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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 > Timescales..........
View:
Post by Proselenes on Jun 07, 2021 3:52am

Timescales..........

Current timescales I would estimate.

Week of 14th to 18th June - possible Chinook-1 Cruse formation test results.

Week of 5th to 9th of July - Potential operations update - impending spud of Rosyton and also possibly Cascadura timeline following the new EIA approval.

Week 12th July to 16th July - If no news before, then operations update this week with Royston spud and also possibly Casca timeline.


Given the Covid SOE currently I would expect Royston spud to be before mid-July - when actually depends on the road, the contractors rigging up, safety checks, Covid State of Emergency delays to the road.....
Comment by Domus on Jun 07, 2021 4:38pm
This is in line with my knowledge. They are preparing to start the test during this week. I guess that the test could start around friday with results early next week. The roadconstruction is nearing finished, but the rigging up will probably need the rest of this month.   ...so spud Royston will be around your estimates, pro. Txp has received EIA, they have filed some questions and ...more  
Comment by Margin321 on Jun 07, 2021 5:45pm
Personally I would not report the impending spud of Royston.  Noit when it is this late. Report it when it happens.