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Touchstone Exploration's $23M acquisition of Shell's Trinidad assets is on track to close by May.
Touchstone Exploration, an energy firm, has updated on its planned $23 million acquisition of Shell Trinidad Central Block Limited (STCBL), which owns four gas wells and a significant interest in an exploration block in Trinidad.
Initially set for January 2025, the deal is now expected to close by the end of May 2025, pending the satisfaction of all conditions.
Touchstone has received regulatory approvals and is progressing with financing arrangements.
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La adquisición de Touchstone Exploration de los activos de Shell en Trinidad por 23 millones de dólares está en camino de cerrarse en mayo.