Touchstone Exploration has announced that its wholly owned subsidiary, Primera Oil and Gas Limited (Primera) was awarded the Cipero onshore block in the Trinidad and Tobago 2022 Onshore and Nearshore Competitive Bid Round.
According to a press release by the company, the Trinidad and Tobago government has authorised the Ministry of Energy and Energy Industries (MEEI) to enter into discussions with Primera for the grant of an Exploration and Production (Public Petroleum Rights) Licence for the Cipero block.
In addition, Primera was notified that its bid on the 72,784 gross acre Charuma block did not meet the technical requirements for the grant of an Exploration and Production (Public Petroleum Rights) Licence.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.