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Touchstone Exploration Inc - Calgary, Canada-based upstream oil and gas company - Reports quarterly crude oil sales of 1,402 barrels per day for the three months to June 30, an 8% increase from the first quarter of 2021 and a slight uplift from the 1,396 barrels a day produced in the same period of 2020. Realised crude oil prices averaged USD59.06 per barrel, representing a 13% increase from the first quarter of 2021 and doubled from the second quarter of 2020. The company reports reduced net loss of USD284,000 in the second quarter compared to a net loss of USD2.7 million in the 2020 equivalent quarter.
Current stock price: 84.00 pence
Year-to-date change: down 33%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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