Touchstone Exploration hits stride with Cascadura project

Trinidad-based Touchstone Exploration is celebrating success with its Cascadura project, evident from the company’s third-quarter results released on November 14. The impact of Cascadura’s initial output on both production profile and operating cash flows has been substantial, as highlighted by Paul Baay, the President and Chief Executive Officer.

Baay expressed optimism about the influence of Cascadura’s early production on operational and financial aspects, foreseeing substantial enhancements in both areas.

Touchstone achieved a milestone by initiating production from the Cascadura-1ST1 well on September 6, 2023, followed shortly by the Cascadura Deep-1 well on September 14, 2023.

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 Inc (LON: TXP) has announced its preliminary annual 2025 capital budget and financial guidance. Paul Baay, President and Chief Executive Officer, commented: “Our 2025 strategy focuses on driving sustainable growth by building on the success

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Primera Oil and Gas advances exploration with new Rio Claro licence

25th November 2024

Primera Oil and Gas Limited, a subsidiary of Touchstone Exploration Inc., has officially initiated activities under the Rio Claro licence as of 5 November. This six-year licence involves a financial commitment of $2.4 million, encompassing geological

Touchstone Exploration CEO on Cascadura results, Rio Claro block and 2025 plans (LON:TXP)

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Touchstone Exploration Inc (LON:TXP) Chief Executive Officer Paul Baay caught up with DirectorsTalk for an exclusive interview to discuss fantastic results at the two wells at Cascadura, the recently acquired Rio Claro block, drill-to-fill strategy, and

Touchstone expands exploration potential

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Touchstone Exploration, through its subsidiary POGL, has secured an exploration and production licence for the Rio Claro block in Trinidad and Tobago. This agreement was finalised in collaboration with the Government of Trinidad and Tobago, the

Touchstone Exploration reports strong Q3 financials with 54% production increase

13th November 2024

Touchstone Exploration Inc (LON:TXP) has reported financial and operating results for the three and nine months ended September 30, 2024 and updated 2024 guidance. Selected financial information is outlined below and should be read in conjunction with our

Touchstone Exploration secures new Rio Claro block licence in T&T

12th November 2024

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

Touchstone Exploration CEO Paul Baay on the Latest Cascadura Well Success and Strategic Expansion in Trinidad (VIDEO)

12th November 2024

Touchstone Exploration (LON:TXP) CEO Paul Baay joins DirectorsTalk Interviews to discuss completion of Cascadura-2 ST1 and Cascadura-3 ST1 well testing. In this interview, Touchstone Exploration’s CEO, Paul Baay, discusses recent developments at the Cascadura field in Trinidad,

Touchstone Exploration reports encouraging well test results at Cascadura

11th November 2024

Touchstone Exploration Inc (LON:TXP) has announced the completion of Cascadura-2ST1 and Cascadura-3ST1 well testing. Highlights · Cascadura-2ST1 Well: during an extended 48-hour test, Cascadura-2ST1 produced an average rate of approximately 4,950 boe/d, consisting of 26.4 MMcf/d of natural gas

Touchstone Exploration begins production from Cascadura C well pad in Trinidad

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Touchstone Exploration Inc., a Canadian energy company, has started initial production from its Cascadura C well pad located onshore in Trinidad. The company has successfully set up a flowline to link the Cascadura C site to

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