Touchstone Exploration Inc.

CALGARY, ALBERTA--(Marketwired - Jul 19, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update regarding its credit facility. Effective July 19, 2016, the Company and its lender executed an Amendment and Limited Waiver to the Credit Agreement (the "Amendment"). The Amendment cured the Company's June 2016 monthly production covenant breach, as Touchstone did not achieve the [...]

Touchstone Exploration announces that it liquidated its outstanding commodity hedging contracts on June 2, 2016 for gross proceeds of US$2,019,000 and voluntarily repaid its outstanding US$2,000,000 principal credit facility balance. Effective June 7, 2016, the Company and its lender executed an Amendment and Limited Waiver to the Credit Agreement. The Amendment waived the Company's minimum hedging requirement under the [...]

CALGARY, ALBERTA--(Marketwired - May 18, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that on May 18, 2016 it held its annual general meeting of shareholders (the "Meeting"). At the Meeting, shareholders approved the election of seven nominees as directors of Touchstone to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with [...]

CALGARY, ALBERTA--(Marketwired - May 12, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces its financial and operating results for the first quarter ended March 31, 2016. Selected financial and operational information is outlined below and should be read in conjunction with Touchstone's March 31, 2016 unaudited interim consolidated financial statements and the related management [...]

CALGARY, ALBERTA--(Marketwired - Apr 14, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update regarding its credit facility. Touchstone's borrowing base on its Trinidad based credit facility has been established at US$8,000,000 following the lender's semi-annual borrowing base review. The Company currently has US$2,000,000 drawn on the credit facility, and US$6,000,000 is [...]

CALGARY, ALBERTA--(Marketwired - Mar 24, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces its financial and operating results for the year ended December 31, 2015. Selected financial and operational information is presented below and should be read in conjunction with Touchstone's December 31, 2015 audited consolidated financial statements and related management's discussion and [...]

CALGARY, ALBERTA--(Marketwired - March 14, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that the previously announced agreement to purchase certain Trinidad onshore producing assets for US$20.8 million (the "Agreement") has been terminated pursuant to the terms of the Agreement, as the seller was unable to satisfy the required conditions precedent prior to the March 13, 2016 [...]

CALGARY, ALBERTA--(Marketwired - Mar 9, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update regarding its credit facility. As previously disclosed, the Company was in breach of its credit facility January 2016 monthly production volume covenant. Effective March 8, 2016, the Company and its lender executed an Amendment and Limited Waiver to the Credit Agreement (the "Waiver [...]

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 [...]