As an exploration well, Royston Deep-1 would seek to establish the base of the oil zone in the . Oct 24, 2022. Heritage Petroleum Company Limited holds the remaining 20 percent working interest. Touchstone is getting ready to spud Royston (June/July), their largest, deepest (target depth of 11,500 feet) and riskiest well yet. Touchstone has an 80 percent operating working interest in the well, which is located on the onshore Ortoire block on the island of Trinidad. Amilia Stone. The company has an 80 percent working interest in the licence but is responsible for 100 percent of the drilling, completion and testing costs associated with the initial five exploration wells. Last update: 10/6/2022 9:30pm BST. Touchstone has an 80 percent operating working interest in the well, which is located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Touchstone Exploration Inc (LON:TXP) has provided an update on the results of the first production test at our Royston-1 exploration well and provide data from the second test, both of which confirmed separate light oil discoveries. Corporate Information Company Overview Touchstone Exploration Inc. is incorporated under the laws of Alberta, Canada with its head office located in Calgary, Alberta. Xavier Moonan, Touchstone's Exploration Manager, said, "The Ortoire Block seismic. As previously released, the Royston-1 exploration well was spud on August 12, 2021 and was drilled to a total depth of 10,700 feet. Touchstone has an 80 percent operating working interest in the well, which is located on the Ortoire block, onshore Trinidad. Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. To date, Touchstone has seen success at four out of four wells on the Ortoire block: Coho-1, Chinook-1, Cascadura Deep-1 and the sidetracked Cascadura-ST1. Touchstone Exploration Inc. Touchstone Exploration president Paul Baay, said: "The Royston-1 well was the fifth and final well of the first phase of our exploration drilling programme on the Ortoire block, with logging . Uke 11 reserveoppdatering. Simultaneously, they are acquiring 22km of 2D seismic, which will help detail Royston as well as nearby prospects. Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and . Baay details the findings of a second test that tested a second interval in the Royston well - confirming a light oil reservoir. The company has revealed the results of the first of three planned production tests, which shown a light oil discovery in the lowermost section of the well. Touchstone Exploration Inc - Calgary, Canada-based upstream oil and gas company - Achieves quarterly average crude oil production volumes of 1,420 barrels per day, up 2% on a quarter before and up 1% year-on-year. The zone was perforated on December 16, . Touchstone Exploration Inc. is pleased to provide an update on the results of the first production test at our Royston-1 exploration well and provide data from the second test, both of which. Monday 6 December 2021 CEO of Touchstone Exploration Paul Baay CANADA-BASED Touchstone Exploration has announced light oil discoveries at its onshore Trinidad Royston-1 exploration well. Xavier Moonan, Touchtone's Exploration Manager, said, "The Ortoire Block seismic survey is a key minimum work obligation and is expected to be completed by 31st July 2021. 20. januar - presentasjon. Domus. The Company has an 80 percent working interest in the licence but is responsible for 100 percent of the drilling, completion and testing costs associated with the initial five exploration wells. It said Royston-1 was drilled to a total depth of 10,700 feet, being the deepest exploration well drilled by Touchstone to date. Touchstone Exploration sees new oil discovery in Royston-1 well "This oil discovery will allow us greater flexibility for the pace of development of the project," said chief executive Paul Baay. TXP 26.08.2021 kl 17:20 199014. Etter nske skal jeg legge aktivitetslista p topp i en ny trd hvor ny info redigeres inn. Du m logge inn for ske i innlegg Du m logge inn for ske i innlegg Baay told us the " rig on the island, which is large enough to drill this well, will not be available until Q1 2020." Touchstone Exploration Inc., an upstream oil and gas company, engages in the exploration, development, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Goesens Pre et Fils 671 Route de Paris, Breuil-le-Vert, hdf 60600 . Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of . Touchstone Exploration plans extended well test at Royston as latest result indicates commerciality "This third test confirms the commerciality of the newly discovered light oil pool at Royston," said chief executive Paul Baay. Txp - veien videre. The Company has an 80 percent working interest in the licence but is responsible for 100 percent of the drilling, completion and testing costs associated with the initial five exploration wells. (pg 18-19 in company presentation) This prospect does not have 3D seismic over it, and hence, there is less clarity. Touchstone Exploration has provided an update on the results of the first production test at the Royston-1 exploration well and provided data from the second test, both of which confirmed separate light oil discoveries. In a media statement on Monday, Touchstone Exploration said the test was the first of three planned production tests at the well in which there appeared to be a hydrocarbon pay based on mud gas logging and open hole logs. Touchstone has an 80 percent operating working interest in the well, which is located on the onshore Ortoire block on the island of Trinidad.Heritage Petroleum Company Limited holds the remaining 20 percent working interest. Coho Our Coho-1 well was spud on August 7, 2019 and was drilled to a total depth of 8,560 feet. In this report, we'll look at the groundwork Touchstone has already put in place and how it intends to exploit the huge number of exploration . Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF)'s (Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF), Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF), Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF)) Paul Baay joins Proactive London's Katie Pilbeam about their plans to put the Royston-1 well onto an extended production test, after confirming hydrocarbon flows . This suggests a possible upside of 8,791.3% from the stock's current price. Well 3: Royston, Large Gas target. CALGARY, AB, Sept. 24, 2021 /CNW/ - Touchstone Exploration Inc. reports that the Company has completed drilling the Royston-1 exploration well and is pleased to announce that the well. Touchstone Exploration Inc. (LON:TXP) Chief Executive Officer Paul Baay caught up with DirectorsTalk for an exclusive interview to discuss first quarter results, Coho pipeline, EIA approval and long term production at Royston. Lbende godkending fra myndigheder s ikke de hnger i bremsen til sidst. Touchstone Exploration - Home. TXP 26.08.2021 kl 17:20 200193. by Melisa Cavcic | Oct 26, 2022 | eidesvik-offshore, Headline, Oil & Gas, Viking Princess, Wintershall . The Royston Gas Prospect is deeper than the company's first two targets, with an estimated target depth for ROYSTON-1 of 11,500ft. Touchstone has an 80% operating working interest in the well,. Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) Paul Baay joins Proactive London's Katie Pilbeam to talk about their announcement of a further large oil discovery at the Royston-1 well, onshore Trinidad, following the continuation of production testing. Dec 2021 - EIA levert. Wireline logs indicate 700ft of natural gas at . Heritage Petroleum Company Limited holds the remaining 20%working interest. Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF, FRA:PNW1) Paul Baay joins Proactive London to discuss the drill results from the Royston-1 explorati. The zone was perforated on December 16, 2021 and was opened to flow on December 17, 2021 Their TXP share price forecasts range from C$4.50 to C$200.00. The completion spanned an 84-foot gross interval (56-feet of net pay). It's only 34% of this valuation. The anticipated Royston-1 well, which is to be spud later this month, bisects this active seismic line. Uke 49 oppstart Royston side track. mill mere p bog rligt --- ikke s lidt. Touchstone Exploration has announced the results of the first of three planned production tests at its Royston-1 exploration well which has confirmed a light oil discovery in the lowermost section of the well. Stram opflgning p Cas. First up is the recently-announced Krakken prospect to the east of Royston, whichaccording to Baay has the potenial to even make Royston look small in comparison. Touchstone Exploration has announced light oil discovery in the Royston-1 exploration well, which is situated on the onshore Ortoire block on the island of Trinidad. Touchstone to bid on upto three blocks in bid round Photo: Dr. Priya Marajh Board Member of Touchstone and Vice President at the Energy Chamber with senior. The team discovered 393 gross feet of hydrocarbon pay in the Herrera formation - almost double pre-drill estimates. Touchstone Exploration Inc. More time for Eidesvik PSV with Wintershall Dea. As previously released, the Royston-1 exploration well was spud on August 12, 2021 and was drilled to a total depth of 10,700 feet. Beyond this and Touchstone's third planned well is, in Baay's word, "the big one". Touchstone interesada en tres bloques. Uke 46/47 rigg flyttes til Royston. Highlights. May 17, 2022. The recovered oil was light, sweet crude with an average 33-degree API (corrected to 60-degree Fahrenheit) with sampling throughout flow testing indicating an average 94% oil cut with some solution . Select Page. This survey will tie into the drilling of Royston-1 exploration well. The company, in a statement, detailed the findings of a second test that tested a second interval in the Royston well - confirming a light oil reservoir. The section tested was initially designed to establish the base of potential hydrocarbon, and this light oil discovery represents a new pool . Mud logging and wireline logs indicate hydrocarbon accumulations in the Lower Cruse, Karamat and Herrera sections. Touchstone Logo (CNW Group/Touchstone Exploration Inc.) Highlights Royston -1 was drilled to a total depth of 10,700 feet and is the deepest exploration well drilled by Touchstone to. The Royston-1 exploration well was initially drilled on August 12 at a total depth of 10,700 feet. The well was drilled down to a depth of 10,700 feet, Touchstone noted, and encountered a significant Herrera turbidite package with observed thickness of over 1,000 feet gross including around 609 feet of clean sand (with 393 gross feet in two unique 'thrust sheets' that appeared to be hydrocarbon pay). Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production. With Royston, its largest exploration well on the way, more than twenty prospects on the horizon, and many development wells in the wings, the sky is very much the limit for Touchstone at Ortoire. As previously released, the first and deepest Royston-1 completion and exploration test was designed to evaluate . Goesens Pre et Fils les heures d'ouverture, la carte et les indications, le numro de tlphone et les commentaires des clients. Touchstone has an 80 percent operating working interest in the well, which is located on the onshore Ortoire block on the island of Trinidad. | May 2, 2022 On average, they predict the company's share price to reach C$102.25 in the next twelve months. The Royston-1 well was the final exploration commitment under Touchstone's Ortoire Exploration and Production Licence. We are an oil and natural gas exploration and production company active in the Republic of Trinidad and Tobago. Februar - Cas online. The Company has an 80 percent working interest in the licence but is responsible for 100 percent of the drilling, completion and testing costs associated with the initial five exploration wells. Touchstone Exploration Inc. View Price & Profile Add related topics to MyProactive The Company has an 80 percent working interest in the licence but is responsible for 100 percent of the drilling, completion and testing costs associated with the initial five exploration wells. Oil has succumbed to the market panic over inflation, whilst the Fed have said that rates won't go up until 2023 most either don't believe. Logo (CNW Group/Touchstone Exploration Inc.) While we worked to suspend the initial production test to move uphole for the second test, the well continued to flow significant volumes of crude oil at high pressure from the intermediate sheet, and heavy weight mud was required to control the well before proceeding. Mud logging and wireline logs indicated hydrocarbon. The third Royston-1 completion and exploration test was designed to evaluate an interval at the top of the overthrust sheet of the Herrera Formation. Touchstone . Q1: Paul, you've announced Touchstone Exploration's first quarter results. Domus. Alle komponenter ser ud til at vre p sitet -- skal "bare" monteres og graves lidt samt godkending. Uke 11 spud frste Coora brnn. Mud logging and wireline logs indicate hydrocarbon . Etter nske skal jeg legge aktivitetslista p topp i en ny trd hvor ny info redigeres inn. 4:50 pm. Touchstone Exploration Inc. (TSX, LON:TXP) reports that the Company has completed drilling the Royston-1 exploration well and has announced that the well encountered substantial hydrocarbon accumulations based on drilling and wireline log data. About the company Rewards Trading at 69.6% below our estimate of its fair value Earnings are forecast to grow 31.31% per year Txp - veien videre. 1 brokerages have issued 12 month target prices for Touchstone Exploration's stock. Hej Norge Juuuuubbiiiiiiiii: CALGARY, ALBERTA (October 11, 2022) - Touchstone Exploration Inc. (.. The third Royston-1 completion and exploration test was designed to evaluate an interval at the top of the overthrust sheet of the Herrera Formation.The completion spanned an 84-foot gross interval (56-feet of net pay). (Touchstone, 8.Nov.2021) Touchstone Exploration Inc. (TSX, LSE: TXP) announced the results of the first of three planned production tests at our Royston-1 exploration well which has confirmed a light oil discovery in the lowermost section of the well. | May 21, 2022 Grundet nyt Tax grundlag fr TXP $5. (Touchstone, 21.Dec.2021) Touchstone Exploration Inc. (TSX, LSE: TXP) announced results of the final production test at our Royston-1 exploration well which has confirmed a light oil discovery in the upper most section of the Herrera Formation. Touchstone Exploration (OTCPK: . Touchstone's future exploraion at Ortoire is by no means limited to Royston alone, either. The anticipated Royston-1 well, which is to be spud later this month, bisects this active seismic line. The Royston-1 well was the final exploration commitment under Touchstone's Ortoire Exploration and Production Licence. Last update: 10/7/2022 2:15am BST. Royston -1 was drilled to a total depth of 10,700 feet and is the deepest exploration well drilled by Touchstone to date. TXP. Touchstone Exploration Inc said it is excited to announce a further large oil discovery at the Royston-1 well, onshore Trinidad, following the continuation of production testing. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago. en la ronda actual de T&T. Paul Baay, CEO y Presidente de Touchstone Exploration de Trinidad, expres: "Es probablemente el mejor paquete que hemos visto en Trinidad", cuando seal el inters de la compaa enganar al menos tres bloques en la actual ronda de ofertas en tierra y cerca de la costa de Twin Island Republic. Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production. However . June 14, 2021 by Staff Writer Recently, Touchstone Exploration released their operational review in Trinidad which includes an update on several of the companies activities in T&T. According to the review, the company has indicated that the Royston-1 well will be spud in the 2nd week of June 2021, despite current COVID-19 restrictions. The company shared details of the findings in a statement on Monday. Uke 52 TD R side track. As it had previously said, the Royston-1 exploration well was spud on 12 August and was drilled to a total depth of 10,700 feet. The Royston-1 well was the final exploration commitment under Touchstone's Ortoire Exploration and Production Licence. Uke 10/11 Extended test Royston resultat. Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) said it is excited to announce a further large oil discovery at the Royston-1 well, onshore Trinidad, following the continuation of . Our Company. Touchstone has a current market cap of US$180m; this value appears very easily backed up by the already discovered Cascadura with a pretax 2P valuation of US$519m. Touchstone has an 80 percent operating working interest in the well, which is located on the onshore Ortoire block on the island of Trinidad.Heritage Petroleum Company Limited holds the remaining 20 percent working interest. Royston-1 was drilled to a total depth of 10,700 feet and is the deepest exploration well drilled by Touchstone to date. A fifth exploration well, Royston, is planned as the next major target for 2021 and at 11,500ft will go deeper than any of the previous wells. Four of these exploration prospects - Coho, Cascadura, Chinook and Royston - have been identified for drilling to prove our technical model. Royston-1 exploration well which has confirmed a light oil discovery in the upper most section of the Herrera Formation. The interval was subsequently flowed up 3.5-inch tubing on a variety of choke sizes between 16/64 inches and 40/64 inches at rates up to 550 bbls/d. 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