Touchstone Exploration Inc. is advancing development, workover, and production optimization programs across WD 4, Ortoire, and Central blocks in the Republic of Trinidad and Tobago.

The company completed preparation of two WD-4 drilling locations, and the drilling rig is now on location. The first well in the two-well campaign is scheduled to spud in mid-September 2026.

The campaign, which is targeting additional oil production, represents the next phase of Touchstone's ongoing field development program, the company said.

At Cascadura-2ST1 in Ortoire block, the company confirmed completing a solvent squeeze treatment designed to improve well productivity.

Touchstone said the treatment has demonstrated promising incremental production gains, supporting application of the current optimization strategy across additional Cascadura wells. The company said it intends to evaluate and deploy similar treatments across the field where appropriate during second-half 2026.

The Cascadura-3ST1 workover and Cascadura-5 recompletion are planned for execution in October 2026. Both activities are expected to provide additional opportunities to optimize production from Cascadura field.

Cascadura booster compressor started operations on July 9, 2026, and has been operating with improving uptime following initial post-commissioning troubleshooting, supporting increased natural gas throughput from the Cascadura field.

Uptime availability improved to 73% in August from about 57% percent in July, supporting average gross natural gas production growth to 9.7 MMcfd in July and 12.6 MMcfd in August, up sharply from about 6.6 MMcfd in June. Touchstone said the operations team continues to optimize the booster compressor system and is targeting an uptime availability of 97%.  

Touchstone completed the CR-3 coiled tubing cleanout and acid stimulation program in Central Block during August and early September. While the operation resulted in a limited production response, the workover provided additional information regarding the well's reservoir restrictions and the potential impact of residual drilling damage.

The company said it is now preparing a completion program targeting the Karamat sands, which demonstrated encouraging hydrocarbon potential during drilling of the well. The Karamat interval consists of about 82 ft of net pay between depths of 6,530 ft and 6,760 ft, with the sands also present in the Carapal Ridge-1 and Carapal Ridge-2 wells, providing additional potential for future development.

Execution of the Karamat completion program is targeted for October 2026, according to Touchstone.