Touchstone Exploration (TSE:TXP) has released an update.
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Touchstone Exploration Inc. has unveiled its preliminary 2025 capital budget, targeting a $23 million investment primarily in its Cascadura field, with plans to drill four development wells to boost production by 19%. The company aims to fund these initiatives through operating cash flows and a $10 million expansion of its debt facilities, maintaining a stable net debt level by the end of 2025.
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