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Pin to quick picksTouchstone Exploration Share News (TXP)

Share Price Information for Touchstone Exploration (TXP)

London Stock Exchange
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Share Price: 38.75
Bid: 38.50
Ask: 39.00
Change: -0.50 (-1.27%)
Spread: 0.50 (1.299%)
Open: 39.25
High: 39.50
Low: 38.70
Prev. Close: 39.25
TXP Live PriceLast checked at -

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DIRECTOR DEALINGS: Cake Box CEO invests GBP275,000 after share dive

Thu, 01st Sep 2022 16:32

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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Cake Box Holdings PLC - London-based egg-free cream cake seller - Chief Executive Officer Sukh Chamdal buys 225,000 shares at 121.85 pence, worth GBP274,163, on Wednesday. Chamdal now has 10.0 million shares, a 25% stake. Cake Box shares closed down 40% on Wednesday after warning that annual profit will be "significantly" below market forecasts, as it struggles to pass on higher costs to franchisees. The stock was up 13% late Thursday at 141.80p.

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Workspace Group PLC - London-based flexible office space provider - Chief Financial Officer Dave Benson buys 19,680 shares at 508.11p, worth GBP99,996, on Thursday.

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Nanoco Group PLC - Manchester-based developer and manufacturer of cadmium-free quantum dots for displays and electronics - Lombard Odier Asset Management (Europe) Ltd sells 245,000 shares at 42.00p, worth GBP102,900, on Tuesday. Lombard Odier had sold 5 million shares back in July. Nanoco Non-Executive Director Henry Turcan is a fund manager at Lombard Odier, which has a 23% stake.

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Touchstone Exploration Inc- Calgary, Alberta-based upstream oil and gas company active offshore Trinadad & Tobago - Non-Executive Director John Wright sells 82,434 shares at average CAD1.50, worth CAD123,598, about GBP81,325, on Monday, Tuesday and Wednesday in Toronto.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Touchstone hails successful results from Trinidad well drill

Touchstone Exploration Inc - Canadian-based oil and gas exploration company - Says the Cascadura-2 delineation well in Trinidad and Tobago was drilled to a total depth of 8,252 feet, with open hole logs and drilling data indicating a total sand thickness of approximately 900 feet in the targeted Herrera formation. Says that the Cascadura-3ST1 well has been cased, and production testing is scheduled to start in the third quarter of 2024 directly into the Cascadura natural gas facility. Chief Executive Officer Paul Baay said: "We are pleased with the successful results from the two delineation wells at Cascadura, with both wells demonstrating the quality and scale of the structure. In addition, the Cascadura-3ST1 well is the first to cross the C-fault to the east side of the structure, an area where reserves have not been previously assigned. The CO-374 development well is also noteworthy, as it has the highest net pay we have observed to date on our crude oil legacy blocks."

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IN BRIEF: Touchstone shares jump on Cascadura-2 drilling results

Touchstone Exploration Inc - Canadian-based oil and gas exploration company - Says the Cascadura-2 delineation well in Trinidad and Tobago was drilled to a total depth of 7,132 feet. The Cascadura-2 well is currently being cased, and production testing is scheduled to commence in the third quarter of 2024 directly into the Cascadura natural gas facility. "The encouraging Cascadura-2 delineation well drilling results represent a great start to 2024. Cascadura-2 has proved up the concept of highly productive sands extending significantly to the east of our initial Cascadura discovery. We estimate that the well was drilled for under USD6 million on a gross basis, which further enhances the economics of this prolific hydrocarbon fairway. With this new data point, we can design a multi-year drilling program to fully develop the structure," says Chief Executive Paul Baay.

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(Alliance News) - Touchstone Exploration Inc shares dropped on Tuesday following the release of its 2024 budget guidance.

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(Alliance News) - Touchstone Exploration Inc on Tuesday said production surged in the third quarter as sales also rose.

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