Touchstone’s first oil production in Trinidad meets expectations

Canadian independent Touchstone Exploration has achieved its forecast gross natural gas production rate of 60 million cubic feet per day from the Cascadura field located on the Ortoire block in onshore Trinidad and Tobago.

The company, which only last week stated oil output at the field, reported the Cascadura-1ST1 well is currently flowing at a rate of approximately 40 MMcfd, while the Cascadura Deep-1 well is contributing approximately 20 MMcfd of gross natural gas volumes.

In addition, these wells combined are producing an estimated 1400 barrels per day gross of natural gas liquids.

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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