Touchstone reported 4Q17 production of 1,448 boe/d, which was in line with expectations. The company has accelerated its 2018 development drilling program by contracting a second drilling rig. Drilling operations are expected to commence near the end of January 2018e. With success, there is the potential that Touchstone will drill more than the planned 10 development wells.
16 Jan 2018
Touchstone reports 4Q17 production and accelerates 2018 capital program
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Touchstone reports 4Q17 production and accelerates 2018 capital program
Touchstone Exploration Inc (TXP:LON) | 43.5 0 0.0% | Mkt Cap: 101.9m
- Published:
16 Jan 2018 -
Author:
Darren B. Engels -
Pages:
6
Touchstone reported 4Q17 production of 1,448 boe/d, which was in line with expectations. The company has accelerated its 2018 development drilling program by contracting a second drilling rig. Drilling operations are expected to commence near the end of January 2018e. With success, there is the potential that Touchstone will drill more than the planned 10 development wells.