BRIEF-Touchstone says it will continue to apply "prudent approach" to capital expenditure
March 24 (Reuters) - Touchstone Exploration Inc
* Announces year end 2015 financial results
* Says will not proceed with capital expenditures that have no immediate economic value at current price levels
* Will continue to apply a "prudent approach" to capital expenditures Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
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