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Touchstone Continues Testing, Exploration in Trinidad

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Touchstone Continues Testing, Exploration in Trinidad

Touchstone Exploration Inc. has provided an operations update.

Trinidad Operations:

To date the Company has successfully drilled four (3.16 net) wells in total. Two (2.0 net) wells were drilled on the Forest Reserve WD-8 Block, one (1.0 net) well on the Grand Ravine WD-4 Block, and one (0.16 net) well on the Cory Moruga Block.

The two wells on our WD-8 property were drilled to total measured depths of approximately 4,000 feet.

The first well (FR-1747) encountered 302 feet of net oil pay of which 170 feet is in the Lower Forest formation, 55 feet in the Upper Cruse, 18 feet in the Middle Cruse and 59 feet in the Lower Cruse formation. The well will initially be competed in the Lower Cruse formation. The second well (FR-1748) encountered in excess of 280 feet of net oil pay in the…
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