TXP Touchstone Exploration

EQS-News: Touchstone Exploration to restart drilling after raising $13mln

EQS-News: Touchstone Exploration Inc
Touchstone Exploration to restart drilling after raising $13mln

12.12.2022 / 13:12 CET/CEST
The issuer is solely responsible for the content of this announcement.


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Proactive

Proactive UK Ltd

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News Source: News Direct


12.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Touchstone Exploration Inc
United States
ISIN: CA89156L1085
EQS News ID: 1510691

 
End of News EQS News Service

1510691  12.12.2022 CET/CEST

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12/12/2022

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Reports on Touchstone Exploration

Stephane Foucaud
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AUCTUS ON FRIDAY - 09.01.2026

AUCTUS PUBLICATIONS ________________________________________ Condor Energies (CDR CN)C; Target price of C$5.60 per share: Accelerating drilling following C$13.65 mm financing – Following the closing of the C$13.65 mm convertible financing, Condor plans to accelerate its Uzbekistan drilling programme by deploying a second rig, enabling the drilling of 12 new wells in 2026. This programme has the potential to lift gross production to 18–20 mboe/d by YE26 and materially increase reserves. The C$13....

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AUCTUS ON FRIDAY - 14/11/2025

AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; Target price of A$0.20 per share: A$3.5 mm funding boost ahead of busy activity programme – ADX has raised A$3.5 mm through a new equity placement at A$0.026 per share. Investors in the placement will also receive one option for every two new shares subscribed, exercisable at A$0.039 per share. The capital raise strengthens ADX’s balance sheet ahead of its 2026 work programme and effectively removes the funding ov...

Stephane Foucaud
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AUCTUS ON FRIDAY - 24/10/2025

AUCTUS PUBLICATIONS ________________________________________ Condor Energies (CDR CN)C; Target price of C$5.80 per share: Well results derisk the deeper clastic play. The horizontal leg could add 13-20 mmcf/d – Condor’s inaugural well in Uzbekistan has intersected 28.5 meters of net gas pay within the productive carbonate reservoir; which in line with expectations. The company now plans to drill a 1,000-meter horizontal section through this interval, with results anticipated in November. IP rate...

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