Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) boss Paul Baay told Proactive that positive earnings of US$6mln was among the big takeaways from the Trinidad focussed oil firm’s recent financial results statement.
Ending 2021 with US$18mln of cash the company started the year with sufficient funds for its work programmes that will start up and ramp up production volumes.
Speaking with Proactive, Baay also talks through plans for the Ortoire block in 2022.