Financial Investments

Touchstone Exploration Inc.

The Company’s key financial investment is in Touchstone Exploration with an ownership interest of 6.0 per cent by the end of the fourth quarter 2020. Touchstone’s mission is to become the largest and most profitable onshore producer in Trinidad. The company is listed both in Toronto and London.

Other Investments

The Company has, as of the fourth quarter 2020, minor investments in shares and bonds issued by Interoil E&P ASA, Polarcus Ltd and Tyveholmen AS.