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DRILLING ONSHORE

Touchstone spuds Cascadura Deep-1 well in Trinidad

PORT OF SPAIN, October 29, 2020 – Touchstone Exploration has spudded the Cascadura Deep-1 well ahead of schedule, the company announced on Thursday.

 

The well is located in the Ortoire onshore exploration block, which Touchstone operates with an 80% stake.

“I am delighted to report that the team continues to push forward with operations at Cascadura Deep-1 and Chinook-1 ahead of schedule,” Paul Baay, president and CEO, said.

“While the pandemic has caused delays regarding the tie-in of Coho-1, we are pleased to have received initial approvals for the extension of the Ortoire licence, a recognition of the Trinidad Government’s commitment to this exploration program and a reward for the recent exploration success that Touchstone has enjoyed.”

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