TXP.TO - Touchstone Exploration Inc.

Toronto - Toronto Delayed Price. Currency in CAD
0.8900
-0.0300 (-3.26%)
At close: 3:59PM EDT
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Previous Close0.9200
Open0.9300
Bid0.8800 x 0
Ask0.9100 x 0
Day's Range0.8700 - 0.9300
52 Week Range0.1800 - 0.9800
Volume178,013
Avg. Volume389,459
Market Cap163.305M
Beta (5Y Monthly)1.66
PE Ratio (TTM)N/A
EPS (TTM)-0.0900
Earnings DateAug. 12, 2020 - Aug. 17, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateAug. 06, 1999
1y Target Est1.20
  • Baystreet

    Stocks in play: Touchstone Exploration Inc.

    Announced that on June 15, the conditions precedent were satisfied in respect of its previously announced ...

  • Touchstone Announces Closing of Trinidad Based US$20 Million Term Loan
    CNW Group

    Touchstone Announces Closing of Trinidad Based US$20 Million Term Loan

    CALGARY, AB , June 16, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TXP.TO) (TXP.L) announces that on June 15, 2020 the conditions precedent were satisfied in respect of its previously announced US$20 million , seven-year term loan agreement (the "Term Loan") with Republic Bank Limited. Touchstone withdrew US$15 million to satisfy obligations relating to prepaying the Company's former C$20 million credit facility. Pursuant to the Term Loan, Touchstone has the option to withdraw the remaining US$5 million available balance prior to June 15, 2021 .

  • Cascadura-1ST1 Pressure Analysis - Independent Verification of Test Results
    CNW Group

    Cascadura-1ST1 Pressure Analysis - Independent Verification of Test Results

    CALGARY, AB, June 15, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) is pleased to announce final production test results from the Cascadura-1ST1 well on the Ortoire exploration block. The final test results for both the lower test (6,056 to 6,218 feet) and the upper test (5,570 to 5,915 feet) have been reviewed by the Company's independent reserves evaluator, GLJ Ltd. ("GLJ"), and the following information is intended to complement initial production test results previously released by on February 6, 2020 and March 11, 2020. Flow and buildup test results suggest an Absolute Open Flow ("AOF") natural gas rate of 390 million cubic feet per day ("MMcf/d") at the sandface.

  • Touchstone Announces Approval of Resolutions at Annual General Meeting of Shareholders
    CNW Group

    Touchstone Announces Approval of Resolutions at Annual General Meeting of Shareholders

    CALGARY, AB , June 3, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone" or the "Company") announces that its shareholders approved all resolutions at its Annual Meeting of Shareholders ...

  • Touchstone Enters into Escrow Arrangements for US$20 Million Term Loan
    CNW Group

    Touchstone Enters into Escrow Arrangements for US$20 Million Term Loan

    CALGARY , May 27, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us"or the "Company") (TSX, LSE: TXP) announces that its indirect wholly-owned subsidiary, Touchstone Exploration ( Trinidad ) Ltd., has entered into escrow arrangements for a US$20 million , seven-year term loan agreement (the "Term Loan") with Republic Bank Limited, as initial lender, arranger and administrative agent. The Term Loan was arranged exclusively by the Corporate and Investment Banking Division of Republic Bank.

  • Touchstone Announces First Quarter 2020 Results and Operational Update
    CNW Group

    Touchstone Announces First Quarter 2020 Results and Operational Update

    CALGARY , May 14, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) reports its operating and financial results for the three months ended March 31, 2020 . Selected information is outlined below and should be read in conjunction with Touchstone's March 31, 2020 unaudited interim consolidated financial statements and related Management's Discussion and Analysis, both of which will be available under the Company's profile on SEDAR (www.sedar.com) and the Company's website (www.touchstoneexploration.com). Aside from delaying timing of our capital projects, the Company has had no material operational impacts from the pandemic at present.

  • Touchstone Announces Year-End 2019 Results
    CNW Group

    Touchstone Announces Year-End 2019 Results

    CALGARY , March 26, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) reports its operating and ...

  • Cascadura Well Tests Deliver Combined Average of Over 10,600 boe/d
    CNW Group

    Cascadura Well Tests Deliver Combined Average of Over 10,600 boe/d

    CALGARY , March 11, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) provides an exploration update, highlighted by an update on production testing of the Cascadura-1ST1 liquids rich gas discovery on the Ortoire exploration block, onshore Trinidad and Tobago (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest). Production testing of the Cascadura-1ST1 well was performed in two stages. Pressure recorders from the first stage of testing have been recovered, and the recorders for the second stage are expected to be recovered in the next month.

  • Touchstone Announces 2019 Year-End Reserves
    CNW Group

    Touchstone Announces 2019 Year-End Reserves

    Touchstone Announces 2019 Year-End Reserves

  • Touchstone Announces Closing of Private Placement
    CNW Group

    Touchstone Announces Closing of Private Placement

    CALGARY , Feb. 26, 2020 /CNW/ - Touchstone Exploration Inc. (the "Company") (TSX / LSE: TXP) announces the closing of its previously announced private placement on the same terms as were provided ...

  • Touchstone Closes US$11.6 Million (£9.0 Million) Private Placement
    CNW Group

    Touchstone Closes US$11.6 Million (£9.0 Million) Private Placement

    THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES , AUSTRALIA , JAPAN , SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY NEW COMMON SHARES OF TOUCHSTONE EXPLORATION INC. IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

  • CNW Group

    IIROC Trade Resumption - TXP

    IIROC Trade Resumption - TXP

  • Proposed Private Placement Raising a Minimum US$9.1 Million to Accelerate Ortoire Exploration Program
    CNW Group

    Proposed Private Placement Raising a Minimum US$9.1 Million to Accelerate Ortoire Exploration Program

    THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES , AUSTRALIA ...

  • CNW Group

    IIROC Trading Halt - TXP

    TORONTO , Feb. 19, 2020 /CNW/ - The following issues have been halted by IIROC: Company: Touchstone Exploration Inc. TSX Symbol: TXP (all issues) Reason: Pending News Halt Time (ET): ‎11‎:‎2‎0‎ ‎AM IIROC ...

  • Cascadura Well Test Confirms Substantial Liquids Rich Gas Discovery
    CNW Group

    Cascadura Well Test Confirms Substantial Liquids Rich Gas Discovery

    CALGARY, Feb. 6, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) announces that flowback testing of the first stage of the Cascadura-1ST1 well has been completed, confirming that the well is a significant liquids rich natural gas discovery. Cascadura-1ST1 production testing commenced on February 4, 2020, with the first stage testing the lower most 162 feet of a total of 777 feet of identified pay in the Herrera formation. Average flowback rate during the final 14-hour test period was 5,180 barrels of oil equivalent per day ("boe/d"), including 27.1 million cubic feet per day ("MMcf/d") of natural gas and 660 barrels per day ("bbls/d") of natural gas liquids.

  • Touchstone Announces Update on Cascadura-1ST1 Well Testing
    CNW Group

    Touchstone Announces Update on Cascadura-1ST1 Well Testing

    CALGARY, Jan. 20, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX / LSE: TXP) provides an exploration update, highlighted by the first stage of production testing of the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. The Cascadura-1ST1 production test was designed to evaluate a potential oil zone as indicated by cased hole logs. On commencement of testing, significant pressures and natural gas volumes were encountered on the clean-up flow.

  • Touchstone Coho-1 Final Analysis Estimates AOF Rate of 46.0 MMCFD
    CNW Group

    Touchstone Coho-1 Final Analysis Estimates AOF Rate of 46.0 MMCFD

    CALGARY , Dec. 19, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TXP.TO), (TXP.L) is pleased to announce the final production test results for the Coho-1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest). The final test results have been reviewed by the Company's independent reserves and resources evaluator, GLJ Petroleum Consultants Ltd. ("GLJ"), and the following information is intended to complement initial test results previously released by the Company on November 18, 2019 . Flow and build-up test results suggest an Absolute Open Flow ("AOF") rate of 46.0 million cubic feet per day ("MMCFD") (approximately 7,671 barrels of oil equivalent per day ("boe/d")).

  • Touchstone Announces Significant Oil Discovery at Cascadura
    CNW Group

    Touchstone Announces Significant Oil Discovery at Cascadura

    CALGARY, Dec. 16, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) announces that the Company has made a significant crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago.

  • CNW Group

    View from the C-Suite: Paul Baay, President & Chief Executive Officer, Touchstone Exploration Inc., tells his company's story. Filmed on October 19, 2019

    View from the C-Suite: Paul Baay, President & Chief Executive Officer, Touchstone Exploration Inc., tells his company's story. Filmed on October 19, 2019

  • Touchstone Announces Coho-1 Gas Test of 17.5 MMCFD
    CNW Group

    Touchstone Announces Coho-1 Gas Test of 17.5 MMCFD

    CALGARY, Nov. 18, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX / LSE: TXP) provides production test results for the Coho-1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. As previously reported, the Coho-1 exploration well (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest) was spudded on August 7, 2019 and was drilled to a total depth of 8,560 feet. Wireline logs indicated approximately 64 feet of prospective natural gas pay in the Herrera Gr7b formation between 5,486 and 5,782 feet.

  • Touchstone Announces Results for the Three and Nine Months Ended September 30, 2019
    CNW Group

    Touchstone Announces Results for the Three and Nine Months Ended September 30, 2019

    CALGARY , Nov. 14, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) reports its operating and ...

  • Touchstone Announces Increase In Term Credit Facility
    CNW Group

    Touchstone Announces Increase In Term Credit Facility

    CALGARY, Nov. 1, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces a C$5 million increase of its term credit facility to an aggregate of C$20 million, which the Company will use to fund the drilling of the second exploration well on its Ortoire concession and for general working capital purposes. The terms of the October 31, 2019 amended term credit agreement (the "Amended Term Credit Facility") are materially unchanged from the term credit facility established in November 2016 and amended in June 2018 and April 2019. The Amended Term Credit Facility continues to bear a fixed interest rate of 8% per annum, compounded and payable quarterly, with no mandatory principal payments until January 1, 2021.

  • Touchstone Announces Positive Coho-1 Exploration Well Results
    CNW Group

    Touchstone Announces Positive Coho-1 Exploration Well Results

    CALGARY, Sept. 9, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces that its first exploration well has encountered four zones with prospective natural gas accumulations on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. Coho-1 well logs indicate significant prospective natural gas pay in four unique sand packages in the Herrera sands. The drilling rig will be moving to the Company's second exploration well on the Ortoire block.

  • Touchstone Announces Results for the Three and Six Months Ended June 30, 2019
    CNW Group

    Touchstone Announces Results for the Three and Six Months Ended June 30, 2019

    CALGARY , Aug. 14, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX, LSE: TXP) announces its financial ...

  • Touchstone Announces Spudding of the Coho-1 Exploration Well and Operational Update
    CNW Group

    Touchstone Announces Spudding of the Coho-1 Exploration Well and Operational Update

    CALGARY, Aug. 8, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces that drilling operations have commenced with the spudding of the first exploration well on the Ortoire block. The Company also provides an operational update. Spudded Coho-1, the Company's first exploratory well on its Ortoire property, on August 7, 2019.