Touchstone Exploration hits pay at onshore well in Trinidad

Touchstone Exploration has made a significant oil and gas find at its onshore Cascadura-2 exploration well in Trinidad and Tobago, the Canadian E&P player announced on Thursday.

The well was drilled on Tuesday to a total depth of 2,170 metres, halting prior to the planned depth of 2,530 metres to preserve a substantial pay section.

Openhole logs and drilling data suggest a total sand thickness of around 160 metres in the targeted Herrera formation.

The well is being cased, with production testing scheduled for Q3 2024.

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.

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Touchstone Exploration Inc

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Touchstone Exploration, through its subsidiary POGL, has obtained an exploration and production licence for the Rio Claro block in Trinidad and Tobago. This agreement, completed with the Government of Trinidad and Tobago, the Ministry of Energy

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