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Touchstone Exploration Inc.

09:53 AM EST - Touchstone Exploration Inc. : Has made a significant crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. Cascadura-1ST1 cased hole wireline logs indicated significant prospective oil pay totaling 1,037 feet from 1,374 feet of gross sand. In all, 80 net feet of oil pay was encountered in the regional Lower Cruse sands at measured depths between 1,030 and 2,134 feet. Touchstone Exploration Inc. shares T.TXP are trading up $0.13 at $0.37.