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Touchstone Exploration Inc.

10:27 AM EST - Touchstone Exploration Inc. : Announced an operational update. The company delivered an average of 1,900 barrels per day ("bbls/d") of field estimated crude oil production through the first 13 days of January 2019.; achieved average fourth-quarter 2018 crude oil sales of 1,851 bbls/d, a 28% increase relative to the 1,448 bbls/d produced in the prior year comparative quarter. Touchstone also realized average 2018 annual crude oil sales of 1,718 bbls/d, representing an increase of 25% from 2017 annual sales; drilled three wells in the fourth quarter of 2018, bringing the aggregate number of development wells drilled in 2018 to 11, which made Touchstone the most active onshore upstream company in Trinidad. Finally, the company performed seven and 28 well recompletions during the three months and year ended December 31, 2018, respectively. Touchstone Exploration Inc. shares T.TXP are trading up $0.005 at $0.23.