Touchstone Exploration Cascadura EIA application update

Touchstone Exploration Inc (LON:TXP) has provided a further update on the status of the Cascadura Environmental Impact Assessment in support of an application for a Certificate of Environmental Clearance, which must be approved by the Trinidad and Tobago Environmental Management Authority to conduct development operations within the Cascadura area in the Company’s Ortoire block. Touchstone has an 80 percent operating working interest in Ortoire block, with Heritage Petroleum Company Limited holding the remaining 20 percent working interest.

Further to the Company’s announcement on June 27, 2022, and in accordance with the EMA’s regulated review process, Touchstone continues to engage with the EMA and respond to its queries to support the Cascadura area EIA application.

The Company received an initial EIA Review and Assessment Report (“RAR”) from the EMA on May 5, 2022 and responded to the requests raised on May 15, 2022. Following receipt of a second RAR on June 24, 2022, Touchstone has submitted a partial response and will be meeting with the EMA to clarify the remaining aspects to ensure that the queries are addressed by the Company. Touchstone will provide further feedback to the EMA as appropriate following this meeting. The EMA has noted that a determination will be made within thirty working days of receiving a complete response to the second RAR.

The EIA application was initially submitted on December 23, 2021 and pursuant to applicable legislation was to be determined by the EMA within 80 working days, unless extended while the EMA seeks further information or clarifications. The latest RAR represents the second extended date from the EMA beyond the original 80 working days review period.

As noted in the Company’s announcement on June 27, 2022, the forecasted onstream date of the Cascadura facility will be established by the timing of receipt of the approved EIA application, and the Company will update stakeholders as appropriate.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Share on twitter
Share on linkedin

More articles like this

Can Trinidad & Tobago help fill Europe’s gas shortfall?

With Europe pushing hard to reduce their reliance on Russian gas, in the aftermath of the invasion of Ukraine, Trinidad & Tobago’s Liquified Natural Gas (LNG) exports have come into the geopolitical spotlight, and this has also brought

Touchstone’s Trinidad project gets go ahead

Toronto-listed independent Touchstone Exploration on August 17 it had received a certificate of environmental clearance to move ahead with development of its Cascadura gas project in Trinidad and Tobago’s onshore Ortoire block. The sanction from Trinidad’s Environmental Management

Young optimistic over new Touchstone wells

Energy Minister Stuart Young has expressed optimism over two new wells being drilled onshore in the Ortoire Licence area by an independent Canadian company, Touchstone Exploration. These are the Coho and Cascadura wells. In a tweet on Wednesday,

Touchstone Exploration sales lifted by higher oil prices

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. Achieves petroleum sales of

Touchstone Exploration excited to ramp up production (VIDEO)

Touchstone Exploration (LON:TXP) CEO Paul Baay joins DirectorsTalk Interviews to discuss the Environmental Impact Assessment. Now that the Environmental Management Authority have confirmed that the Environmental Impact Assessment is complete Paul explains what this means for the Cascadura well,

Touchstone Exploration CEC application in process

Touchstone Exploration Inc (LON:TXP) has announced that the Trinidad and Tobago Environmental Management Authority has confirmed that no further information is required regarding the Cascadura Environmental Impact Assessment. The Cascadura EIA supports the Company’s application for a Certificate of

Touchstone prepares for Coho launch in Trinidad

Touchstone Exploration has filed a notice to local residents that it will start pre-commissioning and commissioning operations at the Coho gas facility at the Ortoire block in Trinidad and Tobago, the London-listed company announced on August 3. Coho is one

Touchstone Exploration progressing towards full commercial production

Touchstone Exploration Inc (LON:TXP) has announced that the Company has summitted a notice to residents in the community that the Coho gas facility and pipeline will commence pre-commissioning and commissioning operations. Pursuant to the Coho Certification of Environmental

Touchstone to meet with EMA

Touchstone Exploration has provided an additional update on the status of an Environmental Impact Assessment for the Cascadura area of its Ortoire block. In a statement, the company noted that the EIA, which is in support of an

Touchstone projects high gas yield from Cascadura field

By 2023, the Touchstone Exploration (Trinidad) Ltd Cascadura Field project is expected to produce up to 200 million standard cubic feet per day (mmscf/d) of natural gas with the aid of its new separators. On Friday, the company

No more posts to show