Touchstone Reports Hell Hole #2 Well Non-Commercial

Touchstone Resources USA Inc. reports that the S.L. 16141 #2 well, located in Vermilion Parish, La., has reached TVD of 17,500 feet and encountered 79 net feet of pay in the Marg "A", "N" and "O" sands, however, the find was non-commercial.

Mark A. Bush, president of Touchstone, stated, "Unfortunately, the reported discovery did not prove to be commercial. However, we have several deep structures confirmed by 3-D and hope to drill those by end of 3rd Quarter." Mr. Bush also stated, "Our acreage to the north has been re-mapped and shows potential in these shallower pays."