Touchstone Exploration’s Strong Third Quarter Boosts Confidence

Touchstone Exploration (TSE:TXP) has released an update.

Touchstone Exploration reported a significant boost in their third-quarter 2024 results, with a 54% increase in production to 5,211 boe/d and a 13% rise in petroleum and natural gas sales compared to the previous year. The company’s strategic focus on the Cascadura field has resulted in a 23% increase in operating netback and an 87% rise in net earnings. With new exploration licenses and development projects, Touchstone continues to strengthen its position in the energy market.

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