logo-loader
viewTouchstone Exploration Inc

Touchstone Exploration looking forward to 'true exploration drilling' in Trinidad

Paul Baay, president and chief executive of Touchstone Exploration Inc (LON:TXP, CVE:TXP), caught up with Proactive London's Andrew Scott to discuss what's been a positive start to 2019, in terms of production as well as highlighting plans for further well drilling operations.

Touchstone drilled three wells in the fourth quarter of 2018, taking its tally for the year to eleven, and, it also performed twenty-eight well recompletions during the twelve months.

Baay says 2019 is going to be a very exciting year as it's the first time they'll be doing some true exploration drilling in Trinidad ..... ''This is kind of thing where you really game-change from around 2000 barrels a day to where you can get visibility to 5,000 or 10,000 barrels a day if we're successful''.

Quick facts: Touchstone Exploration Inc

Price: 13.25 GBX

AIM:TXP
Market: AIM
Market Cap: £21.29 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Touchstone Exploration Inc named herein, including the promotion by the Company of Touchstone Exploration Inc in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Touchstone declare 'solid quarter production' in Q3 results.

Trinidad-focused Touchstone Exploration  (LON:TXP, TSE:TXP) tell Proactive London investors that Q3 results are impressive with strong cashflow and good production in the field backing it up. Crude oil production averaged 1,758 barrels per day in the third quarter as the group's...

on 15/11/18

RNS

Second Price Monitoring Extn

13 hours, 28 minutes ago

Price Monitoring Extension

13 hours, 33 minutes ago

Second Price Monitoring Extn

16 hours, 28 minutes ago

Price Monitoring Extension

16 hours, 33 minutes ago

THIRD QUARTER 2019 RESULTS

4 days, 20 hours ago

Increase of Term Credit Facility

2 weeks, 4 days ago

2 min read