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Touchstone Exploration asset exchange to provide numerous drilling opportunities

Trinidad: Touchstone Exploration executes Asset Exchange Agreement for the exchange of certain onshore Trinidad assets

Touchstone Exploration has announced that its indirect wholly owned Trinidadian subsidiary, Primera Oil and Gas, has entered into an Asset Exchange Agreement for the exchange of certain onshore Trinidad assets with Lease Operators Limited, a privately held Trinidadian entity.

Huge Russian-Run Iraqi Oilfield May See Near-1 Million Bpd Output Boost

Estimated to have roughly 14 billion barrels of reserves in place, the West-Qurna 2 oilfield, run by Lukoil, is set to produce more than 1 million bpd after the Russian oil major resolved its differences with Baghdad

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