Touchstone Exploration Inc (LON:TXP) CEO Paul Baay joins DirectorsTalk to discuss the company’s latest update. Paul talks us through the a significant upgrade to reserves, explains the delays in testing gas bearing zones at Chinook and Cascadura Deep, progress and results in testing zones at Chinook, when we can expect to see first production at Coho, how that will effect revenues and what other milestones we can look out for this year.
Touchstone Exploration Inc 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.
The Company’s strategy is to leverage the Board’s extensive oil recovery experience and capability to develop international onshore properties that create shareholder value.