Touchstone Exploration Inc extends its term of lease with Heritage Petroleum Company Limited

Touchstone Exploration

Touchstone Exploration Inc. (LON:TXP) has announced that it has extended the term of its Lease Operatorship Agreements with Heritage Petroleum Company Limited for its Coora-1, Coora-2, WD-4 and WD-8 blocks to March 31, 2021.

The LOAs were originally set to expire on December 31, 2020 and have been extended under existing terms and conditions while Touchstone and Heritage progress on negotiations regarding new ten-year LOAs for each property.

Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago. The Company’s common shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol “TXP”.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Touchstone Exploration Sees Pricing Upside and Operational Catalysts in Latest Research Note from Cavendish

Touchstone Exploration’s latest Cavendish note highlights stronger pricing, operational catalysts and potential gas contract upside across its Trinidad asset base.

Touchstone seeks longer runway for Ortoire exploration in Trinidad

Touchstone Exploration is seeking a new exploration term for Trinidad’s Ortoire block, keeping investor attention on licence timing, commitments and future drilling optionality.

Touchstone Exploration posts higher Q1 revenue on improved commodity pricing

Touchstone Exploration recorded first quarter 2026 revenue of $12.5 million, supported by stronger realized oil and gas prices, while continuing recapitalization efforts and progressing key development projects in Trinidad.

Touchstone positions Central Block for expanded Trinidad gas development

Touchstone Exploration showcased its Central Block gas infrastructure and Carapal Ridge development plans as the company works to expand Trinidad gas production following operatorship of the assets.

Touchstone moves Cascadura gas expansion closer to delivery

Touchstone moves Cascadura closer to higher gas output with major compressor equipment now delivered to site.

Touchstone pushes for scale in Trinidad’s onshore market

Touchstone is trying to turn a larger onshore footprint in Trinidad into a step-change in production, with execution now the main issue for investors to watch.

Search