Touchstone agreed earlier this year to take over ops and 80% from GOC* in the 133-sq km RembouÃ© permit + field Â for some USD 23 MM. Plans are to produce 1,000 bo/d by Jan â19. Â The deal follows on from an initial announcement in 2017, but when the purchaser was not revealed. Touchstone (op), Govt partner.  *GOC = Gabon Oil Co. (not govt).
Touchstone O&G (80%,op.), and GOC (20%) have signed an agreement to allow Touchstone to take control of Remboue permit.