Touchstone Exploration Inc. (TXP:CA) Discusses VAT Recovery Status and Debt Covenant Strategy for 2025-2026 Transcript

Core Insights - The company aims to reverse the significant decline in share price and deliver returns to shareholders [2] - A strong foundation has been built over the last 18 months, focusing on efficient drilling and cost reduction [3] - The acquisition of central block assets is seen as a game changer, providing access to high-value international LNG pricing [3] Strategic Priorities - Immediate priority is to deleverage while growing production and cash flow [2] - The execution of a disciplined work program in 2026 is crucial for generating funds to support deleveraging and growth [4] - The company is at an inflection point, emphasizing the importance of maximizing returns from the capital expenditure budget [4]