TOUCHSTONE EXPLORATION INC - Retail Investor Presentation

Touchstone’s H1 2026 investor update highlights improving financial performance, stronger cash flow and significant growth potential from its Trinidad and Tobago oil and gas portfolio. Petroleum and natural gas sales reached almost $30 million, generating approximately $9 million in funds flow from operations, with around $7 million delivered in Q2. The quarter benefited from higher natural gas prices, increased exposure to LNG markets and reduced operating costs, driving operating netbacks up almost 77% to just under $25 and moving the business from a loss into positive earnings. Production remained broadly stable at approximately 4,500–5,000 BOE per day, while the newly installed Cascadura booster compressor is expected to support improved uptime and production growth. Touchstone also advanced its capital programme, bringing a Central Block well online, drilling two WDA8 oil wells, completing the Cascadura compression project and delivering a successful Baraka East recompletion. The company has approximately 75,000 BOE per day of existing processing capacity, a substantial development inventory and 137,000 net exploration acres, allowing future production to be added without major new infrastructure investment. A key element of the growth strategy is the transition to higher-priced LNG contracts from May 2027, alongside the renegotiation of the domestic gas contract in October 2027. Management is also focused on deleveraging, cost efficiency and improving liquidity, supported by a $10.2 million equity raise and the conversion of debentures into equity. With strategic market access, premium pricing upside and an expanding drilling inventory, Touchstone remains focused on production growth, cash generation and long-term shareholder value.