CALGARY, ALBERTA (By Touchstone, 8.Jun.2026, Words: 227) — Touchstone Exploration Inc. announced completion of its WRAP retail offer, which closed on 5 Jun. 2026, together with the previously announced subscription, placing and LIFE offering (collectively, the “Fundraise”). The Fundraise raised aggregate gross proceeds of $10.9mn (approximately ÂŁ8.1mn and C$15.1mn) before expenses. […]
Tag: Touchstone Exploration
Touchstone announces WRAP deal to raise up to $1mn
CALGARY, ALBERTA (By Touchstone, 4.Jun.2026, Words: 475) — Touchstone Exploration Inc. announced a retail offer via the Winterflood Retail Access Platform (“WRAP”) to raise up to US$1mn (approximately ÂŁ0.74mn / C$1.4mn) (the “WRAP Retail Offer”) through the issue of new common shares of no par value in the capital of […]
Touchstone updates on Carapal Ridge 3, Cascadura and WD-8 blk
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.May.2026, Words: 300) — Touchstone Exploration Inc. updated on its ongoing activities in Trinidad and Tobago spanning from the Carapal Ridge 3 (CR-3) to the Cascadura infrastructure, and oil block drilling (WD-8). In specific, the Calgary, Alberta-based company said it successfully delivered […]
Touchstone says CR-3 well successfully tied into Central block natural gas facility
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 30.Mar.2026, Words: 285) — Touchstone Exploration Inc. said the Carapal Ridge 3 (CR-3) well was successfully tied into the Central block natural gas facility and brought onstream on 28 Mar. 2026. The well is currently flowing natural gas and condensate as […]
Touchstone reports on pre-tax PV10 value of 2P reserves in Trinidad
CALGARY, ALBERTA (By Touchstone, 25.Feb.2026, Words: 490) — Touchstone Exploration Inc. announced details related to its 2025 year-end reserves as prepared by GLJ Ltd. with an effective date of 31 Dec. 2025. Highlights of our total proved developed producing (PDP), total proved (1P), and total proved plus probable (2P) reserves from […]
EAI brief: Touchstone updates MEEI execs about ongoing operations in Trinidad
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Dec.2025, Words: 145) — Officials with Trinidad and Tobago’s Ministry Energy and Energy Industries (MEEI) met with executives from Touchstone Exploration (Trinidad) Limited. At the meeting held on 8 Dec. 2025 at the MEEI International Waterfront Complex in Port-of-Spain, Touchstone updated ministry executives […]
EAI brief: Touchstone reports on departure of James Shipka
HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 10.Nov.2025, Words: 76) — Touchstone Exploration Inc. said executive vice president, asset development and HSE James Shipka has departed the company effective 7 Nov. 2025. Shipka’s responsibilities will be permanently reassigned among existing members of the executive leadership team, Touchstone announced on 10 Nov. […]
Touchstone announces private placement and retail offer
CALGARY, ALBERTA (By Touchstone, 24 Oct. 2025, Words: 537) — Touchstone Exploration Inc. has conditionally raised ÂŁ6.32mn ($8.44mn) by way of a private placement of 57,454,545 new common shares in the company with no par value to certain new and existing investors at a price of 11 pence (C$0.206) per common share. […]
Cascadura-4ST2 well reached TD of 5,896ft in the Ortoire blockÂ
CALGARY, ALBERTA (By Touchstone, 29.Sep.2025, Words: 558) — Touchstone Exploration Inc. provided an operational update on its Ortoire block activities, including drilling results from the Cascadura-4 development well (“Cas-4ST2X”). Cas-4ST2X Well Results Operations at Cascadura-4ST2 resumed on 16 Aug. 2025, utilizing Star Valley Drilling Rig #205, and the well reached […]
Touchstone reports on Central Block and 11 LNG liftings in Trinidad and Tobago
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 14.Jul.2025, Words: 522) — As previously announced, on 16 May 2025, Touchstone Exploration Inc., through its wholly owned Trinidadian subsidiary, completed the acquisition of 100% of the share capital of Shell Trinidad Central Block Limited. The acquired entity, renamed Touchstone Trinidad […]
Touchstone to case Cascadura-5 (Cas-5) development well on Ortoire in Trinidad
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Jul.2025, Words: 396) — Touchstone Exploration Inc., which spud the Cascadura-5 (Cas-5) development well on 4 Jun. 2025, has cased the well for future production following open-hole logging operations. Cas-5 was drilled using the Star Valley Drilling Rig #205 and to […]
EAI Brief: Touchstone yet to receive proceeds from Portillion and Oak Securities private placementÂ
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 30.Jun.2025, Words: 199) — Touchstone Exploration Inc. provided an update regarding its previously announced private placement arranged by Portillion Capital Asset Management Limited and Oak Securities. ÂŁ10,324,500 of the ÂŁ15,375,000 in gross proceeds from the placement have not been received, this […]
Touchstone says ÂŁ10.325mn in gross proceeds remains outstanding after private placement
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Jun.2025, Words: 241) — Touchstone Exploration Inc., further to its 8 May 2025 announcement regarding a ÂŁ15.375mn private placement arranged by Portillion Capital and OAK Securities, said ÂŁ10.325mn of the gross proceeds remains outstanding. Portillion Capital and OAK Securities are finalizing documentation […]
Gas-short Trinidad and Tobago eyes re-emergence as regional energy hub
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 13.Jun.2025, Words: 370) — Natural gas-short Trinidad and Tobago looks to re-emerge as a regional energy hub. This, according to comments from a co-head of the twin-island country’s Ministry of Energy and Energy Industries (MEEI). While Trinidad and Tobago is a […]
Touchstone Exploration reveals amended loan deal to support pending acquisition
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 303) — Touchstone Exploration Trinidad Ltd. (TETL) entered into a share purchase agreement (SPA) to acquire 100% of the share capital of a Trinidad-based company from a third party. At closing, TETL will pay $23mn in cash, in addition to […]
Touchstone Exploration raises $20.5mn in private placement, engages Republic Bank
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 8.May.2025) — Touchstone Exploration Inc. successfully raised ÂŁ15.375mn ($20.5mn) by way of a private placement of 75,000,000 new common shares of no par value in the company with certain institutional and other investors in the United Kingdom. Touchstone also signed a binding […]
Touchstone and parties extend STCBL acquisition long-stop date to 12 May 2025
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 29.Apr.2025, Words: 300) — The long-stop date related to Touchstone Exploration Trinidad Ltd.‘s (TETL) $23mn deal to acquire all the share capital of Shell Trinidad Central Block Limited (STCBL) from BG Overseas Holding Limited has been extended to 12 May 2025. Per […]
Touchstone appoints McKinnon to BODs, says it reduce size of BODs to 6
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.Apr.2025) — Touchstone Exploration Inc. — a Calgary-based company focused on exploration, development, and production of crude oil and natural gas resources onshore Trinidad and Tobago — announced that John D. Wright has retired as a member and chair of the board […]
Touchstone’s YE:24 1P reserves fall 14% compared to YE:23 [PDF download]
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.Mar.2025) — Touchstone Exploration Inc. said its gross 1P reserves reached 29,070 thousand barrels of oil equivalent (Mboe) in 2024, down 14% compared to 2023, while its gross 2P reserves reached 50,063 Mboe in 2024, down 26% compared to 2023. Touchstone said […]
Touchstone to pay $23mn to Shell Trinidad for Central block assets
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 13.Dec.2024) — Touchstone Exploration Inc.‘s wholly owned subsidiary, Touchstone Exploration (Trinidad) Ltd. (TETL), entered into an agreement with BG Overseas Holdings Limited to acquire all the share capital of Shell Trinidad Central Block Limited (STCBL). Per the terms of the acquisition agreement, TETL […]
Touchstone Reports 3Q:24 Results (PDF Download)
(Touchstone, 13.Nov.2024) — Touchstone Exploration Inc. reported financial and operating results for the three and nine months ended 30 Sep. 2024 and updated 2024 guidance. Third Quarter 2024 Financial and Operating Highlights • Achieved average quarterly production of 5,211 boe/d (75% natural gas), a 54% increase relative to 3,391 boe/d […]
Touchstone reports on Cascadura test well results
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 11.Nov.2024, Words: 893) — Touchstone Exploration Inc. announces the completion of Cascadura-2ST1 and Cascadura-3ST1 well testing. Highlights
Touchstone Executes Rio Claro Block License
(Energy Analytics Institute, 5.Nov.2024) — Touchstone Exploration Inc.‘s wholly owned Trinidadian subsidiary Primera Oil and Gas Limited (POGL) executed on 4 Nov. 2024 an Exploration and Production (Public Petroleum Rights) license for the Rio Claro block. The Rio Claro License has been formally entered into by POGL, the Government of […]
Touchstone Initiates Output at Cascadura C Well Pad in Trinidad
(Energy Analytics Institute, 4.Nov.2024) — Touchstone Exploration Inc. initiated production at the Cascadura C well pad onshore Trinidad and Tobago. 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, Touchstone announced 4 […]
Touchstone on Lapsing of Acquisition
(Energy Analytics Institute, 19.Sep.2024) — The Touchstone board of directors revealed that Trinity‘s announcement on 18 Sep. 2024 its board is seeking the permission of the Court to formally withdraw the scheme at a Court hearing which has been scheduled for 25 Sep. 2024. Notwithstanding withdrawal of the Scheme, the […]
Touchstone on All Share Offer for Trinity
(Touchstone, 25.Jul.2024) — Touchstone Exploration Inc. notes the announcement made yesterday by Trinity Exploration and Production Plc. regarding a possible cash offer for Trinity (the “Possible Offer”), and the decision by the board of directors of Trinity (the “Trinity Board”) to reschedule the Court Hearing to 23 Aug. 2024. Capitalised terms […]
Touchstone on Acquisition of Trinity Exploration and Production Plc
(Touchstone, 1.May.2024) — Touchstone Exploration Inc. (TSX, LSE: TXP) has reached an agreement with Trinity Exploration and Production Plc on the terms of an all-share acquisition by which Touchstone will acquire all of the issued and to be issued ordinary share capital of Trinity. Trinity is a crude oil exploration, […]
Touchstone Closes Expanded Bank Facilities
(Touchstone, 22.Apr.2024) — Touchstone Exploration Inc.‘s wholly owned Trinidadian subsidiary Touchstone Exploration (Trinidad) Ltd. has entered into the third amended and restated loan agreement with our Trinidad based lender. The amended loan agreement provides for an additional $10mn five-year non-revolving term loan facility and an increase to our existing revolving […]
Touchstone 2023 Operating Results
(Touchstone, 21.Mar.2024) — Touchstone Exploration Inc. (TSX, LSE: TXP) reports its operating and condensed financial results for the three months and year ended 31 Dec. 2023. Selected financial information is outlined below and should be read in conjunction with our 31 Dec. 2023 audited consolidated financial statements and related Management’s discussion […]
Touchstone Updates on Cascadura Field in 3Q:23 Results
(Touchstone, 14.Nov.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) provided an operational update and reports its operating and financial results for the three and nine months ended 30 Sep. 2023. Paul Baay, President and Chief Executive Officer, commented: “The positive impact that initial output from our Cascadura field has had […]
Touchstone Commences Cascadura Production
(Touchstone, 7.Sep.2023) — Touchstone Exploration Inc (TSX, LSE: TXP) announces that the Cascadura natural gas and liquids facility has safely delivered first production. Touchstone has an 80% operating working interest in the Cascadura field, which is located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Heritage […]
Touchstone Updates on Ortoire Operations
(Touchstone, 24.Aug.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) 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 […]
Touchstone Reports Higher 1Q:23 Production Compared to 1Q:22 [PDF Download]
(Touchstone, 12.May.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) produced qtrly avg volumes of 2,139 boe/d in the 1Q:23, up 53% relative to the 1,396 boe/d produced in the 1Q:22, but down 4% compared to the 4Q:22, the co. announced 12 May 2023 in an official stmt. ____________________
EAI’s NRGBriefs: Mar. 2023
(Energy Analytics Institute, 31.Mar.2023) — Energy briefs as well as others related to finance and politics during March 2023 including Staatsolie Hydrocarbon Institute (SHI), a wholly owned subsidiary of Staatsolie Maatschappij Suriname N.V., and launch of a competitive bid round of six new blocks in the currently sparsely explored Demerara […]
Touchstone Starts Operations at Royston-1X Sidetrack in Trinidad
(Touchstone, 6.Feb.2023) — Touchstone Exploration Inc. (TSX, LSE: TXP) 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 […]
Touchstone Announces First Natural Gas Production from Coho
(Touchstone, 11.Oct.2022) — Touchstone Exploration Inc. (TSX, LSE: TXP) announced that the Coho facility has safely delivered first natural gas, representing the first onshore natural gas project to come onstream in Trinidad and Tobago in over twenty years. The Coho area is located in the Ortoire block, where Touchstone has […]
Touchstone Announces Approval of Cascadura Certificate
(Touchstone, 17.Aug.2022) — Touchstone Exploration Inc. (TSX, LSE:TXP) announced on 16 August 2022 that it received a Certificate of Environmental Clearance (“CEC”) to conduct development operations within the Cascadura area of the Ortoire block from the Trinidad and Tobago Environmental Management Authority. Touchstone has an 80 percent operating working interest […]
Touchstone Completes Cascadura EIA in Trinidad
(Touchstone, 8.Aug.2022) — Touchstone Exploration Inc. (TSX, LSE: TXP) announces that the Trinidad and Tobago Environmental Management Authority (“EMA”) confirmed no further information is required regarding the Cascadura Environmental Impact Assessment (“EIA”). The Cascadura EIA supports the Company’s application for a Certificate of Environmental Clearance (“CEC”) to conduct development operations […]
Touchstone Announces BODs Changes
(Touchstone, 11.Jul.2022) — Touchstone Exploration Inc. (TSX, LSE: TXP) announced the appointments of Dr. Priya Marajh and Jenny Alfandary to our Board of Directors with immediate effect. Dr. Marajh will serve on the Board’s Health, Safety, Social and Environmental (“HSSE”) Committee and Compensation and Governance Committee and Ms. Alfandary will […]
Touchstone on Cascadura EIA Review Process Update
(Touchstone, 6.Jul.2022) — Touchstone Exploration Inc. (TSX, LSE: TXP) provides a further update on the status of the Cascadura Environmental Impact Assessment (“EIA”) in support of an application for a Certificate of Environmental Clearance, which must be approved by the Trinidad and Tobago Environmental Management Authority (“EMA”) to conduct development operations […]
Touchstone on Trinidad Operations, Environmental Incident
(Touchstone Exploration, 27.Jun.2022) — Touchstone Exploration Inc. (TSX, LSE: TXP) provides an update on the operational progress across the Ortoire block, onshore Trinidad. Touchstone has an 80 percent operating working interest in Ortoire block, with Heritage Petroleum Company Limited holding the remaining 20 percent working interest. Coho • The pipeline […]
NRGBriefs: SEOGS 2022; Cascadura Separators Ready for Shipment
(Energy Analytics Institute, 2.Jun.2022) — Energy briefs including the upcoming Suriname Energy, Oil & Gas Summit and Exhibition; and Touchstone Exploration preparing to receive the separators for the Cascadura facility that will be shipped from Alberta, Canada to Trinidad and Tobago. LATIN AMERICA AND THE CARIBBEAN Colombia — Celsia intensifies […]
NRGBriefs: Pampa EnergĂa Annual Report; Coho Trenching Starts
(Energy Analytics Institute, 16.May.2022) — Energy briefs including Argentine oil producer Pampa EnergĂa S.A. revealing its annual report for year-end 2021; and Touchstone Exploration saying that trenching has commenced at its Coho project. LATIN AMERICA AND THE CARIBBEAN Argentina — Argentine oil producer Pampa EnergĂa S.A. revealed its annual rpt […]
NRGBriefs: Touchstone’s Strongest Quarter; JinkoSolar Files Form 20-F
(Energy Analytics Institute, 13.May.2022) — Energy briefs including Touchstone Exploration Inc‘s (AIM:TXP, TSX:TXP, OTC:PBEGF) President and CEO Paul Baay joining Katie Pilbeam to talk about one of the company’s strongest quarters to date; and JinkoSolar Holding Co., Ltd. (NYSE: JKS) filing its annual report on Form 20-F for the fiscal year […]
Touchstone Announces Approval of Ortoire Licence Extension
(Touchstone, 11.Mar.2022) — Touchstone Exploration Inc. (TSX, LSE: TXP) announces that the government of Trinidad and Tobago (“GoTT”) has approved a five-year extension of the exploration and production licence for the Ortoire block. Touchstone has an 80 percent operating working interest in the licence, with Heritage Petroleum Company Limited holding […]
Touchstone Reveals Inaugural 2020 Sustainability Report
(Touchstone, 29.Dec.2021) — Touchstone Exploration Inc. presented its inaugural 2020 Sustainability Report, outlining our progress and initiatives on environmental, social and governance (ESG) practices. This report was approved by the company’s Board of Directors and provides all stakeholders insight into our environmental stewardship, community involvement and effective governance standards. Paul […]
Touchstone’s Credit Facility Raised To $30mn
(Touchstone, 22.Dec.2021) — Touchstone Exploration Inc. (TSX, LSE: TXP) entered into an amended and restated loan agreement with its Trinidad based lender providing for a $10mn increase in the principal balance to $30mn. Touchstone currently has $15mn of the loan principal balance drawn and anticipates withdrawing the remaining $15mn available […]
Touchstone Finds Light Oil At Royston-1
(Touchstone, 8.Nov.2021) — Touchstone Exploration Inc. (TSX, LSE: TXP) announced the results of the first of three planned production tests at our Royston-1 exploration well which has confirmed a light oil discovery in the lowermost section of the well. The section tested was initially designed to establish the base of […]
Touchstone Reports Royston-1 Drilling Results
(Touchstone, 24.Sep.2021) — Touchstone Exploration Inc. (TSX, LSE: TXP) completed drilling the Royston-1 exploration well and is pleased to announce that the well encountered substantial hydrocarbon accumulations based on drilling and wireline log data. Touchstone has an 80 percent operating working interest in the well, which is located on the […]
Touchstone Announces Ten-year Lease Operatorship Deals
(Touchstone, 22.Jun.2021) — Touchstone Exploration Inc. executed a ten-year Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited for its CO-1, CO-2, WD-4 and WD-8 Blocks effective 1 January 2021. The LOAs governing our core legacy oil producing properties expire 31 December 2030 and were renewed under substantially similar terms […]