Glossary Of Terms

AIM

AIM market of the London Stock Exchange plc

bbl(s)

barrel(s)

bbls/d

barrels per day

Brent

The reference price paid for crude oil FOB North Sea

FOA

Farmout Agreement

LOA

Lease Operator Agreement

Mbbls(s)

thousand barrel(s)

Mboe

thousand barrels of oil equivalent

Touchstone

Touchstone Exploration Inc.

Trinidad

The Republic of Trinidad and Tobago

TSX

Toronto Stock Exchange

TT$

Trinidad & Tobago dollar

US$

United States dollar