Touchstone Exploration continues to solidify its position as a leading player in Trinidad’s energy sector. With its recent acquisition of the Rio Claro block through its subsidiary Primera Oil and Gas, the company is poised to unlock new opportunities in oil and gas exploration while demonstrating its commitment to expanding sustainable energy production in the region.
Touchstone secured the exploration and production license for the Rio Claro block last month, a strategic move that aligns with the company’s growth objectives. This addition strengthens Touchstone’s portfolio and enhances its operational footprint in Trinidad, a region recognised for its rich hydrocarbon resources and favorable regulatory environment.
Earlier this year, the company captured significant attention with its ambitious acquisition of this key asset. This development underlines Touchstone’s commitment to responsible exploration and production while creating value for shareholders. By leveraging its technical expertise and strong regional presence, the company aims to maximise the block’s potential, positioning itself as a cornerstone of energy development in Trinidad.
Touchstone Exploration specialises in unlocking energy potential in Trinidad, focusing on innovative and efficient exploration and production techniques that drive value and sustainability.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.
