Company Overview

Touchstone Exploration Inc. is a Canada-based upstream oil and natural gas company focused primarily on exploration, development, and production activities in the Republic of Trinidad and Tobago. The company operates in the energy sector, specifically within the conventional onshore hydrocarbon exploration and production industry. Its principal revenue drivers are crude oil sales and natural gas production from its operated acreage positions in Trinidad, with increasing emphasis on natural gas development associated with the Ortoire exploration block.

The company’s core assets include producing oil fields and exploration acreage in Trinidad’s eastern and southern regions. Touchstone’s strategic positioning is tied to its focus on low-cost onshore operations, infrastructure-linked natural gas discoveries, and long-life reserves within an established hydrocarbon-producing jurisdiction. Originally incorporated in Canada, the company evolved through acquisitions and redevelopment of mature Trinidadian assets, later expanding its exploration profile through discoveries at the Ortoire block, including the Coho and Cascadura fields, which significantly shifted the company toward natural gas-led growth.

Business Operations

Touchstone Exploration generates revenue through the production and sale of crude oil and natural gas, primarily from its Trinidad-based operations. Its principal operating segments include legacy oil-producing fields and the high-impact Ortoire Block, which contains several exploration and development discoveries. The company operates producing fields such as Coora, WD-4, and Fyzabad, while also developing natural gas infrastructure connected to the Cascadura and Coho projects. Natural gas sales are typically made into Trinidad’s domestic energy and industrial markets through long-term contractual arrangements.

The company maintains operational control over much of its acreage and production infrastructure through subsidiaries including Touchstone Exploration (Trinidad) Ltd. and associated local operating entities. Operations are concentrated domestically within Trinidad and Tobago, although the company is publicly listed in Canada and accesses international capital markets through the Toronto Stock Exchange and AIM market in London. Touchstone has also worked with regional service providers, state-linked energy entities, and midstream infrastructure operators to support gas commercialization and field development activities.

Strategic Position & Investments

Touchstone Exploration’s strategic direction has increasingly emphasized natural gas development and reserve growth, particularly through investment in the Cascadura and Coho gas projects within the Ortoire exploration block. The company has invested substantially in drilling programs, gas processing facilities, and pipeline infrastructure intended to increase production volumes and secure long-term cash flow stability. Public disclosures and operational updates indicate that the company views natural gas as its primary long-term growth driver due to domestic energy demand and existing export-linked energy infrastructure in Trinidad.

The company has also pursued exploration-led growth through seismic programs and appraisal drilling aimed at unlocking additional hydrocarbon potential across the Ortoire acreage. While Touchstone remains comparatively small relative to global upstream producers, its strategic advantage is linked to operating in an established hydrocarbon jurisdiction with existing infrastructure, relatively low operating costs, and access to domestic gas markets. Data regarding future large-scale international expansion initiatives remains inconclusive based on available public sources.

Geographic Footprint

Touchstone Exploration’s operations are concentrated almost entirely in Trinidad and Tobago, where it holds producing and exploration acreage across several onshore regions. The company is headquartered in Calgary, Alberta, Canada, while operational management and field activities are conducted through local Trinidadian subsidiaries and field offices. Its most strategically important producing and development assets are located in eastern and southern Trinidad.

Although operationally focused on the Caribbean, Touchstone maintains a broader capital markets presence through listings on the Toronto Stock Exchange (TSX) and London’s AIM market, providing exposure to North American and European investors. The company’s production is primarily tied to Trinidad’s domestic energy ecosystem, which supports petrochemical, industrial, and LNG-linked infrastructure. No material operational footprint outside Trinidad and Tobago has been verified through recent public filings.

Leadership & Governance

Touchstone Exploration is governed by a board of directors and executive management team with backgrounds in upstream energy operations, finance, and international exploration and production. The company’s leadership strategy has emphasized disciplined capital allocation, reserve replacement, operational efficiency, and transitioning the business toward higher-margin natural gas production. Public filings and investor communications consistently highlight a focus on sustainable production growth and infrastructure-led development.

Key executives include:

• Paul R. Baay – President and Chief Executive Officer
• Mark A. Plamondon – Chief Financial Officer
• James F. Shipka – Chief Operating Officer
• Scott Budau – Vice President, Engineering and Business Development
• Beverley McLean – Vice President, Land and Environment

Governance practices are outlined in company regulatory filings, including annual information forms and management information circulars filed on Canadian securities platforms. Operational and financial disclosures have been consistently supported through SEC-equivalent Canadian securities filings, investor presentations, and audited annual reports.