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Stocks in play: Touchstone Exploration Inc.

Baystreet.ca
·1 min read

Reports its operating and condensed financial results for the three months and year ended December 31, 2023. The company achieved quarterly record funds flow from operations of $10,489,000 in the fourth quarter compared to $2,432,000 in the preceding quarter, primarily driven by the $7,720,000 quarter-over-quarter increase in operating netback. $1,186,000 in quarterly capital investments primarily focused on expenditures directed to Royston-1X production testing, final Cascadura facility commissioning and pre-drill expenditures relating to the Cascadura-2 well. Touchstone Exploration Inc. shares T.TXP are trading down $0.01 at $0.85.

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