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Touchstone Exploration ' comfortably ahead of production expectations'

Published: 14:53 15 May 2018 BST

Paul Baay, chief executive of Touchstone Exploration Inc (LON:TXP, CVE:TXP), spoke to Proactive Investors to discuss this week's financial and production updates.

Results for Touchstone's first quarter reveal some US$7.42mln of revenue, up around 50% from the same period in 2017.

The company’s production, up 21% to 1,543 bopd, saw a realised net back of US$33.53 per barrel which was a 42% improvement from the 2017 comparative.

Touchstone Exploration says drilling results at Cascadura-2 well represent a...

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) CEO Paul Baay shared an optimistic update about the company's recent activities, particularly highlighting the positive results from the drilling at the Cascadura-2 well and broader operational advancements. The well, initially aimed to...

on 8/2/24