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Touchstone Exploration gearing up to spud first Ortoire well in June

Published: 12:08 27 Mar 2019 EDT

Touchstone Exploration Inc's (LON:TXP, TSE:TXP) Paul Baay and James Shipka update Proactive London's Andrew Scott on their 2018 results as well as the year ahead's exploration and development plans.

Production for the 12-month period averaged a rate of 1,718 barrels of oil per day, up 25% from 1,375 bopd in 2017.

So far this year Touchstone's reported oil sales of 1,994 barrels of oil per day in January and an increase to 2,179 bopd in February.

The company's now looking at growth through exploration - namely the Ortoire Block, where they're looking to spud their first well in June this year.

Touchstone Exploration discusses transformational 2023 and the road ahead

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) CEO Paul Baay describes 2023 as a transformational year for the company, emphasizing the significant growth and operational advancements achieved. In an interview with Proactive's Stephen Gunnion, Baay said key 2023 achievements...

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