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Company News

BRIEF-Touchstone says Q4 2017 average production 1,448 BBLS/D

Jan 16 (Reuters) - Touchstone Exploration Inc:

* TOUCHSTONE ANNOUNCES OPERATIONAL UPDATE

* ACHIEVED NOVEMBER AND DECEMBER 2017 CRUDE OIL SALES OF 1,536 AND 1,337 BARRELS PER DAY (“BBLS/D”), RESPECTIVELY.

* TOUCHSTONE’S NOVEMBER AND DECEMBER 2017 CRUDE OIL PRODUCTION AVERAGED 1,435 BBLS/D

* - REALIZED AVERAGE PRICES OF US$56.54 PER BARREL AND US$57.18 PER BARREL FOR NOVEMBER AND DECEMBER CRUDE OIL VOLUMES

* CURRENT FIELD ESTIMATED PRODUCTION IS APPROXIMATELY 1,492 BBLS/D (BASED ON PREVIOUS SEVEN-DAY AVERAGE)

* Q4 2017 AVERAGE PRODUCTION WAS 1,448 BBLS/D, UP 16 PERCENT FROM PRIOR YEAR COMPARATIVE PERIOD Source text for Eikon: Further company coverage:

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