When is Touchstone targeting execution of its completion program for the uphole Karamat sands?

Touchstone Exploration is an upstream oil and gas company focused on exploration, development and production of hydrocarbon resources in Trinidad and Tobago. The company targets cash flow from producing onshore and near-shore blocks through well interventions and development drilling.

Sector: Oil & Gas
Market: AIM

Insight

How much did Touchstone’s net debt fall to on a sequential basis?

Touchstone reported net debt falling 10% to $68.71 million on a sequential basis, helped by $3.55 million in bank debt repayments and $10.20 million in integrated financing.

Updated 14 Sept 2026

Insight

When is the Atlantic LNG Train 4 maintenance scheduled to take place in 2026?

Atlantic LNG Train 4 maintenance is scheduled for 26 May to 19 July 2026.

Updated 14 Sept 2026

Insight

What waiver did Touchstone secure regarding its 2026 debt service coverage test?

Touchstone secured a waiver removing the 2026 debt service coverage test from its lender.

Updated 14 Sept 2026

Insight

Where is Touchstone’s drilling rig located ahead of the WD-4 two-well development campaign?

Touchstone said its drilling rig is on location at the WD-4 block ahead of a two-well development campaign, with the first well expected to spud in mid-September.

Updated 14 Sept 2026

Insight

What did Touchstone report about the CR-3 intervention after a coiled-tubing cleanout and acid stimulation?

Touchstone reported that the coiled-tubing cleanout and acid stimulation produced a response but did not resolve reservoir damage from drilling at CR-3.

Updated 14 Sept 2026

Identifiers

Ticker: TXP
Market: AIM
ISIN: CA89156L1085

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Timeline

Touchstone Exploration

Touchstone Exploration begins WD-4 drilling campaign

Touchstone Exploration swings to profit as netback jumps 77%

Touchstone Exploration launches retail share offer as part of $10-15m equity raise

Touchstone launches US$10m–15m equity fundraise to fund new drilling

Touchstone Exploration brings two WD-8 wells online

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