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COHO-1 well to add around 50% to Touchstone Exploration Inc's production base

Touchstone Exploration's (LON:TXP) Paul Baay speaks to Proactive London's Andrew Scott after confirmation of gas flow rates from its COHO-1 well in Trinidad which he says greatly exceeded expectations.

The absolute flow rate of the well, which is on the Ortoire exploration block, was 46mln cubic feet a day, or the equivalent of 7,671 barrels of oil.

Quick facts: Touchstone Exploration Inc

Price: 104 GBX

AIM:TXP
Market: AIM
Market Cap: £191.53 m
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Touchstone Exploration announce 'signifiant' gas discovery at Chinook-1...

Touchstone Exploration's (LON:TXP, TSE:TXP) Paul Baay talks to Proactive about today's announcement of a significant gas discovery at the Chinook-1 exploration well in Trinidad. Baay explains that a 'test crew' will need to go during the first quarter of next year to decipher the...

1 week, 1 day ago

2 min read