Tick tock18 Apr 2019 09:09
Ortoire is a 35,765 net acre exploration site containing four established pools called Balata West, Mayaro, Maloney, Lizard Springs. Encouragingly, highly prosperous oil and gas discoveries lie just beyond Ortoirs’s borders, suggesting the area could house some excellent potential. For example, Carapal Ridge is Trinidad’s largest onshore gas/condensate discovery in 50 years, containing 25MMboe. Meanwhile, a nearby development called Catshill contains 30MMbbls oil and another called Navette includes 60MMbbls.
Corosan Gas target 95% cos is the first of many which is funded providing a massive step change for Touchstone in June.
Underpinned by over 2200 bpd.