on Touchstone Exploration, Inc. (CVE:TXP)
Touchstone Exploration Updates on Cascadura-4ST2X Well Operations
Touchstone Exploration Inc., a Calgary-based company, shared updates on its operations of the Cascadura-4ST2X well in the Ortoire block. The well, utilizing Star Valley Drilling Rig #205, was resumed on August 16, 2025, and reached a depth of 5,896 feet by September 22, 2025. The operation was halted earlier than planned due to gas-charged sands and a stuck drill string. Consequently, the well will be completed for production using a combination of casing and the drill string.
Plans are in place for the completion and tie-in of Cascadura-5 and Cascadura-4ST2X, with equipment on location. Additionally, Touchstone is divesting the non-core Fyzabad property in exchange for drilling commitments on other blocks. Production averaged 5,152 boe/d in August, highlighting consistent performance.
R. H.
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