# Touchstone Exploration Inc CEO Paul Baay delighted with independent reserves report (Interview)

- Link: https://www.directorstalkinterviews.com/touchstone-exploration-inc-ceo-paul-baay-delighted-with-independent-reserves-report/412844299
- Published: 2020-07-21T07:17:33+01:00
- Author: Giles Arbor

**[Touchstone Exploration](https://www.directorstalkinterviews.com/company/touchstone-exploration-inc/txp.l)
Inc** ([LON:TXP](https://www.directorstalkinterviews.com/company/touchstone-exploration-inc/txp.l))
CEO Paul Baay joins DirectorsTalk to discuss its independent reserves evaluation
of the Cascadura Assessment Area prepared by GLJ Ltd. Paul talks us through then
results of the evaluation, explains the next steps to bring the gas onstream, what
else we should look out for over the coming months and progress made with Coho and
GSA negotiations.

Touchstone Exploration Inc. is a Canadian-based, international upstream oil and 
gas company currently active in the Republic of Trinidad and Tobago. It is one of
the largest independent onshore oil producers in Trinidad, with an experienced management
and executive team that have a track record of delivering value to shareholders.

The Company’s strategy is to leverage the Board’s extensive oil recovery experience
and capability to develop international onshore properties that create shareholder
value.

In Trinidad, the Company’s interests in approximately 90,000 gross acres of exploration
and development rights make it one of the largest independent onshore oil producers
in Trinidad. Touchstone holds over 8,700 working interest acres of onshore producing
properties that have known crude oil reserves as well as over 55,000 exploration
and undeveloped working interest acres that are being evaluated.

Outside of its core Trinidad portfolio the Board continues to examine opportunities
in jurisdictions that have stable political and fiscal regimes coupled with large
defined original oil in place.

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