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Touchstone Exploration Inc. reaches agreement to acquire Trinity Exploration and Production Plc

PRIVATEMay 01, 2024

Acquiring Company

Touchstone Exploration

Acquired Company

Trinity Exploration and Production Plc

CalgaryEnergyOil And GasEnergyOil And Gas

Description

Touchstone Exploration Inc. has reached an agreement with Trinity Exploration and Production Plc to acquire all of the issued and to be issued ordinary share capital of Trinity in an all-share acquisition. The acquisition is expected to create a Trinidadian operator of scale with significant exploration and development assets, enabling both companies to invest in multiple development programs concurrently and capitalize on cost synergies.

Quick answer

Touchstone Exploration is acquiring Trinity Exploration and Production Plc, announced May 1, 2024. Touchstone Exploration is based in Calgary, Alberta, Canada.

How much did Touchstone Exploration pay for Trinity Exploration and Production Plc?
The deal value was not disclosed.
What does Touchstone Exploration do?
Touchstone Exploration Inc. is a Canadian-based company engaged in crude oil and natural gas exploration, development, and production.
Where are Touchstone Exploration and Trinity Exploration and Production Plc based?
Touchstone Exploration is based in Calgary, Alberta, Canada.
Who are the decision-makers at Touchstone Exploration?
Fundz holds 1 contact at Touchstone Exploration. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Touchstone Exploration

Location

Calgary, Alberta, Canada

About

Touchstone Exploration Inc. is a Canadian-based company engaged in crude oil and natural gas exploration, development, and production. The company has announced the acquisition of Trinity Exploration and Production Plc, which will further strengthen its position in the Trinidad oil and gas sector.

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Frequently asked

Who acquired Trinity Exploration and Production Plc?

Trinity Exploration and Production Plc was acquired by Touchstone Exploration, based in Calgary. The deal was reported on May 1, 2024. Touchstone Exploration Inc. is a Canadian-based company engaged in crude oil and natural gas exploration, development, and production. Touchstone Exploration is privately held and operates in Energy.

When did Touchstone Exploration acquire Trinity Exploration and Production Plc?

Touchstone Exploration's acquisition of Trinity Exploration and Production Plc was reported on May 1, 2024. Touchstone Exploration Inc. has reached an agreement with Trinity Exploration and Production Plc to acquire all of the issued and to be issued ordinary share capital of Trinity in an all-share acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Trinity Exploration and Production Plc do?

Trinity Exploration and Production is a crude oil exploration, development, and production company with onshore and offshore assets located solely in Trinidad. It is dedicated to investing in both onshore and offshore activities in the oil and gas sector. It is privately held, operating in Energy.

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