Jan 23 (Reuters) - Touchstone Exploration Inc TXP.TO :
* Touchstone provides operational and corporate update
* Touchstone Exploration Inc - Q4 2016 production average of 1,245 barrels of oil per day, 2 pct below Q3 2016 average
* Says co is targeting two well recompletions per month through 2017 Source text for Eikon: ID:nMKWp9tv2a Further company coverage: TXP.TO