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Touchstone Exploration ready to spud first well on Ortoire block

Touchstone Exploration Inc's (LON:TXP) Paul Baay tells Proactive London's Andrew Scott they're ready to spud their first well on the Ortoire project.

''The only hold up at this point is when we'll get the drilling rig - one of the other operators on the island is using it right now - as soon as they're done it'll move into our location''.

Quick facts: Touchstone Exploration Inc

Price: 12.35 GBX

AIM:TXP
Market: AIM
Market Cap: £19.84 m
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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

2 min read