Touchstone Exploration on a drilling roll at Ortoire project

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  • Touchstone Exploration says Trinidad well results exceed expectations
  • Touchstone Exploration ‘double expectations’ with drill results from Royston-1 exploration well
Touchstone

Quick facts: Touchstone Exploration Inc

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Touchstone Exploration is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders.

24 Sep 2021

(, , , ) said drill results from the Royston-1 exploration well on the Ortoire block onshore Trinidad significantly exceeded expectations.

The team discovered 393 gross feet of hydrocarbon pay in the Herrera formation – almost double pre-drill estimates.

Mud and wireline logs pointed to accumulations in the Lower Cruse and Karamat sections too.

The well is currently being cased and prepared for production testing of the Herrera.

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13 Aug 2021

(, , , ) reported an increase in production from its base assets in Trinidad as it continued to work towards a four-well development programme in the fourth quarter of the year.

The group carried out a US$6.66mln exploration programme during the three months ended 30 June, primarily focused on well production testing at Cascadura Deep-1 and Chinook-1, together with various preparations for first drilling at the much-anticipated Royston prospect, including seismic shooting and pipeline installation.

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22 Jun 2021

(LON:TXP, ) has executed a 10-year lease operatorship agreement which sets up a round of drilling to support production in Trinidad.

The 10-year extension covers the CO-1, CO-2, WD-4 and WD-8 blocks which span the group’s legacy oil producing properties.

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24 Sep 2021

(, , , ) (AIM:TXP, TSX:TXP, OTC:PBEGF, ) Paul Baay joins Proactive London to discuss the drill results from the Royston-1 exploration well on the Ortoire block onshore Trinidad which ‘really doubled our expectations’.

The team discovered 393 gross feet of hydrocarbon pay in the Herrera formation – almost double pre-drill estimates.

Royston-1 is the fifth and final well in the first phase of the exploration programme on the Ortoire block, in which Touchstone has an 80% interest.

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Touchstone Exploration ‘double expectations’ with drill results from…

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF, FRA:PNW1) (AIM:TXP, TSX:TXP, OTC:PBEGF, FRA:PNW1) Paul Baay joins Proactive London to discuss the drill results from the Royston-1 exploration well on the Ortoire block onshore Trinidad which ‘really doubled our expectations’.

The team…

11 hours, 20 minutes ago

4 min read

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