Touchstone Exploration Inc.

Touchstone Exploration Inc. announces that Mr. John D. Wright has retired as a member and Chair of the Board of Directors, effective immediately. We extend our sincere gratitude to Mr. Wright for his invaluable contributions and dedicated service. His leadership and strategic insight have been instrumental in guiding Touchstone through key phases of our growth and development. Touchstone is pleased to announce the [...]

Touchstone Exploration Inc. reports its operating and condensed financial results for the three months and year ended December 31, 2024. Selected financial information is outlined below and should be read in conjunction with our December 31, 2024 audited consolidated financial statements and related Management's discussion and analysis, both of which are available under our profile on SEDAR+ and on our website . Unless [...]

Touchstone Exploration Inc. announces 2024 year-end reserves. Touchstone's independent reserves evaluation was prepared by GLJ Ltd. with an effective date of December 31, 2024 . Highlights of our total proved developed producing , total proved , and total proved plus probable reserves from the Reserves Report are provided below. Unless otherwise stated, all financial amounts referenced herein are stated in United States [...]

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. Brian Hollingshead 4. James Shipka 2 Reason for the notification a) Position/status 1. Director, President and Chief Executive Officer 2. Chief Financial Officer 3. EVP Engineering and [...]

Touchstone Exploration Inc. is pleased to announce that its wholly owned subsidiary, Touchstone Exploration Ltd. , has entered into an agreement with BG Overseas Holdings Limited to acquire all the share capital of Shell Trinidad Central Block Limited . Under the terms of the Acquisition, TETL will pay BG Overseas Holdings Limited $23 million consideration in cash prior to closing adjustments. Completion of the [...]

Touchstone Exploration Inc. announces its preliminary annual 2025 capital budget and financial guidance. Paul Baay, President and Chief Executive Officer, commented: "Our 2025 strategy focuses on driving sustainable growth by building on the success of our foundational Cascadura asset. We aim to fully leverage the extensive infrastructure and flowline installations completed in 2024 to unlock the field's potential. Our [...]

Touchstone Exploration Inc. reports financial and operating results for the three and nine months ended September 30, 2024 and updated 2024 guidance. Selected financial information is outlined below and should be read in conjunction with our September 30, 2024 unaudited interim condensed consolidated financial statements and related Management's discussion and analysis, both of which are available under our profile on [...]

Touchstone Exploration Inc. announces the completion of Cascadura-2ST1 and Cascadura-3ST1 well testing. Highlights Cascadura-2ST1 Well: during an extended 48-hour test, Cascadura-2ST1 produced an average rate of approximately 4,950 boe/d, consisting of 26.4 MMcf/d of natural gas and 547 bbls/d of NGLs. Fluid Analysis for Cascadura-2ST1: initial field analysis shows the presence of liquids-rich natural gas with no produced [...]

Touchstone Exploration Inc. announces that Primera Oil and Gas Limited , our wholly owned Trinidadian subsidiary, executed an Exploration and Production licence for the Rio Claro block on November 4, 2024. The Rio Claro Licence has been formally entered into by POGL, the Government of Trinidad and Tobago, the Trinidad and Tobago Ministry of Energy and Energy Industries , and a subsidiary of the National Gas Company of [...]

Touchstone Exploration Inc. announces initial production from the Cascadura C well pad. Touchstone has safely commissioned the flowline connecting our Cascadura C surface location to the Cascadura natural gas processing plant, which ties in our Cascadura-2ST1 and Cascadura-3ST1 wells. Additionally, a new natural gas separator has been installed and brought online, expanding the plant's gross natural gas processing [...]