Touchstone Exploration Inc T.TXP

Rig not up to task

[1geoguy]

is that not the history here? the rig fails to make target depth?

[Kadiddelhopper]

Like a Casca, encountering extreme pressures ?

[RHertig]

Must be true. They stopped drilling in the middle of a pay zone.

[Nergy]

Better safe than sorry, a strategic move to stop drilling when alredy doubling pre expectation payzone. They have more beasts to handle then many majors whould dream about to tackle. probably time to sign some farmout agrrements with 10BUSD+ Majors.

[Proselenes]

Royston was permitted to 10,700 feet.  And they drilled to 10,700 feet.........as per the permit granted. The rig was fine, and everything was done to plan.

[Nergy]

You're saying that the drill was limited to 10700 feet I've only read that it was planned to that depth. "The primary target is the Herrera Gr7a and the Gr7bc sands at a depth of approximately 9,600 feet, and the well is planned to terminate in the Gr7bc formation at an estimated total measured depth of 10,700 feet " The Herrera sands was about 100 feet deeper than pre