Touchstone Exploration raises US$11.6mln to accelerate Ortoire exploration campaign
Having enjoyed breakthrough success at Ortoire the company is now funded to accelerate its exploration campaign
Company
Touchstone Exploration Inc
LON:TXP
Touchstone Exploration Inc is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The company is currently active in onshore properties located in the Republic of Trinidad and Tobago.
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Touchstone Exploration has “considerable running room” - Shore Capital
“We already expect this liquids-rich gas discovery to provide a step-change for Touchstone’s production profile," said Shore Capital analyst Craig Howie.
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Touchstone Exploration says Cascadura is a “significant” new discovery
Testing of one portion of the liquids rich gas discovery measured flow at rates up to 5,736 barrels oil equivalent per day
Touchstone Exploration suspends Cascadura well testing to add equipment able to handle higher volumes
"This is the best possible outcome for the initial test results from the Cascadura well," said chief executive Paul Baay
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Small cap movers: Touchstone balloons in value as gas discovery exceeds expectations
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Touchstone Exploration says Trinidad gas discovery will "materially contribute to near-term growth"
The absolute flow rate of Coho-1, which is on the Ortoire exploration block, was 46mln cubic feet a day, or the equivalent of 7,671 barrels of oil
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Touchstone Exploration makes significant new crude oil discovery in Trinidad
DIscoveries were seen in multiple zones amongst some 1,037 feet of gross pay.
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Breakfast News - Shanta Gold, CentralNic, Ariana Resources and more...
The Pebble Group, a provider of products, services and technology to the global promotional products industry, announces its intention to seek admission of its shares to trading on the AIM market of the London Stock Exchange, which is expec
Touchstone Exploration hails "new era" after Trinidad well test success
“The results outline the opportunities that still exist for onshore Trinidad exploration and position Touchstone to become a top three onshore petroleum producer,” said chief executive Paul Baay
Touchstone Exploration continues to look forward to Ortoire results
The firm is working on two wells in the Ortoire block in Trinidad.
Touchstone Exploration bumps up loan facility for second exploration well
Cascadura-1, the second well, is anticipated to reach total depth in mid-November.
Touchstone Exploration Inc's Trinidad and Tobago gas well exceeds hopes
"Although Coho-1 targeted the smallest prospect in our Ortoire exploration inventory, the initial drilling results represent significant potential growth for the company,” said chief executive Paul Baay
Touchstone Exploration Inc says its operating from a ‘comfortable financial position’
With stable production and comfortable finances the Trinidad-based oil firm is looking to its exploration programme in the Ortoire block.
Touchstone Exploration kicks off Coho-1 exploration well in Ortoire block
"It is very exciting to commence drilling in Ortoire at our Coho-1 prospect,” said Paul Baay.