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Last $0.16 USD
Change Today -0.0064 / -3.85%
Volume 5.6K
PBEGF On Other Exchanges
As of 1:11 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

touchstone exploration inc (PBEGF) Snapshot

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Day High
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52 Week High
07/30/14 - $0.86
52 Week Low
07/30/15 - $0.16
Market Cap
Average Volume 10 Days
Shares Outstanding
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touchstone exploration inc (PBEGF) Details

Touchstone Exploration Inc. explores for, develops, produces, and sells petroleum and natural gas. It holds interest in the onshore oil and gas properties located in the Republic of Trinidad and Tobago, and western Canada. The company was formerly known as Petrobank Energy and Resources Ltd. and changed its name to Touchstone Exploration Inc. in May 2014. Touchstone Exploration Inc. is based in Calgary, Canada.

137 Employees
Last Reported Date: 03/31/15

touchstone exploration inc (PBEGF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$156.3K
Chief Financial Officer
Total Annual Compensation: C$131.3K
Chief Operating Officer
Total Annual Compensation: C$131.3K
Chairman, Chairman of Petrobakken Energy and ...
Total Annual Compensation: C$40.6K
Vice President of Operations
Total Annual Compensation: C$210.0K
Compensation as of Fiscal Year 2014.

touchstone exploration inc (PBEGF) Key Developments

Touchstone Exploration Inc. Disposes its Interest in the Dawson Area of Alberta for Cash Consideration of $2.15 Million

Touchstone Exploration Inc. has disposed of its interest in the Dawson area of Alberta for cash consideration of $2.15 million. The property was a non-producing legacy asset that was originally acquired for a potential THAI project. Following this transaction the company has no land holdings in Alberta. Following this transaction the company has no land holdings in Alberta.

Touchstone Exploration Confirms Credit Facility Borrowing Base

Touchstone Exploration Inc. announced that its borrowing base on its Trinidad based credit facility has been maintained at USD 15 million. This amount will continue until the next borrowing base redetermination in October 2015.

Touchstone Exploration Inc. Reports Unaudited Consolidated Earnings Results and Operating Results for the First Quarter Ended March 31, 2015

Touchstone Exploration Inc. reported unaudited consolidated earnings results and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of CAD 30.65 million. Funds flow from operations was CAD 0.425 million or CAD 0.01 per basic and diluted share compared to negative funds flow from operations of CAD 2.114 million or CAD 0.04 per basic and diluted share a year ago. Net loss was CAD 1.128 million or CAD 0.01 per basic and diluted share compared to CAD 3.967 million or CAD 0.08 per basic and diluted share a year ago. Capital expenditures were CAD 1.359 million compared to CAD 5.830 million a year ago. Net debt as at March 31, 2015 was CAD 5.695 million. For the quarter, the company achieved average oil sales of 2,036 barrels per day, 1,742 bbls/d produced in Trinidad and 294 bbls/d produced in Canada. Quarterly production represented an increase of 422% over the comparative 2014 quarter and a decrease of 11% from the prior quarter.


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