Touchstone Bolsters Drilling Ops and Financial Flexibility
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Touchstone Bolsters Drilling Ops and Financial Flexibility

Touchstone Exploration (OTC) (TSE:TXP) has released an update.

Touchstone Exploration Inc. has expanded its borrowing capacity by securing an additional $13 million through an Amended Bank Loan, intending to finance its 2024 capital program. The company has also kicked off drilling operations for two wells, Cascadura-3 and CO-374, targeting gas and oil in different formations, and is advancing infrastructure to support these developments.

For further insights into TSE:TXP stock, check out TipRanks’ Stock Analysis page.

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