This year is expected to be a bumper one for the Canadian energy company, Touchstone Exploration, as the Cascadura facility at the field in Rio Claro is up and running and many drilling projects are also scheduled.
This was announced by Touchstone’s president and chief executive officer, Paul Baay, as he spoke to the Business Guardian at the Energy Conference earlier this week at the Hyatt Regency.
Baay said two wells are on at the Cascadura field and the plan is to optimise the natural gas field’s production.
Touchstone started production of natural gas and associated liquids from the field in September last year. From those particular two wells,, he explained that about 35 million cubic feet a day is expected.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.
