Touchstone Exploration secures five-year licence extension in Trinidad

Calgary-based Touchstone Exploration reported on March 11 it had secured a five-year licence extension for the Ortoire block in Trinidad and Tobago, where it has made a series of gas discoveries in recent years.

Touchstone has a 80% interest in the licence, while local partner Heritage Petroleum holds the remaining 20%. Trinidad and Tobago’s energy ministry has informed the pair that they have approved a five-year extension of the exploration period for the block until July 31, 2026.

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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