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Touchstone Exploration now has the 'certainty' to accelerate its Ortoire plans after £9mln raise

Touchstone Exploration Inc's (LON:TXP) (TSE:TXP) Paul Baay speaks to Proactive London's Andrew Scott after announcing they've raised US$11.6mln (£9mln) through a share placing.

The new funds have been earmarked for the acceleration of its  exploration activities in the Ortoire block.

Quick facts: Touchstone Exploration Inc

Price: 31.9737 GBX

AIM:TXP
Market: AIM
Market Cap: £58.58 m
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Full interview: Touchstone Exploration reveals full-year results; focuses on...

Touchstone Exploration Inc (LON:TXP) CEO Paul Baay revealed to Proactive the AIM-quoted oil firm's full-year results for 2019. Baay says the company’s focus is on delivering the Coho and Cascadura discovery wells, which will significantly boost production volumes, and drill Chinook which...

1 week, 6 days ago

2 min read