Touchstone raises £6.3m in private placing, plans retail offer

24th Oct 2025 11:48

(Sharecast News) - Touchstone Exploration said on Friday that it has conditionally raised £6.32m through a private placing of new shares, and planned to raise up to a further £0.68m via a retail offer to existing shareholders, with proceeds earmarked to fund its revised 2025 capital programme and meet obligations under its loan agreement with Republic Bank.

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Touchstone deliviers first update on Trinidad's Central Block

14th Jul 2025 12:39

(Sharecast News) - Touchstone Exploration delivered its first operational update on the Central Block asset in Trinidad and Tobago since acquiring the licence in mid-May on Monday, reporting quarter-on-quarter production growth and steady revenue generation underpinned by LNG-linked pricing.

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Canaccord Genuity cuts target price on Touchstone Exploration

9th Dec 2024 10:37

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on oil and gas business Touchstone Exploration from 60.0p to 90.0p on Monday but said there was "still plenty of upside" to the stock despite recent changes in production guidance.

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Touchstone considering its bid for Trinity as competing offer emerges

5th Aug 2024 11:53

(Sharecast News) - Touchstone Exploration updated the market on its all-share offer for Trinity Exploration & Production on Monday, after the announcement of a recommended offer by Lease Operators for Trinity.

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Touchstone acquisition of Trinity clears a regulatory hurdle

21st Jun 2024 13:03

(Sharecast News) - Trinity Exploration and Touchstone Exploration updated the market on Friday, on the regulatory conditions for the recommended all-share acquisition of Trinity by Touchstone.

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Touchstone to snap up rival Trinity in £24m deal

1st May 2024 10:20

(Sharecast News) - Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.

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Director dealings: Touchstone Exploration CEO makes share sale

26th Oct 2023 15:04

(Sharecast News) - Touchstone Exploration revealed on Thursday that chief executive Paul Baay had offloaded 131,000 shares in the AIM-listed exploration and development firm.

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Director dealings: Everyman non-exec linked to buy, Touchstone chair sells shares

3rd Oct 2023 11:11

(Sharecast News) - Two transactions were disclosed to the market on Tuesday involving directors at Everyman Media Group and Touchstone Exploration, traded on the London Stock Exchange and the Toronto Stock Exchange, respectively.

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Touchstone completes five-phase testing at Royston well

24th Aug 2023 15:53

(Sharecast News) - Touchstone Exploration announced the completion of its five-phase production testing at the Royston-1X well on Thursday.

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Touchstone production rises but fall in sales hits Q2 financials

11th Aug 2023 08:47

(Sharecast News) - Touchstone Exploration reported a significant rise in production in its second quarter on Friday, with average volumes reaching 1,827 barrels of oil equivalent per day, although its financials took a hit thanks to a decline in crude sales.

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Touchstone subsidiary wins Cipero licence in Trinidad bid round

13th Jun 2023 14:17

(Sharecast News) - Touchstone Exploration announced on Tuesday that its subsidiary Primera Oil and Gas (POGL) has been awarded the Cipero onshore block in the Trinidad and Tobago 2022 onshore and nearshore competitive bid round.

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Director dealings: Croda secretary invests, Touchstone non-exec offloads option shares

12th Jun 2023 12:39

(Sharecast News) - Croda International was on the list of director buys on Monday, after the company secretary picked up almost £50k worth of shares,

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Touchstone losses widen despite rise in production

12th May 2023 11:15

(Sharecast News) - Touchstone Exploration reported a 53% rise in average production volumes in the first quarter on Friday, to 2,139 barrels of oil equivalent per day, compared to 1,396 equivalent barrels per day in the same period last year.

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Touchstone swings to loss despite rise in production

24th Mar 2023 16:05

(Sharecast News) - Touchstone Exploration reported an 18% increase in average daily production volumes in its full-year results on Friday, driven by incremental natural gas production from the Coho-1 well, although it did swing to a loss for the year.

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Canaccord Genuity nudges up target price on Touchstone Exploration

8th Aug 2022 10:23

(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on exploration and production firm Touchstone Exploration from 190.0p to 200.0p on Monday after the group secured environmental approvals for its Cascadura development.

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