Touchstone Exploration

Calgary, Canada Founded: 2010 • Age: 16 yrs
Oil and gas exploration and production services are provided.
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About Touchstone Exploration

Touchstone Exploration is a company based in Calgary (Canada) founded in 2010. It operates as a Direct-to-Consumer (D2C). The company has 104 employees as of December 31, 2024. Touchstone Exploration has completed 3 acquisitions, including Primera Energy, Primera Energy Resources and Trinity Exploration. Touchstone Exploration offers products and services including Oil Production and Natural Gas Production.

  • Headquarter Calgary, Canada
  • Employees 104 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Touchstone Exploration Inc
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
    $41.57 M (USD)
    23.13
    as on Dec 31, 2024
  • Net Profit
    $7.87 M (USD)
    0
    as on Dec 31, 2024
  • EBITDA
    $19.96 M (USD)
    36.48
    as on Dec 31, 2024
  • Latest Funding Round
    $8.4 M (USD), Post-IPO

    Oct 24, 2025

  • Investors
  • Employee Count
    104

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Touchstone Exploration

Touchstone Exploration is a publicly listed company on the TSX with ticker symbol TXP in Canada, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: TXP . Sector: Energy minerals · Canada

Products & Services of Touchstone Exploration

Touchstone Exploration offers a comprehensive portfolio of products and services, including Oil Production and Natural Gas Production. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Oil resources are explored, developed, and produced onshore.

Natural gas resources are extracted from developed acreage.

People of Touchstone Exploration
Headcount 50-200
Employee Profiles 13
Board Members and Advisors 7
Employee Profiles
People
Paul R. Baay
President & CEO
People
Xavier Moonan
Exploration Manager
People
Scott Budau
CFO
People
Gareth Williams
Junior Geologist (g.i.t)

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Board Members and Advisors
people
Kenneth R. McKinnon
Director
people
John D. Wright
Chairman
people
Peter Nicol
Director
people
Harrie Vredenburg
Director

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Funding Insights of Touchstone Exploration

  • Total Funding
  • Total Rounds 11
  • Last Round Post-IPO — $8.4M
  • First Round

    (12 Jul 2011)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Post-IPO - Touchstone Exploration Valuation

investors

Aug, 2025 Amount Post-IPO - Touchstone Exploration Valuation

investors

May, 2025 Amount Post-IPO - Touchstone Exploration Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Touchstone Exploration

Touchstone Exploration has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Crown Capital Partners and North Energy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Distributed power and broadband network solutions are developed.
Founded Year Domain Location
Exploration and Production in the Norwegian Continental Shelf and Barents sea
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Touchstone Exploration

Touchstone Exploration has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Primera Energy, Primera Energy Resources and Trinity Exploration. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Oil and gas are explored and produced in Texas shales.
2005
Trinity Exploration is engaged in oil exploration and production.
1996
Limited information available
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Touchstone Exploration

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Touchstone Exploration Comparisons

Employees
+
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Competitors of Touchstone Exploration

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Touchstone Exploration

Frequently Asked Questions about Touchstone Exploration

When was Touchstone Exploration founded?

Touchstone Exploration was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Touchstone Exploration located?

Touchstone Exploration is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

Who is the current CEO of Touchstone Exploration?

Paul Baay is the current CEO of Touchstone Exploration.

How many employees does Touchstone Exploration have?

As of Dec 31, 2024, the latest employee count at Touchstone Exploration is 104.

What is the annual revenue of Touchstone Exploration?

Annual revenue of Touchstone Exploration is $41.57M as on Dec 31, 2024.

What does Touchstone Exploration do?

Touchstone Exploration is involved in the exploration, development, and production of oil and gas resources onshore in Trinidad. The company operates a diversified portfolio of assets across southern Trinidad, focusing on both crude oil and natural gas from developed and exploration acreage. Expertise in regional geological and reservoir characteristics is leveraged to drive development and production growth. Commitment to community and economic growth in Trinidad is maintained alongside efforts to increase shareholder value within the energy sector.

What products or services does Touchstone Exploration offer?

Touchstone Exploration offers Oil Production and Natural Gas Production.

Is Touchstone Exploration publicly traded?

Yes, Touchstone Exploration is publicly traded on TSX under the ticker symbol TXP.

How many acquisitions has Touchstone Exploration made?

Touchstone Exploration has made 3 acquisitions, including Primera Energy, Primera Energy Resources, and Trinity Exploration.

Who are Touchstone Exploration's investors?

Touchstone Exploration has 2 investors. Key investors include Crown Capital Partners, and North Energy.

What is Touchstone Exploration's ticker symbol?

The ticker symbol of Touchstone Exploration is TXP on TSX.

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