logo-loader

Touchstone Exploration: Production testing programme at Chinook-1 confirms presence of hydrocarbons

Published: 15:18 05 Mar 2021 GMT

Touchstone Exploration Inc's (LON:TXP) Paul Baay joins Proactive London to discuss their reserves update, which he believes equates to a significant upgrade. 

He addresses the testing which is at the forefront of many investors’ minds, Baay explains the reasons behind the delays in testing the gas bearing zones at Chinook and Cascadura Deep. 

There has been good progress with testing for oil in two zones at Chinook but with mixed success on the results but Baay is encouraged by the results. 

He also address the positive operational news as well from Coho and when investors can expect to see first production and what that is likely to do to Touchstone’s revenue stream.

Touchstone Exploration says drilling results at Cascadura-2 well represent a...

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) CEO Paul Baay shared an optimistic update about the company's recent activities, particularly highlighting the positive results from the drilling at the Cascadura-2 well and broader operational advancements. The well, initially aimed to...

on 8/2/24