Touchstone Exploration Inc · TSX:TXP
Touchstone Exploration — Investor Presentation (September 2025)
28 slides from Touchstone Exploration's investor presentation, September 2025
Slide 1: Corporate Presentation September 2025
SEPTEMBER 2025 TSX : TXP | AIM : TXP CORPORATE PRESENTATION September 2025 Our Growth Journey: Evolving to a fully-funded, full-cycle exploration and production company
Slide 2: Touchstone at a Glance
Touchstone at a Glance Capital Structure Common shares outstanding (MM) 261.1 TSX share price (C$)(1) 0.26 Market capitalization (MM C$)(1)(2) 67.89 Eight Months Ended August 31, 2025 Production Results Average daily production (boe/d)(3)(4) 4,579 Crude oil (bbls/d)(3) 1,136 NGLs (bbls/d)(3) 123 Nat
Slide 3: The Trinidad opportunity – driving onshore success in Trinidad
The Trinidad opportunity – driving onshore success in Trinidad Well-established Advanced infrastructure Oil and gas industry operating since Over 2,000 km. of pipelines 1908 Supportive government Significant hydrocarbons Sector plays an important role in the Situated in the Venezuela basin, one coun
Slide 4: Trinidad and Tobago – Activity Map
Trinidad and Tobago – Activity Map Corporate Presentation | September 2025 | 4
Slide 5: Second Quarter 2025 Highlights
Second Quarter 2025 Highlights Q2 2025 Q2 2024 Average daily production Average daily production (boe/d)(3)(4) 4,399 5,432 Natural gas (Mcf/d)(3) 18,282 25,063 Crude oil and liquids (bbls/d)(3) 1,352 1,259 Production mix (% of production) Crude oil and liquids(3) 31 23 Natural gas(3) 69 77 Average r
Slide 6: Annual 2025 Guidance
Annual 2025 Guidance On December 9, 2024, the Company released its preliminary 2025 operational and financial guidance. Following the closing of the Central block acquisition in May 2025, Touchstone updated its 2025 guidance on August 14, 2025 as summarized in the following table. Updated Original A
Slide 7: Production Overview
PRODUCTION OVERVIEW Tracking progress and production Corporate Presentation | September 2025 | 7
Slide 8: Corporate Net Production
Corporate Net Production Touchstone Corporate Production 12,000 June 2025 5,088 boe/d 11,000 July 2025 5,300 boe/d August 2025 5,152 boe/d 10,000 9,000 8,000 7,000 Net boe/d 6,000 5,000 4,000 3,000 2,000 1,000 - 01-01-2023 04-01-2023 07-01-2023 10-01-2023 01-01-2024 04-01-2024 07-01-2024 10-01-2024
Slide 9: Oil Blocks Net Production
Oil Blocks Net Production Oil Blocks Net Production 2,000 1,500 Net bbls/d 1,000 500 - 01-01-2023 04-01-2023 07-01-2023 10-01-2023 01-01-2024 04-01-2024 07-01-2024 10-01-2024 01-01-2025 04-01-2025 07-01-2025 Oil Blocks Corporate Presentation | September 2025 | 9
Slide 10: Coho Net Production
Coho Net Production Coho Net Production 1,500 1,000 Net boe/d 500 - 01-01-2023 04-01-2023 07-01-2023 10-01-2023 01-01-2024 04-01-2024 07-01-2024 10-01-2024 01-01-2025 04-01-2025 07-01-2025 COHO-1 Corporate Presentation | September 2025 | 10
Slide 11: Cascadura Net Production
Cascadura Net Production Cascadura Net Production 10,000 9,000 8,000 7,000 6,000 Net boe/d 5,000 4,000 3,000 2,000 1,000 - 09-01-2023 12-01-2023 03-01-2024 06-01-2024 09-01-2024 12-01-2024 03-01-2025 06-01-2025 Cascadura Corporate Presentation | September 2025 | 11
Slide 12: Central Block Net Production
Central Block Net Production Central Block Net Production 3,000 2,500 2,000 Net boe/d 1,500 1,000 500 - 05-01-2025 06-01-2025 07-01-2025 Central Block Corporate Presentation | September 2025 | 12
Slide 13: CAS-A Facility Booster Compression Project
CAS-A Facility Booster Compression Project To combat high NGC sales pipeline pressures and increase field production rates, a 3750 hp booster compressor is being sourced for the CAS-A natural gas facility A new compressor unit has been procured in Texas and is undergoing retrofit and recylinder
Slide 14: Asset Overview
ASSET OVERVIEW Corporate Presentation | September 2025 | 14
Slide 15: Facilities: We have the capacity
Facilities: We have the capacity Balata East Oil battery Sales point for Cascadura liquids Three Operated Natural Gas Plants 6” sales pipeline (~18 km.) 600 bbls processing; 2,500 bbls sales 100% Operated Cascadura 140 MMcf/d natural gas capacity Cascadura A Natural Gas Facility Commissioned Septe
Slide 16: Distribution and Marketing: We have the market
Distribution and Marketing: We have the market Marketing Agreements Point Lisas • Petrochemical facilities • Potash Corp - Ammonia Ortoire • Methanex – Methanol Gas: Domestic Market • Arcelor Mittal – Steel Oil: HPCL Rio Claro, Cipero, Charuma Gas: Uncontracted Pointe-A-Pierre – HPCL Oil: Uncont
Slide 17: Drilling: Exploration acreage
Drilling: Exploration acreage CIPERO CHARUMA RIO CLARO CHARUMA RIO CLARO CIPERO Exploration prospects in the Nariva sands target depths from 2,000 to 5,000 feet and in Step-out prospects in the Herrera sands updip of discoveries at Cascadura and Royston Cretaceous sands at ~7,000 feet Exploration pr
Slide 18: Drilling: Cretaceous exploration
Drilling: Cretaceous exploration Touchstone has identified multiple Cretaceous anomalies on our exploration blocks which have the potential to unlock a new onshore play type with ties to offshore discoveries near Guyana Corporate Presentation | September 2025 | 18
Slide 19: Social and Governance
Social and Governance The Touchstone Foundation Our vision is to enhance the quality of life in the communities in which we operate by nurturing pathways for individual and collective progress so that members of the community can be empowered to reach their full potential Social Governance 2 33% los
Slide 20: Corporate Information and Contacts
Corporate Information and Contacts Contacts Stock Exchange Listing TSX: TXP Paul R. Baay AIM: TXP President and Chief Executive Officer Office Locations pbaay@touchstoneexploration.com Year-end (403) 750-4488 Head Office December 31 Suite 4100, 350 7th Ave SW Banker Scott Budau Calgary, AB T2P 3N9 R
Slide 21: Abbreviations
Abbreviations bbl(s) barrel(s) PDP proved developed producing reserves bbls/d barrels per day 1P proved reserves Mbbls thousand barrels 2P proved plus probable reserves MMbbls million barrels 3P proved plus probable plus possible reserves Mcf thousand cubic feet AIM AIM market of the London Stock Ex
Slide 22: End Notes
End Notes 1) Touchstone's September 26, 2025 closing common share price on the TSX. 2) Calculated as the product of the Company’s September 26, 2025 closing common share price on TSX and 261,097,246 common shares outstanding. 3) References to "crude oil" refer to "light and medium crude oil" and "he
Slide 23: End Notes
End Notes 9. Forward-looking statement and financial outlook information based on Management current estimates. Refer to "Advisories - Forward-looking Statements and FOFI". 10. As disclosed in the Company’s August 14, 2024 news release. 11. Based on the midpoint of the average production forecast: u
Slide 24: Advisories
Advisories This presentation is for information purposes only and is not under any circumstances to be construed as a prospectus or an advertisement for a public offering of such securities. No securities commission or similar authority in Canada or elsewhere including the TSX has in any way passed
Slide 25: Advisories
Advisories Forward-looking Statements and FOFI (continued) • expected levels of royalty expense, operating expense, G&A expense, net finance expense, current income tax expense and other costs associated with the Company's business; • treatment under current and future governmental regulatory regime
Slide 26: Advisories
Advisories Forward-looking Statements and FOFI (continued) This presentation contains future-oriented financial information and financial outlook information (collectively, "FOFI") about Touchstone's prospective results of operations and production included in its updated 2025 guidance, all of which
Slide 27: Advisories
Advisories Oil and Gas Reserves All reserves references herein are Company gross reserves. Gross reserves are the Company's working interest share before deduction of royalties. Net reserves are the Company's working interest share after the deduction of royalty obligations. The December 31, 2024 re
Slide 28: Advisories
Advisories Drilling Locations This presentation discloses drilling locations. Drilling locations are classified into three categories: (i) proved locations; (ii) probable locations; and (iii) unbooked locations. Proved locations and probable locations are derived from the Company's reserves evaluati
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