Oil company Touchstone Exploration said the first of three planned production tests at an exploration well in Trinidad & Tobago had confirmed a light oil discovery in the lowermost section of the well.
The section tested of the Royston-1 well was initially designed to establish the base of potential hydrocarbon.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.