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Touchstone Exploration ready to spud first well on Ortoire block

Touchstone Exploration Inc's (LON:TXP) Paul Baay tells Proactive London's Andrew Scott they're ready to spud their first well on the Ortoire project.

''The only hold up at this point is when we'll get the drilling rig - one of the other operators on the island is using it right now - as soon as they're done it'll move into our location''.

Quick facts: Touchstone Exploration Inc

Price: 58 GBX

AIM:TXP
Market: AIM
Market Cap: £106.42 m
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Touchstone Exploration CEO welcomes confirmation of 40-50 MMcf/d production...

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