In this report, we provide analysis on the four development wells drilled by the company in 2017e. The company plans to drill an additional four development wells, which are expected to commence drilling in early 2018e and be on production in 1Q18e and early 2Q18e. With additional capital and/or in an improving crude oil price environment, we would expect a larger drilling program.
21 Nov 2017
Analysis of 2017 wells drilled
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Analysis of 2017 wells drilled
Touchstone Exploration Inc (TXP:LON) | 43.5 0 0.0% | Mkt Cap: 101.9m
- Published:
21 Nov 2017 -
Author:
Darren B. Engels -
Pages:
10
In this report, we provide analysis on the four development wells drilled by the company in 2017e. The company plans to drill an additional four development wells, which are expected to commence drilling in early 2018e and be on production in 1Q18e and early 2Q18e. With additional capital and/or in an improving crude oil price environment, we would expect a larger drilling program.