Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF, FRA:PNW1) (AIM:TXP, TSX:TXP, OTC:PBEGF, FRA:PNW1) Paul Baay joins Proactive London to discuss the drill results from the Royston-1 exploration well on the Ortoire block onshore Trinidad which 'really doubled our expectations'.
The team discovered 393 gross feet of hydrocarbon pay in the Herrera formation – almost double pre-drill estimates.
Royston-1 is the fifth and final well in the first phase of the exploration programme on the Ortoire block, in which Touchstone has an 80% interest.