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Touchstone Exploration CEO says reserves report on Cascadura confirms it as world-class

Touchstone Exploration Inc’s (LON:TXP) Paul Baay speaks to Proactive London's Andrew Scott following the release of a new independent reserves report on its Cascadura project which confirms it as a significant discovery. Consultant GLJ Ltd has estimated Cascadura hosts between 241.2 and 571.5 billion cubic feet of discovered natural gas in place, with the ‘best’ estimate pitched at 398.5bn.

Quick facts: Touchstone Exploration Inc

Price: 74.5 GBX

AIM:TXP
Market: AIM
Market Cap: £137.2 m
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Touchstone Exploration CEO reports 'healthy cash position' as it spuds...

Touchstone Exploration's (LON:TXP) Paul Baay talks Proactive's Andrew Scott through its second quarter results and operational update. Touchstone reported average daily production of 1,396 barrels per day in the period with an operating netback of $10.73 per barrel. Baay says they maintained...

on 14/8/20

2 min read