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Touchstone Exploration completed well Cascadura-4ST2X in Trinidad and Tobago, intersecting target sands, with project completion expected in Q2 2025.
Touchstone Exploration completed the Cascadura-4ST2X well in Trinidad and Tobago, reaching 5,896 feet before stopping due to lost circulation and a stuck drill string. The well intersected targeted Herrera Gr7bc sands consistent with geological models, and will be completed using casing and the remaining drill string. Cascadura-5 well completion is underway with tie-in to the existing gas facility. After Pad B, the rig will move to Carapal Ridge-3 by late October. A compressor has been secured, with project completion expected in Q2 2025. August 2025 production averaged 5,152 boe/d, including 21.7 MMcf/d of natural gas and 1,529 bbls/d of oil and liquids. Touchstone also agreed to sell its Fyzabad property, receiving three turnkey wells on its WD-8 and WD-4 blocks—two before year-end 2025, one in early 2026—with closing pending regulatory approval.