CALGARY, ALBERTA--(Marketwired - March 9, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces the results of the independent December 31, 2015 reserve evaluation (the "Reserves Report") with respect to the Company's crude oil and natural gas reserves in Canada and the Republic of Trinidad and Tobago ("Trinidad"). Amounts herein are in Canadian dollars unless otherwise stated [...]
CALGARY, ALBERTA--(Marketwired - Feb. 15, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an operations update and an update regarding its credit facility covenants. Operations Update Touchstone entered 2016 with a continued focus on reducing operating costs. The Company has been working with local service providers and suppliers to ensure that all facets of field operations are [...]
CALGARY, ALBERTA--(Marketwired - Feb. 1, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) is pleased to announce that it has closed the sale of its Kerrobert facility, infrastructure and associated mineral rights. The disposition had an effective date of December 31, 2015. The disposition included 6,739 acres of developed and undeveloped land at Kerrobert as well as mineral rights associated [...]
CALGARY, ALBERTA--(Marketwired - Jan 20, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that it has entered into an agreement to dispose of its Kerrobert, Saskatchewan facility, infrastructure and the associated PNG rights to Quattro Exploration and Production Ltd. ("Quattro") (TSX VENTURE:QXP) for total consideration of $4,150,000. The consideration includes $650,000 in cash and [...]
CALGARY, ALBERTA--(Marketwired - Jan 14, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update on its credit facility covenants and the refiling of its September 30, 2015 Management's Discussion and Analysis ("MD&A"). As previously disclosed, the Company was in breach of its monthly production volume bank facility covenant for the calendar months of October and November 2015 [...]
CALGARY, ALBERTA--(Marketwired - Dec. 9, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update to its Trinidad acquisition and reports on discussions with its lender on a review of certain credit facility covenants. Trinidad Asset Acquisition The Company is pleased to announce that the shareholders of Trinity Exploration & Production Plc ("Trinity") have approved the sale of the [...]
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces its financial and operating results for the three and nine months ended September 30, 2015. Selected financial and operational information is outlined below and should be read in conjunction with Touchstone's September 30, 2015 unaudited interim consolidated financial statements and the related [...]
CALGARY, ALBERTA--(Marketwired - Oct. 21, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that it has entered into an agreement to purchase certain onshore producing assets from Trinity Exploration and Production Plc ("Trinity") for cash consideration of US$20.8 million prior to adjustments (the "Acquisition"). The Acquisition is consistent with Touchstone's strategy of acquiring [...]
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces its financial and operating results for the three and six months ended June 30, 2015. Selected financial and operational information is outlined below and should be read in conjunction with Touchstone's June 30, 2015 unaudited interim consolidated financial statements and the related [...]
CALGARY, ALBERTA--(Marketwired - Aug 4, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that it has disposed of its working interest in 1,166 net hectares of undeveloped acreage in the Dodsland area of Saskatchewan for cash consideration of $4.2 million to a Canadian oil and gas producer. The properties are not currently producing and were assigned net proved reserves of 424,000 [...]
CALGARY, ALBERTA--(Marketwired - Jul 22, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that it has disposed of its interest in the Dawson area of Alberta for cash consideration of $2,150,000. The property was a non-producing legacy asset that was originally acquired for a potential THAI® project. In October 2014 Touchstone terminated a Dawson area cyclical steam pilot program [...]
CALGARY, ALBERTA--(Marketwired - May 20, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that at its annual meeting of shareholders held on May 20, 2015, the following seven director nominees were elected: Name of Director Nominee Votes For Votes Withheld Number Percent (%) Number Percent (%) Paul R. Baay 17,906,902 91.17% 1,734,168 8.83% Kenneth R. McKinnon 18,095,391 [...]