Touchstone Exploration Inc. announces that the initial Royston-1X production test of the least prospective section of the well confirmed the presence of light crude oil at non-commercial rates. Touchstone has an 80 percent operating working interest in the well, which is located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage Petroleum Company Limited holds the remaining 20 percent working [...]
/ PDMR PURCHASES Touchstone Exploration Inc. announces the following purchases under its Employee Share Purchase Plan. 1 Details of the person discharging managerial responsibilities / person closely associated a) Name 1. Paul R. Baay 2. Scott Budau 3. James Shipka 2 Reason for the notification a) Position/status 1. Director, President and Chief Executive Officer 2. Chief Financial Officer 3. Chief Operating Officer b [...]
Touchstone Exploration Inc. reports its operating and financial results for the three months and year ended December 31, 2022. Selected information is outlined below and should be read in conjunction with our December 31, 2022 audited consolidated financial statements, the related Management's discussion and analysis and our December 31, 2022 Annual Information Form, all of which will be available under our profile on [...]
ANNUAL 2022 FINANCIAL AND OPERATING RESULTS Touchstone Exploration Inc. reports its operating and financial results for the three months and year ended December 31, 2022. Selected information is outlined below and should be read in conjunction with our December 31, 2022 audited consolidated financial statements, the related Management's discussion and analysis and our December 31, 2022 Annual Information Form, all of [...]
Touchstone Exploration Inc. provides the following information under Rule 17 and Schedule Two Paragraph of the AIM Rules for Companies. On November 30, 2017, Mr. John D. Wright, Chairman of Touchstone, became a director of OAN Resources Ltd. , a private company registered in Canada. On June 14, 2019, the management of OAN filed a Notice of Intention to Make a Proposal under subsection 50.4 of the Bankruptcy and Insolvency [...]
Touchstone Exploration Inc. announces our 2022 year-end reserves. Our independent reserves evaluation was prepared by GLJ Ltd. with an effective date of December 31, 2022 . Highlights of our total proved developed producing , total proved , total proved plus probable and total proved plus probable plus possible reserves from the Reserves Report are provided below. All finding and development costs below include changes in [...]
Touchstone Exploration Inc. reports that the Company has completed drilling the Royston-1X exploration well and is pleased to announce that the well encountered substantial sands in the targeted Herrera Formation. Touchstone has an 80 percent operating working interest in the well, which is located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage Petroleum Company Limited holds the remaining [...]
Touchstone Exploration Inc. reports that the Company has completed drilling the Royston-1X exploration well and is pleased to announce that the well encountered substantial sands in the targeted Herrera Formation. Touchstone has an 80 percent operating working interest in the well, which is located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage Petroleum Company Limited holds the remaining [...]
/ PDMR PURCHASES Touchstone Exploration Inc. announces the following purchases under its Employee Share Purchase Plan. 1 Details of the person discharging managerial responsibilities / person closely associated a) Name 1. Paul R. Baay 2. Scott Budau 3. James Shipka 2 Reason for the notification a) Position/status 1. Director, President and Chief Executive Officer 2. Chief Financial Officer 3. Chief Operating Officer b [...]
CASCADURA FACILITY UPDATE Touchstone Exploration Inc. reports that on February 24, 2023, the Company was notified by The National Gas Company of Trinidad and Tobago Limited that they expect to be ready to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023. Touchstone remains on track to complete the Cascadura facility prior to this date to ensure production can [...]
Touchstone Exploration Inc. reports that on February 24, 2023, the Company was notified by The National Gas Company of Trinidad and Tobago Limited that they expect to be ready to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023. Touchstone remains on track to complete the Cascadura facility prior to this date to ensure production can commence as soon as NGC is in a [...]
Touchstone Exploration Inc. reports that it has commenced operations at the Royston-1X sidetrack well located on the onshore Ortoire block in the Republic of Trinidad and Tobago. Touchstone has an 80 percent operating working interest in the well, with Heritage Petroleum Company Limited holding the remaining 20 percent working interest. Touchstone has completed the mobilization of Star Valley Drilling Rig #25 to the [...]