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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) FEBRUARY 17, 2006
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TOUCHSTONE RESOURCES USA, INC.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE 50228 33-0967974
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1600 SMITH STREET
SUITE 5100
HOUSTON, TEXAS 77002
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (713) 784-1113
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS.
On February 17, 2006, Touchstone Resources USA, Inc. (the "Company", "we",
or "us"), announced that it has retained Patrick R. Oenbring to serve as the
Chief Operating Officer of the Company effective March 1, 2006.
Patrick R. Oenbring, 54, has over 30 years of experience in the oil and
gas industry having held several senior executive management positions at
Conoco, Inc. and Occidental Petroleum. Mr. Oenbring began his career in 1974
with Conoco as a process engineer. During his 23 year career with Conoco, Mr.
Oenbring held a number of increasingly responsible management positions. These
included managing projects in Alaska, the Gulf of Mexico, the North Sea, the
Middle East, and the Far East, serving as Vice President, Business Development
and Production, of Conoco Canada Ltd. where he was responsible for all
production operations, business development activities, property acquisitions
and divestitures, serving as Manager of Infrastructure Technology for Conoco's
central engineering and construction organization, and Manager of Conoco Energy
Nigeria. In 1997, Mr. Oenbring joined Occidental Petroleum as President and
General Manager, Occidental Petroleum of Qatar where he had complete operational
and P&L responsibility for the Qatar operation as well as overall management
responsibility for Occidental's non-operated interests in Yemen and Pakistan.
Following Occidental's acquisition of Altura Energy Ltd. in 2000, Mr. Oenbring
served as President and General Manager of Occidental Permian, where he managed
the due diligence preparation, transition and integration of all personnel and
properties of Altura Energy Ltd. into Occidental and managed a three fold
increase in drilling activity. During his tenure, Occidental Permian was the
largest oil and gas producer in Texas with annual revenues of approximately $1.4
billion.
After retiring from Occidental in June 2003, Mr. Oenbring was self
employed as an independent consultant to the oil and gas industry until May
2005. During this time, he provided executive management and technical
consulting services to various independent oil and gas companies regarding
production, operations, optimization, project management and producing property
acquisitions. Since May, 2005, Mr. Oenbring has served as Senior Project Manager
for Technip Offshore, Inc., a Houston, Texas based engineering and construction
firm, where he has managed a large engineering project in offshore Nigeria. Mr.
Oenbring earned a Bachelor of Science in Chemical Engineering from the
University of Kansas, is a graduate of the University of Pittsburgh executive
development program, and is a registered Professional Engineer in the State of
Texas.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Touchstone Resources USA, Inc.
Date: February 17, 2006 By: /s/ Roger Abel
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Roger Abel
Chief Executive Officer
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