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Oil & Gas

Touchstone Exploration's management ups stakes in firm

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF), the oil and gas company, confirmed Paul R. Baay, the group’s chief executive officer and president, chief finance officer Scott Budau and chief operating officer James Shipka have all upped their stakes in the company as part of a share purchase plan.

Baay purchased 5,995 shares at US$1.04 each, totalling over US$6,200, while both Budau and Shipka received 3,837 shares at the same price, totalling around US$3,990.