Detail akcie Touchstone Explor online

Business Summary: Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates upstream petroleum and natural gas activities in Trinidad under state exploration and production licenses with the Government of the Republic of Trinidad and Tobago's Ministry of Energy and Energy Industries (MEEI) and Lease Operatorship Agreements (LOAs) and an Enhanced Production Service Contract (EPSC) with the state-owned Heritage. Additionally, the Company holds private subsurface and surface leases with individual landowners. Its land position in Trinidad encompasses several exploration blocks, including Ortoire, Cipero, Charuma, and Rio Claro. Its portfolio encompasses approximately 1,49,247 net acres in onshore Trinidad.
Financial Summary: BRIEF: For the six months ended 30 June 2025, Touchstone Exploration Inc revenues decreased 29% to $16.7M. Net loss totaled $669K vs. income of $7M. Revenues reflect Crude Oil - Production - Total decrease of 1% to 105K barrels, Oil Equivalent Production (Units/day) - decrease of 30% to 4K barrels per day, Petroleum and natural gas sales decrease of 28% to $22.1M, Other revenue decrease of 33% to $35K. Net loss reflects Average Production Costs per unit.