Current production is c. 2,358 bbl/d (GMP FEe 1Q19: 2,000 bbl/d), based on the previous seven-day average. January and February 2019 crude oil sales were 1,994 and 2,179 bbl/d, respectively. 8 of the 11 wells are optimized with 3 awaiting final approval to complete additional sands. Upon receipt of the customary regulatory approvals, the company will proceed with the proposed workovers.
14 Mar 2019
FLASH: Very strong production, regular payments from Heritage, higher realised price
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FLASH: Very strong production, regular payments from Heritage, higher realised price
Touchstone Exploration Inc (TXP:LON) | 50.5 0 0.0% | Mkt Cap: 118.3m
- Published:
14 Mar 2019 -
Author:
Taro Kiley -
Pages:
2
Current production is c. 2,358 bbl/d (GMP FEe 1Q19: 2,000 bbl/d), based on the previous seven-day average. January and February 2019 crude oil sales were 1,994 and 2,179 bbl/d, respectively. 8 of the 11 wells are optimized with 3 awaiting final approval to complete additional sands. Upon receipt of the customary regulatory approvals, the company will proceed with the proposed workovers.