Touchstone steps further into the fold in Trinidad and Tobago

Touchstone Exploration Inc

In Trinidad and Tobago, Touchstone Exploration appears to be leaning in with renewed intent, not just operationally but politically.

The company’s leadership recently held in-depth discussions with Trinidad and Tobago’s Ministry of Energy and Energy Industries, reflecting an alignment of priorities that goes beyond compliance. With its flagship Ortoire Block now producing and its acreage position expanded through the acquisition of the Central Block earlier this year, Touchstone is carving out a more substantial role in the country’s evolving onshore strategy.

Touchstone has resumed development drilling in the Central Block, where the Carapal Ridge-3 well marks the first such activity in nearly two decades. Acquired from Shell earlier in 2025, the Central Block was not just a land grab but a calculated move for existing production, near-term drilling potential and longer-term prospectivity. Initial output from the block is already contributing around 21 million cubic feet per day, with the company signalling that volumes could more than double depending on the success of the current campaign.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Touchstone Exploration raises US$10.9 million with major shareholder backing

Touchstone Exploration has raised approximately US$10.9 million, with most of the backing coming from its largest shareholder, Purebond Limited.

Touchstone sharpens Trinidad growth plan with new oil production

Touchstone Exploration has added new WD-8 oil production while advancing Cascadura compression work and planning further optimisation at CR-3.

Touchstone Exploration completes integrated fundraise and sets AGM date

Touchstone Exploration has closed its previously announced integrated fundraise and confirmed details for its 2026 Annual and Special Meeting.

Touchstone Exploration raises US$10.9 million in fundraise

Touchstone Exploration has completed its WRAP Retail Offer and wider fundraise, raising aggregate gross proceeds of US$10.9 million before expenses. The financing includes equity and unsecured non-convertible debt securities subscribed for by Purebond Limited.

Touchstone Exploration raises initial US$10.9 million in fundraise

Touchstone Exploration has raised initial gross proceeds of US$10.9 million, with its largest shareholder Purebond subscribing for approximately US$10.3 million. The WRAP Offer remains open, with First Admission expected around June 10, 2026.

Touchstone advances Trinidad output strategy as new wells support cash flow

Touchstone Exploration has brought two Trinidad oil wells into production while advancing gas infrastructure work aimed at improving cash flow, pricing and operational reliability.

Search