More good news from Touchstone exploration

Touchstone Exploration yesterday announced the completion of flowback testing of the Cascadura Deep-1 well, confirming a liquids rich natural gas discovery.

Touchstone has an 80 per cent operating working interest in the well, which is located on the Ortoire block onshore Trinidad and Tobago.

Heritage Petroleum Company Limited holds the remaining 20 per cent working interest.

Touchstone’s President and Chief Executive Officer Paul Baay said the positive test results from Cascadura Deep-1 further expands the opportunity on the Ortoire block “as we now expect to have two distinct and separate sheets producing from two wells in the Cascadura structure.”

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

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