Touchstone Exploration Inc. (LON:TXP) has announced an operational update, highlighted by the drilling results of the Cascadura-2 delineation well.
Highlights
· The Cascadura-2 delineation well was drilled to a total depth of 7,132 feet.
· Drilling of the well was suspended prior to the planned total depth of 8,300 feet to preserve the substantial pay section observed in the well after high pressure gas zones were encountered.
· Cascadura-2 openhole logs and drilling data indicated a total sand thickness of approximately 525 feet in the targeted Herrera formation.
· The Cascadura-2 well is currently being cased and production testing is scheduled to commence in the third quarter of 2024 directly into the Cascadura natural gas facility.