Touchstone Exploration (TSE:TXP) has released an update.
Touchstone Exploration Inc. has reported promising results from testing its Cascadura wells in Trinidad and Tobago, with the Cascadura-2ST1 well producing an average of 4,950 boe/d and the Cascadura-3ST1 well yielding 1,100 boe/d. The company is poised to enhance its production capabilities, highlighting the potential for significant cash flow generation from these hydrocarbon-rich areas. This development aligns with Touchstone’s strategy to expand its exploration and drilling activities in the region.
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