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Touchstone Exploration extend well test at Royston as latest result indicates ‘commerciality’

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF)‘s (Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF), Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF), Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF)) Paul Baay joins Proactive London’s Katie Pilbeam about their plans to put the Royston-1 well onto an extended production test, after confirming hydrocarbon flows in its third and final interval tested to date.

The third completion in the Royston-1 well was perforated on December 16 and flowed some 1,368 barrels of fluid with oil cuts indicated between 40% and 60%.

Aggregate flows from the well have amounted to around 1,786 bpd, averaging 705 barrels, with oil at 40% to 60%.

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Read More: Touchstone Exploration extend well test at Royston as latest result indicates ‘commerciality’

2021-12-21 06:14:00

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