Touchstone Exploration strong cash position and increased production volumes (VIDEO)

Touchstone Exploration Inc. (LON:TXP) CEO Paul Baay joins DirectorsTalk Interviews to discuss its operating and financial results for the three months ended March 31, 2022.

Paul talks us through the highlights from the first quarter results, updates us on the Coho pipeline, approval from the EIA and the application and progress on the long-term production test at Royston-1.

Touchstone Exploration is an oil and natural gas exploration and production company active in the Republic of Trinidad and Tobago. They are currently one of the largest independent onshore oil producers in Trinidad, with assets in several large, high-quality reservoirs that have significant internally estimated total petroleum initially-in-place and an extensive inventory of oil and natural gas development and exploration opportunities.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Share on twitter
Share on linkedin

More articles like this

Touchstone Exploration report positive first quarter results

Touchstone Exploration Inc. (TSX, LON:TXP) reports its operating and financial results for the three months ended March 31, 2022. Unless otherwise stated, all financial amounts herein are rounded to thousands of United States dollars. First Quarter 2022 Financial and Operational Highlights ·      Achieved quarterly

Natural gas prices soar

As the Federal Reserve meets to discuss how to deal with rising inflation, soaring energy prices continue to create problems. Natural gas prices jumped 9% yesterday to the highest level since 2008.  Russia’s invasion of Ukraine has created havoc in the

Bigger than expected weekly rise in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 53 billion cubic feet for the week ended April 15. That compared to a forecast for a build of 33 billion cubic feet from Marshall Steeves,

Natural gas is flying high

Oil prices have faded, and are now nearly back to where they traded before Russia’s invasion of Ukraine. But natural gas continues to soar to new multiyear highs. On Monday, U.S. gas futures settled at $6.64 per million

Natural gas demand seen up 12-14%

The domestic demand for natural gas is seen rising by 12-14 per cent next fiscal, despite prices remaining high for the past several months, said ratings agency Crisil. According to it, this trend is supported by economic recovery

Natural Gas futures advance 

Global supply challenges amid Russia’s invasion of Ukraine and knock-on effects in the United States sent domestic natural gas prices higher for a third consecutive session on Wednesday. The April Nymex gas futures contract rose 4.5 cents day/day

First gas from Touchstone expected in May

There is more encouraging news in the energy sector as Paul Baay the President and Chief Executive officer of Touchstone Exploration company has revealed that the first gas from its Coho discovery to flow in early May with

Natural Gas prices surge

European natural gas prices on Wednesday reached their highest level since Russia attacked Ukraine last week, as fighting intensified and fears over supply disruptions continued to grow. The Title Transfer Facility was up across the curve, while the

Natural gas and oil prices soar

European natural gas prices spiked while oil surged above $100/bbl Thursday amid Russian military strikes across Ukraine. The aggression triggered fears of energy upheaval that could further compress already tight global supply/demand balances. U.S. natural gas prices also

Natural gas futures surge again

Natural gas futures rocketed higher again Wednesday as weather models shocked the market with another move to the colder side. With the potential for temperatures to come in well below normal in early March, the prompt-month Nymex gas

Natural gas spikes 16% ahead of winter storm

Natural gas futures soared Wednesday as energy markets brace for a powerful winter storm that threatens to derail production just as demand rises. The latest spike will keep home heating costs for millions of Americans elevated, adding to

No more posts to show