Touchstone Exploration Inc. (LSE:TXP) has successfully drilled the Cascadura-5 well in Trinidad and Tobago, reaching a depth of 7,020 feet and intersecting substantial hydrocarbon-bearing sand formations. Located within the Ortoire block, the well was completed on time and within budget, providing valuable insights into the Cascadura geological structure.

The company intends to bring the Cascadura-4 and Cascadura-5 wells online as part of its existing natural gas facility, which could contribute to increased production capacity and future growth opportunities.

About Touchstone Exploration

Headquartered in Calgary, Alberta, Touchstone Exploration Inc. focuses on acquiring and developing petroleum and natural gas assets. The company operates primarily onshore in Trinidad and Tobago, engaging in exploration, development, and production activities. Touchstone’s shares are listed on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the ticker ‘TXP’.

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