Monday, September 30, 2024
9:39 AM EST – Touchstone Exploration Inc. : Provides an operational update. Highlights: Successful completion of our Cascadura C wells: the Cascadura-2ST1 and Cascadura-3ST1 wells were completed with initial shut-in wellhead pressures building to 3,600 psi and 2,665 psi, respectively. Gas presence indicated at Cascadura-2ST1: the fluid column gradient observed in the tubing at Cascadura-2ST1 suggests a significant presence of natural gas, comparable to findings in the Cascadura-1ST1 well, reinforcing our geological models. Crude Oil and Natural Gas at Cascadura-3ST1: Cascadura-3ST1 successfully flowed crude oil from the lower sheet 5 Herrera interval on September 17, followed by a test from the sheet 4 Herrera interval on September 26, confirming natural gas. Touchstone Exploration Inc. (T.TXP) shares were unchanged at 0.6.
Stocks in Play: Touchstone Exploration Inc., Mon, 30 Sep 2024 09:42:06 EST