Touchstone bids on five blocks

Touchstone Energy’s bid on five of the eleven land blocks offered by the Ministry of Energy and Energy Industries’ latest auction is an attempt by the company to build on its existing discoveries in the Ortoire block.

Its Chief Executive Officer Paul Baay told the Express Newspaper that the bids were done through its operating company Primera Oil and Gas Limited.

“If you look at the blocks they are all in close proximity to the Ortoire block. So we are trying to build along that geological fairway and if successful it will mean we can build on our present drilling programme.” Baay noted.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

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