Touchstone reports on first production test at Royston-1
6th Dec 2021 14:50
(Sharecast News) - Touchstone Exploration updated the market on results from the first production test at its Royston-1 exploration well on Monday, and provided data from the second test, both of which confirmed separate light oil discoveries.
Read moreCanaccord Genuity raises target price on Touchstone Exploration
19th Nov 2021 15:26
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on mining outfit Touchstone Exploration from 180.0p to 200.0p on Friday following the firm's "surprise, but upbeat" announcement of an oil test in its Royston-1 well.
Read moreTouchstone Exploration pleased with first test at Royston-1
8th Nov 2021 10:37
(Sharecast News) - Touchstone Exploration announced the results of the first of three planned production tests at its Royston-1 exploration well on Monday, which confirmed a light oil discovery in the lowermost section.
Read moreTouchstone Exploration positive on completion of Royston-1
24th Sep 2021 12:31
(Sharecast News) - Touchstone Exploration has completed drilling the Royston-1 exploration well, it said on Friday, announcing that it encountered "substantial" hydrocarbon accumulations based on drilling and wireline log data.
Read moreTouchstone pleased with production despite Covid challenges
13th Aug 2021 11:05
(Sharecast News) - Touchstone Exploration reported second-quarter crude oil sales of 1,402 barrels per day in an update on Friday, making for an 8% increase relative to the prior quarter, and consistent with the 1,396 barrels produced per day in the same period of 2020.
Read moreTouchstone Exploration upbeat on Ortoire test data
25th May 2021 15:15
(Sharecast News) - Touchstone Exploration updated the market on its operations on Tuesday, including the recovery of pressure gauges from the Cascadura Deep-1 well on its Ortoire onshore exploration block in Trinidad, where it is the operator with an 80% working interest, alongside Heritage Petroleum Company, which has a 20% working interest.
Read moreTuesday broker round-up
6th Apr 2021 13:27
(Sharecast News) - Touchstone Exploration: Canaccord downgrades to speculative buy with a target price of 140p.
Read moreCanaccord Genuity lowers Touchstone Exploration to 'speculative buy' following Chinook well test
6th Apr 2021 10:13
(Sharecast News) - Analysts at Canaccord Genuity lowered their rating on petroleum and natural gas investor Touchstone Exploration from 'buy' to 'speculative buy' on Tuesday, stating its Chinook well test had raised the group's risk profile.
Read moreTouchstone subsidiary strikes sales deal with Trinidad National Gas Company
18th Dec 2020 15:40
(Sharecast News) - Touchstone Exploration announced on Friday that its indirect wholly-owned subsidiary Primera Oil and Gas has executed a long-term natural gas sales agreement with the National Gas Company of Trinidad and Tobago (NGC) for all future natural gas production from the Ortoire block.
Read moreTouchstone narrows losses, prioritises Ortoire project
13th Nov 2020 11:06
(Sharecast News) - Petroleum and natural gas investor Touchstone Exploration said on Friday that third-quarter losses had narrowed as the group began to prioritise investment on its Ortoire project in Trinidad and Tobago after seeing it top expectations.
Read moreTouchstone raises £23.1m for Ortoire exploration
3rd Nov 2020 08:57
(Sharecast News) - Touchstone Exploration has placed 24,291,866 new shares with investors in the UK and Canada at 95p each, it announced on Tuesday, raising gross proceeds of £23.1m, to continue exploration activities at Ortoire.
Read moreTouchstone upbeat after completing Chinook-1 well
14th Oct 2020 11:32
(Sharecast News) - Touchstone Exploration has completed drilling the Chinook-1 exploration well on the Ortoire exploration block, onshore Trinidad and Tobago, it announced on Wednesday, where it has an 80% working interest as the operator, with Heritage Petroleum Company holding a 20% working interest.
Read moreTuesday broker round-up
21st Jul 2020 12:58
(Sharecast News) - Premier Oil: Peel Hunt upgrades to buy with a target price of 50.0p.
Read moreMonday broker round-up
29th Jun 2020 13:45
(Sharecast News) - Balfour Beatty: Jefferies downgrades to hold with a target price of 260.0p.
Read moreTouchstone Exploration draws $15m loan to satisfy former facility
16th Jun 2020 11:49
(Sharecast News) - Touchstone Exploration announced on Tuesday the conditions precedent of its previously-announced $20m (£15.83m), seven-year term loan agreement with Republic Bank have been satisfied.
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