CALGARY, Alberta, March 08, 2018 -- Touchstone Exploration Inc. announces the results of its independent year-end 2017 reserves evaluation. Reserve numbers provided herein were derived from an independent reserves report prepared by GLJ Petroleum Consultants Ltd. effective December 31, 2017. All currency amounts are in Canadian dollars unless otherwise stated. The financial information contained herein is based on the [...]
CALGARY, Alberta, Feb. 07, 2018 -- Touchstone Exploration Inc. announces the commencement of its ten well onshore drilling program in the Republic of Trinidad and Tobago which is expected to be fully funded by current cash balances and cash flows from operations. The Company spudded the first well of the program on its Grand Ravine WD-4 block on February 3, 2018. The PS-602 well is being drilled to an approximate total [...]
North Energy Capital AS announces that on January 18, 2018, North Energy purchased 150,000 common shares of Touchstone Exploration, representing approximately 0.12% of the total number of issued and outstanding Common Shares at a price of GBP £0.125 per Common Share for total consideration of GBP £18,750. The Common Shares were purchased through the facilities of the AIM Market of the London Stock Exchange. Prior to the [...]
CALGARY, Alberta, Jan. 16, 2018 -- Touchstone Exploration Inc. announces the following operational update. Highlights Achieved November and December 2017 crude oil sales of 1,536 and 1,337 barrels per day , respectively. Realized average prices of US$56.54 per barrel and US$57.18 per barrel for November and December crude oil volumes, respectively. Production from the four wells drilled in 2017 remained strong [...]
CALGARY, Dec. 22, 2017 -- Touchstone Exploration Inc. , announces the closing of its previously announced private placement on the same terms as were provided in the Company’s news release dated December 8, 2017. The new common shares issued in connection with the private placement were admitted to trading on the Toronto Stock Exchange and AIM. About Touchstone Exploration Inc. [...]
Touchstone Exploration Inc. Alberta, Dec. 08, 2017 -- Touchstone Exploration Inc. , announces that it intends to complete a private placement directed towards United Kingdom institutional investors . The Company is raising gross proceeds of £3.0 million by way of a placing of 25,784,285 new common shares of no par value at a price of 11.5 pence per New Common Share . The Placement Price represents a 6.1 percent discount [...]
CALGARY, Alberta, Nov. 28, 2017 -- Touchstone Exploration Inc. is pleased to provide the following operational update. Highlights Achieved September 2017 and October 2017 crude oil sales of 1,369 and 1,472 barrels per day , respectively. Production from the four wells drilled in 2017 remains strong, contributing an average of 299 bbls/d during September and October 2017. The Company has commenced preparation of the [...]
CALGARY, Alberta, Nov. 14, 2017 -- Touchstone Exploration Inc. announces its financial and operating results for the three months ended September 30, 2017 . Selected financial and operational information is outlined below and should be read in conjunction with Touchstone’s September 30, 2017 unaudited interim consolidated financial statements and related management’s discussion and analysis, both of which will [...]
CALGARY, Alberta, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) (LSE:TXP) is pleased to announce the appointment of Mr. Stanley Smith to Touchstone’s Board of Directors (“the Board”) as of October 4, 2017. Mr. Smith will also serve as the Chair of the Board’s Audit Committee and on the Board’s Compensation [...]
CALGARY, Alberta, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) (LSE:TXP) is pleased to provide the following operational update. Highlights Achieved July 2017 and August 2017 crude oil sales of 1,349 and 1,591 barrels per day (“bbls/d”), respectively. The first two wells of the 2017 drilling program drilled on the Coora 1 [...]
CALGARY, ALBERTA--(Marketwired - Aug 11, 2017) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP)(AIM:TXP) announces its financial and operating results for the three months ended June 30, 2017 (the "second quarter"). Selected financial and operational information is outlined below and should be read in conjunction with Touchstone's June 30, 2017 unaudited interim consolidated financial statements and [...]
CALGARY, ALBERTA--(Marketwired - Jul 17, 2017) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP)(AIM:TXP) announces the following operational update for the three months ended June 30, 2017 (the "second quarter"). Highlights Achieved second quarter crude oil sales of 1,335 barrels per day ("bbls/d"). Realized an average price of US$45.51 per barrel in the second quarter of 2017. Average field [...]