PBEGF - Touchstone Exploration GAAP EPS of $0.00 revenue of $10.5M

Touchstone Exploration press release (OTCPK:PBEGF): Q1 GAAP EPS of $0.00. Revenue of $10.5M (+71.6% Y/Y). Achieved quarterly average production volumes of 1,396 barrels per day, representing a 4 percent increase relative to the preceding quarter and an 8 percent increase from the 1,297 bbls/d produced in the first quarter of 2021. Realized petroleum sales of $10.5M from an average crude oil price of $83.55 per barrel compared to petroleum sales of $8.21M from average realized pricing of $66.81 per barrel in the fourth quarter of 2021.

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Touchstone Exploration GAAP EPS of $0.00, revenue of $10.5M