Presentation

Touchstone Exploration Inc. is a Toronto-listed (ticker "TXP") international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with experienced management and executive team that have track records of delivering value to shareholders.

The Company’s strategy is to leverage the Board’s extensive oil recovery experience and capability to develop international onshore properties that create shareholder value.

Touchstone holds an 80% working interest in the Ortoire Block. The Company's gross 2P reserves increased 194% from 2019 to 2020, and is currently at approx. 65 mmboe. In the first 9 months of 2020, the Company produced an average of 1,431 bbls/d. It has a USD 20m term credit facility, of which USD 7.5m has been drawn.

In Trinidad, the Company holds interests in approximately 90,000 gross acres of exploration and development rights. Touchstone holds over 8,700 working interest acres of onshore producing properties that have known crude oil reserves as well as over 55,000 exploration and undeveloped working interest acres that are being evaluated.