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CALGARY, AB, April 12, 2021 /CNW/ - Touchstone Exploration Inc. ( Touchstone , we , our , us or the Company ) (TSX: TXP) (LSE: TXP) announces the completion of flowback testing of the Cascadura Deep-1 well, confirming a liquids rich natural gas discovery. Touchstone has an 80 percent operating working interest in the well, which is located on the Ortoire block onshore Trinidad and Tobago (Heritage Petroleum Company Limited ( Heritage ) holds the remaining 20 percent working interest).
Highlights
Touchstone perforated the top 199 feet of the 449 feet identified as potential pay in sheet four of the overthrust Herrera formation on April 8, 2021.
The average flowback rate during the extended 24-hour test period was approximately 4,262 boe/d, including 22.9 MMcf/d of natural gas and 449 bbls/d of NGLs.
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Trinidad: Trinity Exploration announces Q4 2020 operational update
21 Jan 2021
Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has provided an update on its operations for the three-month period ended 31 December 2020.
Q4 2020 Summary
Production levels remained strong during Q4 2020 with volumes averaging 3,206 bopd, yielding a full year 2020 average of 3,226 bopd (2019: 3,007 bopd) in line with market guidance. This represents a 7% increase over the prior year despite the challenges presented by COVID-19 and no new drilling activity taking place during the year. This is the third consecutive year of delivering production growth and meeting our stipulated production targets. Furthermore, the Group s unaudited FY 2020 operating break-even was US$20.5/bbl, meeting the challenging target set in response to the COVID-19 pandemic and being the fifth consecutive year of maintaining a sub-US$30/bbl operating break-even.
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CALGARY, AB, Dec. 18, 2020 /CNW/ - Touchstone Exploration Inc. ( Touchstone , we , our , us or the Company ) (TSX:TXP) (LSE: TXP) is pleased to announce that it has executed a long-term natural gas sales agreement with the National Gas Company of Trinidad and Tobago Limited ( NGC ) for all future natural gas production from the Ortoire block (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest).
Per NGC s Media release dated December 18, 2020
NGC, Touchstone in gas supply Partnership
The National Gas Company of Trinidad and Tobago Limited (NGC) signed a natural gas supply agreement with Primera Oil and Gas Limited, a subsidiary of Canadian energy exploration company Touchstone Exploration on Friday 18