Touchstone Announces Extension of Lease Operatorship Agreements

Source: www.gulfoilandgas.com 12/30/2020, Location: South America

Touchstone Exploration Inc. has extended the term of its Lease Operatorship Agreements ("LOAs") with Heritage Petroleum Company Limited ("Heritage") 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.


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