Post by
Proselenes on Apr 24, 2023 6:40am
1st test update
Surprised at the negative response.......todays news in only zone 1 and was only potential upside.
Basically there are 5 zones to test.
1st test : Lower Sub Thrust (this is new discovery - never tested before)
2nd test : Middle Sub Thrust (this is new discovery - never tested before)
3rd test : Lower Herrera (Intermediate Sheet) - This is redrilled for new tested - flowed oil already.
4th test : Lower Overthrust sheet - This is redrilled. Oil proven. Completion hoping to isolate water zones to get high oil cut.
5th test : Upper Overthrust sheet - This is redrilled. Oil proven. Completion hoping to isolate water zones to get high oil cut.
So the 1st and 2nd test results are pure bonus.
The real meat on the bones are tests 3 and 4 and 5
They could yield up to 1500bopd.........expectation is set at 500bopd. This is the real Royston testing news.....and its coming in June/July based on timings.
Should all roll into one now.......Casca complete and coming on line as well as Royston test 3 and then test 4 and then test 5.
Plenty of upside not far away imo.
Comment by
Kadiddelhopper on Apr 24, 2023 9:02am
pure Bonus you say ?...... perhaps expond on that statement for those of us that may not be seeing it. <So the 1st and 2nd test results are pure bonus.
Comment by
Yanks23 on Apr 24, 2023 3:44pm
I tought that Touchtone was a gas play
Comment by
Kadiddelhopper on Apr 24, 2023 4:19pm
Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad