Touchstone Exploration Updates on Trinidad and Tobago Operations

On October 29, 2026, Touchstone Exploration Inc. announced updates on its operations in Trinidad and Tobago. The company has been focusing on three major activities: completing the Karamat interval at the Carapal Ridge-3 (CR-3) well, advancing the WD-4 development drilling campaign, and optimizing production at the Cascadura field.

The CR-3 well, targeting the Karamat sands, showed preliminary test rates of 5.0 MMcf/d and 6.8 MMcf/d of natural gas at different choke settings. These rates, however, are not indicative of long-term performance. Meanwhile, the WD-4 block's PS-623 well began production, yielding approximately 387 bbls/d of crude oil initially, although a decline is anticipated.

At Cascadura, improvements have been noted in the reliability of the compressor, recording 98% uptime, thus boosting natural gas production. Moreover, plans include multiple optimization workovers intended to enhance production efficiency.