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Touchstone Exploration to let 'the numbers do the talking' in 2018

Paul Baay, chief executive of Touchstone Exploration Inc (LON:TXP, CVE:TXP), spoke to Proactive's Andrew Scott following the release of their 2017 year-end results.

In the year, the company produced an average of 1,375 barrels of crude oil per day which marked a 6% increase from the preceding year.

Petroleum revenues increased 33% for the year, at US$32.02mln from the US$24.03mln reported for 2016.

Quick facts: Touchstone Exploration Inc

Price: 37.9 GBX

AIM:TXP
Market: AIM
Market Cap: £60.91 m
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Touchstone declare 'solid quarter production' in Q3 results.

Trinidad-focused Touchstone Exploration  (LON:TXP, TSE:TXP) tell Proactive London investors that Q3 results are impressive with strong cashflow and good production in the field backing it up. Crude oil production averaged 1,758 barrels per day in the third quarter as the group's...

on 15/11/18

2 min read