Touchstone Exploration Inc. announces the completion of flowback testing of the Cascadura Deep-1 well, confirming a liquids rich natural gas discovery. Touchstone has an 80 percent operating working interest in the well, which is located on the Ortoire block onshore Trinidad and Tobago holds the remaining 20 percent working interest). Highlights Touchstone perforated the top 199 feet of the 449 feet identified as [...]
Touchstone Exploration Inc. , provides an update regarding exploration operations on the Ortoire block, onshore Trinidad and Tobago . Highlights Completed and tested the third interval at Chinook-1 encountering 35 degree API gravity crude oil; further evaluation is required to determine commerciality. All three Herrera thrust sheets in Chinook-1 encountered light oil indicating the structure is predominantly oil charged [...]
Touchstone Exploration Inc. reports its operating and financial results for the three months and year ended December 31, 2020. Selected information is outlined below and should be read in conjunction with Touchstone's December 31, 2020 audited consolidated financial statements, the related Management's discussion and analysis and Annual Information Form, all of which will be available under the Company's profile on SEDAR [...]
Touchstone Exploration Inc. , announces a summary of its 2020 year-end reserves and provides an operational update. Our independent reserves evaluation was prepared by GLJ Ltd. with an effective date of December 31, 2020 . Highlights of our 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 [...]
Touchstone Exploration Inc. announces that it has extended the term of its Lease Operatorship Agreements with Heritage Petroleum Company Limited for its Coora-1, Coora-2, WD-4 and WD-8 blocks to March 31, 2021. The LOAs were originally set to expire on December 31, 2020 and have been extended under existing terms and conditions while Touchstone and Heritage progress on negotiations regarding new ten-year LOAs for each [...]
CALGARY, AB, Dec. 22, 2020 /CNW/ - Touchstone Exploration Inc. is pleased to announce the appointment of Ms. Beverley Smith to Touchstone's Board of Directors as of December 22, 2020. Ms. Smith will also serve on the Board's Compensation and Governance Committee and on the Health, Safety, Environment and Reserves Committee. Ms. Smith is a chartered geologist and an accomplished business leader with over thirty years of [...]
Touchstone Exploration Inc. is pleased to announce that it has executed a long-term natural gas sales agreement with the National Gas Company of Trinidad and Tobago Limited for all future natural gas production from the Ortoire block . Per NGC's Media release dated December 18, 2020 NGC, Touchstone in gas supply Partnership The National Gas Company of Trinidad and Tobago Limited signed a natural gas supply agreement with [...]
Touchstone Exploration Inc. reports that the Company has completed drilling the Cascadura Deep-1 exploration well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago and is pleased to announce that the well encountered significant hydrocarbon accumulations based on drilling and wireline log data. Highlights Cascadura Deep-1 was drilled to a total depth of 8,303 feet. Drilling was suspended [...]
Touchstone Exploration Inc. reports its unaudited financial and operating results for the three months ended September 30, 2020. Selected information is outlined below and should be read in conjunction with Touchstone's September 30, 2020 unaudited consolidated interim financial statements and related Management's Discussion and Analysis, both of which will be available on the Company's website and under the Company's [...]
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 November 3, 2020. The new common shares issued in connection with the private placement were admitted to trading on the Toronto Stock Exchange and the AIM market of the London Stock Exchange. About Touchstone Exploration Inc. [...]
Touchstone Exploration Inc. 7 596/2014. ????INFORMATION.? Touchstone Exploration Inc. announces that further to the Company's announcement on November 2, 2020 regarding the proposed private placing , the Company has placed 24,291,866 new common shares of no par value (th...
Touchstone Exploration Inc. 7 596/2014. ????INFORMATION.? Touchstone Exploration Inc. announces a proposed placing in the UK and Canada of up to US$30 million through the issue of common shares of no par value (the "Placing S...