Touchstone reduces its losses

Due to increases in the price of its crude, Canadian oil and gas company Touchstone Exploration recorded a reduced net loss of US$284,000 compared to US$2.7 million for the same period of 2020.

Touchstone is based in Calgary, but most of its operations are focused in the Ortoire exploration block in South Trinidad, where the company made two discoveries of natural gas last year.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

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