# Touchstone Exploration reach gross target rate of 60 MMcf/d at Cascadura after first week

- Link: https://www.directorstalkinterviews.com/touchstone-exploration-reach-gross-target-rate-of-60-mmcfd-at-cascadura-after-first-week/4121127330
- Published: 2023-09-18T07:14:43+01:00
- Author: Emily Johnson

**[Touchstone Exploration](https://www.directorstalkinterviews.com/company/touchstone-exploration-inc/txp.l)
Inc.** (TSX, [LON:TXP](https://www.directorstalkinterviews.com/company/touchstone-exploration-inc/txp.l))
has provided an update regarding natural gas and liquids production volumes from
the recently commissioned Cascadura facility. Touchstone has an 80 percent operating
working interest in the Cascadura field, which is located on the Ortoire block onshore
in the Republic of Trinidad and Tobago. Heritage Petroleum Company Limited holds
the remaining 20 percent working interest.

Touchstone achieved its forecasted Cascadura gross natural gas production rate of
60 million cubic feet per day (“MMcf/d”) on September 15, 2023. The Cascadura-1ST1
well is currently contributing approximately 40 MMcf/d while the Cascadura Deep-
1 well is contributing approximately 20 MMcf/d of gross natural gas volumes. In 
addition, the wells are currently producing an aggregate 1,400 barrels per day of
field estimated gross natural gas liquids volumes.

> **Paul Baay, Touchstone Exploration Inc.** **President and Chief Executive Officer,
> commented:**
> “_I am very pleased that we have reached our gross target rate of 60 MMcf/d at
> Cascadura after our first week of operations. The performance of the wells, both
> of which are being choked at surface, is in line with expectations and the surface
> facility is currently operating at approximately 67 percent of its capacity._“

**Touchstone Exploration Inc.**

Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business
of acquiring interests in petroleum and natural gas rights and the exploration, 
development, production and sale of petroleum and natural gas. Touchstone is currently
active in onshore properties located in the Republic of Trinidad and Tobago. The
Company’s common shares are traded on the Toronto Stock Exchange and the AIM market
of the London Stock Exchange under the symbol “TXP”.

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