Touchstone Exploration (OTCMKTS:PBEGF) is a Canadian-based oil and natural gas exploration and production company focused on the development of hydrocarbon assets in Trinidad and Tobago. The company holds interests in multiple production licences and blocks within the prolific Columbus Basin area, producing a blend of light crude oil, natural gas and natural gas liquids. Its core operations include the drilling, completion and optimization of wells, along with midstream gas processing and condensate stabilization facilities to deliver market-ready products to domestic and export markets.
Since commencing commercial production, Touchstone has steadily expanded its asset base through strategic drilling campaigns and targeted acquisitions. The company’s primary producing properties include the Ashton, Jethro, Peake and Juniper fields, where it applies modern reservoir management techniques and enhanced recovery methods to maximize reserve recovery. In addition to field operations, Touchstone invests in infrastructure, such as gas sweetening and compression facilities, to ensure reliable delivery of gas to local power generation and liquefied natural gas plants, thereby supporting Trinidad and Tobago’s energy sector growth.
Established in the early 2000s, Touchstone has evolved from a junior explorer into a significant independent energy producer within the Caribbean region. The company’s management team leverages decades of regional expertise, partnering with the Trinidad and Tobago government under production sharing contracts and licence agreements to responsibly develop resources. Touchstone’s operating base in Port of Spain provides direct access to local service providers and regulatory bodies, facilitating efficient project execution and adherence to environmental and safety standards.
Leadership at Touchstone is headed by President and Chief Executive Officer Douglas K. Dunn, who brings extensive upstream experience and a track record of delivering growth through exploration success and cost-effective operations. The company’s board and executive team comprise industry veterans in geology, engineering and finance, all committed to disciplined capital allocation and continuous improvement. With a strategic focus on sustainable production and exploration upside, Touchstone Exploration aims to build long-term value for its stakeholders and support the energy needs of the Caribbean region.
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