Touchstone expects bumper year with new facility and drilling projects

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Touchstone Exploration

More articles like this

Touchstone Exploration

Touchstone Exploration maximise energy potential

Touchstone Exploration’s expanding exploration portfolio boasts 137,312 acres, with strategic assets such as Ortoire and Cipero holding significant potential for energy resources and long-term growth.

Touchstone Exploration

Touchstone Exploration advances growth in Trinidad

Touchstone Exploration solidifies its position in Trinidad’s energy sector with the recent acquisition of the Rio Claro block through its subsidiary, Primera Oil and Gas. Exciting new opportunities await.