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Stocks in play: 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. shares T.TXP are trading unchanged at $0.60.
