Edison Investment Research: Touchstone Exploration - Quarterlies provide the roadmap 

Reporting its first quarterly update after an all-share merger earlier in the year, a combined Touchstone has delivered a financially restructured, operationally diversified and technically stronger oil exploration company. We are expecting a busy second half, which we forecast will include over 17 new wells in Trinidad. In addition, the potential turnaround of current negative netback heavy oil operations in Canada is becoming a very real possibility into the 2015 financial year.

Touchstone Exploration’s primary business entails the drilling and recompletion of existing onshore wells in Trinidad, making use of advanced technology. The recent addition of Petrobank has added Canadian heavy oil assets to the mix.

Follow the link to view the full report: http://www.edisoninvestmentresearch.com/research/report/touchstone-exploration4

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Touchstone Exploration (TSX:TXP)
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