Source - SMW
Touchstone Exploration said it increased fourth-quarter output by 16% on-year, while receiving a higher oil price.

Average production for the fourth quarter of 2017 was 1,448 barrels per day, with an average realized oil price of US$54.83 per barrel.

"We are excited to announce the start of our 2018 drilling program following the recent successful fundraise in December, a program that gives Touchstone significant momentum in the market as we enter an ambitious growth period for the company in 2018," chief operating officer James Shipka said.

At 9:18am: (LON:TXP) Touchstone Exploration Inc Com Shs Npv Di share price was -0.35p at 13p