Inc > Steelhead - that Cretaceous target next after Royston ?

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Post by Proselenes on Jan 04, 2021 2:10pm

Steelhead - that Cretaceous target next after Royston ?

Looks like it might be the next drill after Royston, if it is I will be glad. That big Cretaceous target could be oil (or gas) and drilling it makes sure that if a takeover comes, at least its been drilled. Would hate to leave a potential 200 or 300 million barrel oil target not drilled.................. Lets see if it is.

Photo in the below link of what I think will be Royston and the new "Steelhead" drill locations.

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Comment by Schreibzey on Jan 04, 2021 2:22pm

Do you figure this is why they're running the 2D seismic?

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Comment by Proselenes on Jan 04, 2021 2:24pm

Not sure if its the Cretaceous or not.......looking at the seismic lines they are doing, it might be that lower Mid-Miocine gas target that is Steelhead. Not conclusive.......have to wait for XM or Paul to detail it.......most likely Paul in the upcoming presentation on the 14th Jan.

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