on Touchstone Exploration, Inc. (isin : CA89156L1085)
Touchstone Exploration Initiates Production from Cascadura C
Touchstone Exploration Inc. has announced the commencement of production from the Cascadura C well pad. The Calgary-based company has successfully connected the Cascadura C site to its natural gas processing plant, enhancing its capacity to 140 million cubic feet per day. This expansion was achieved by installing a new natural gas separator.
Currently, production testing is underway on the Cascadura-2ST1 well, with plans to proceed to Cascadura-3ST1. These tests measure flow rates and reservoir performance, with results anticipated in two weeks. Both wells are expected to enter continuous production soon thereafter.
Touchstone's president, Paul R. Baay, highlighted the strategic significance of this milestone in expanding reserves and optimizing production levels. The company holds an 80% interest in the Cascadura field, located in Trinidad and Tobago.
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