Touchstone Exploration, an onshore oil and natural gas producer, agreed to acquire Trinity Exploration, an oil & natural gas company, for $30m. "I am pleased to be recommending Touchstone's offer to our shareholders. Our two companies have operated in close proximity over many years. The premium offered demonstrates the value Touchstone sees in Trinity's team and operations and its confidence in the future potential of the enlarged business," Jeremy Bridglalsingh, Trinity Chief Executive Officer.