Touchstone Exploration Inc has announced its completion of drilling on the Royston-1 exploration well in Ortoire, south Trinidad, and a discovery of substantial hydrocarbon.
A statement from the Calgary, Alberta-based company on Saturday said mud-logging and wireline logs showed hydrocarbon accumulations in the Lower Cruse, Karamat and Herrera sections.
Touchstone said Royston-1 was drilled to a total depth of 10,700 feet and was the deepest exploration well drilled by the company to date.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.