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Touchstone Exploration ( (TSE:TXP) ) just unveiled an announcement.
Touchstone Exploration Inc. has successfully completed the acquisition of Shell Trinidad Central Block Limited for approximately $28.4 million. This acquisition enhances Touchstone’s production base, expands its onshore presence in Trinidad, and provides access to the liquefied natural gas market, marking a significant milestone in its strategic growth and operational capacity.
More about Touchstone Exploration
Touchstone Exploration Inc. is a Calgary, Alberta-based company involved in acquiring interests in petroleum and natural gas rights, as well as the exploration, development, production, and sale of petroleum and natural gas. The company is active in onshore properties in Trinidad and Tobago and its shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol ‘TXP’.
Find detailed analytics on TXP stock on TipRanks’ Stock Analysis page.