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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: pstad60 who wrote (24888)	11/1/2025 10:21:36 AM
From: pstad60	1 Recommendation Recommended By Kahlua Respond to of 24892

Have a look at Touchstone Exploration's latest Corporate Presentation posted in October 2025 touchstoneexploration.com There is a fairly high probability for success regarding TXP's guidance for 10,000 mcf/d initial production, plus some natural gas liquids, from the planned Carapal Ridge 3 development well . . The diagram on page 18 shows the potential zones that were historically tested by the previous operators but were never exploited by the Carapal Ridge 1 and 2 wells. Note the planned target for the Carapal Ridge 3 development well which should be spudded by mid-November. . On October 6, 2025, CEO Paul Baay responded to a number of questions from shareholders.One question dealt with the company's drilling plans for the next few quarters: " ... Central Block: What is the concrete drilling and exploration plan for Central Block, including well count, timing, and estimated costs? Crucially, how will this be funded without further shareholder dilution? PB’s reply: “The next four wells are going to be at Central Block — CR-3 in November, BR-2 in January/February, and the other two wells in Q2. About US $3.5 million net per well. Then we will move back to Cascadura....” GLTA !