Touchstone Exploration Inc. provides an update on Royston-1X well production testing, commissioning of the Cascadura natural gas and liquids facility, and operations at Coho. Touchstone has an 80 percent operating working interest in the Royston-1X sidetrack well and the Cascadura and Coho fields, all of which are located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage Petroleum Company [...]
Touchstone Exploration Inc. is pleased to announce the release of its 2022 ESG Report . The Report outlines our progress in achieving our environmental, social and governance objectives in the 2022 year and represents Touchstone's third year of ESG reporting. The Report was approved by the Company's Board of Directors and provides stakeholders with insight into our environmental stewardship, community involvement and [...]
Touchstone Exploration Inc. reports its operating and financial results for the three and six months ended June 30, 2023. Selected information is outlined below and should be read in conjunction with our June 30, 2023 unaudited interim condensed consolidated financial statements and related Management's discussion and analysis, both of which will be available under our profile on SEDAR and on our website . Unless [...]
Touchstone Exploration Inc. provides an update on the construction of the Cascadura facility and Royston-1X production testing. Touchstone has an 80 percent operating working interest in the Cascadura field and the Royston-1X 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 interest. Cascadura The [...]
Touchstone Exploration Inc. is pleased to announce that all matters presented for approval at the 2023 Annual and Special Meeting of Shareholders held virtually on June 29, 2023 were fully authorized and approved. A total of 48,791,959 common shares of the Company were voted in connection with the Meeting, representing 20.94% of the common shares eligible to vote at the Meeting. During the business proceedings of the [...]
Touchstone Exploration Inc. provides an update on the construction of the Cascadura facility and Royston-1X production testing, ahead of our Annual General Meeting which will be held today at 10:30 a.m. . Touchstone has an 80 percent operating working interest in the Cascadura field and the Royston-1X well, which are located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage Petroleum Company [...]
Touchstone Exploration Inc. announces that Primera Oil and Gas Limited , our wholly owned Trinidadian subsidiary, was notified on June 12, 2023 by the Trinidad and Tobago Ministry of Energy and Energy Industries that it was awarded the Cipero onshore block in the Trinidad and Tobago 2022 Onshore and Nearshore Competitive Bid Round. The Trinidad and Tobago government has authorized the MEEI to enter into discussions with [...]
Touchstone Exploration Inc. announces that Touchstone Exploration Ltd., our wholly owned Trinidadian subsidiary, has entered into a second amended and restated loan agreement with our Trinidad based lender providing for an additional US$7 million revolving loan . The Amended Loan Agreement provides for a US$7 million revolving loan facility in addition to the existing term facility. The existing term facility component of [...]
Touchstone Exploration Inc. announces that its President and Chief Executive Officer, Paul Baay, has entered into a Settlement Agreement with the Alberta Securities Commission in relation to a breach of Section 147 of the Securities Act . Pursuant to the Settlement Agreement, Mr. Baay admits that he, on six occasions between December 2019 and April 2021, emailed draft Touchstone news releases to an employee of a regulated [...]
Touchstone Exploration Inc. reports its operating and financial results for the three months ended March 31, 2023. Selected information is outlined below and should be read in conjunction with our March 31, 2023 unaudited interim condensed consolidated financial statements and related Management's discussion and analysis, both of which will be available under our profile on SEDAR and on our website . Unless otherwise [...]
/ 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. 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 [...]