11th Aug 2022 19:10
Touchstone Exploration Inc - Calgary, Canada-based upstream oil and gas company - Achieves quarterly average crude oil production volumes of 1,420 barrels per day, up 2% on a quarter before and up 1% year-on-year. Achieves petroleum sales of USD12.6 million from average crude oil price of USD97.48 per barrel compared to sales of USD7.6 million from average price of USD59.06 per barrel a year before. Reports net loss of USD262,000 in the quarter, narrowing from USD284,000 a year before. Books USD540,000 provision from oil spill which occurred as a result of vandalism in June 2022.
Current stock price: 87.50 pence
12-month change: up 0.6%
By Lucy Heming; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Touchstone Exploration