With a strong base of production in place, Touchstone Exploration (TSX:TXP & LON:TXP) took a large leap forward on the exploration side of its operations in 2019 when it initiated drilling at its onshore Ortoire block in Trinidad. The company, which was Trinidad’s most active onshore upstream operator in 2018, believes that the 35,786-acre block could contain huge turbidite-based oil and gas reservoirs that have not yet been explored fully.
Touchstone’s belief was reinforced in January 2019 when GLJ Petroleum Consultants Ltd. (“GLJ”) evaluated three prospects the company had identified on the Ortoire block.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.