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Bullboard - Stock Discussion Forum 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... see more

TSX:TXP - Post Discussion

Touchstone Exploration Inc > Testing......all swapped around it seems now then.
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Post by Proselenes on Mar 28, 2021 1:25pm

Testing......all swapped around it seems now then.

25th March 2021 Presentation : https://drive.google.com/file/d/1RFkx5BQqk5ec4WHLGMj7WFjaNjFPPjKl/

It seems that the timescales have changed, the Casca-Deep-1 testing is still yet to start.

According to PB in this Pareto presentation :

Chinook-1 news in 7 to 10 days (from 25th March)......so anytime from 5th April onwards.

Casca-Deep-1 testing to commence 2 to 3 weeks (from 25th March).....so anytime from 26th April.

Timescales swapped over since 10th March Webinar, so presume problem with the test equipment and its now at Chinook waiting to test the gas zones before going to Casca Deep-1.
Comment by Margin321 on Mar 28, 2021 9:00pm
And Paul made it clear in the March 25 presentation that they are waiting on the new Canadian Rig to drill the Royston Well.  It will be in Trinidad "next month".  So we will get some Chinook News and likely some Cascadura Deep News before Royston is spud.
Comment by jake1444 on Mar 28, 2021 9:38pm
Anyone with a link to the March 25th presentation? Curious to see it.
Comment by Goaweigh on Mar 28, 2021 10:38pm
I'm dying to hear Paul explain how our rig found its way onto the Ever Given.  
Comment by Margin321 on Mar 28, 2021 11:21pm
Ha ha. Don't think the Suez canal makes any Canada to Trinidad route.  Paul has been getting a lot off flack but I remember what he said on January 14 when asked what the biggest risk was looking ahead. He said lack of patience. 
Comment by Chreca1 on Mar 29, 2021 2:06am
Thanks for posting the Pareto pres. link. My takeaway: Paul in a good mood and seems very confident in the gas zones at both wells, have to agree though it really sounds like the oil zones not being commercial here but no big deal if so as not optimal locations and not original targets anyway, they will have their time in the sun later on most likely just not yet. Royston drill rig most likely on ...more  
Comment by stanley on Mar 29, 2021 6:22am
Lurk & Learns + Proselenes + Chreca1: Due to age and technical challenges/shortcomings, My Lurk and Learns have some issues with following  "cut and paste" instructions, thanks to Proselenes for snagging  "fishing term" the Preto Link to the 25th March 2021 Presentation : Preto 25 th March 2021 Link Thanks Again Stanley