PLANO, TX--(Marketwired - September 19, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight Energy" or "the Company") today announced that management will present at the Johnson Rice & Co 2016 Energy Conference. Johnson Rice 2016 Energy Conference Date: September 20-22, 2016 Location: Ritz-Carlton Hotel New Orleans, LA Conference participation is by invitation only and this event is for institutional [...]
PLANO, TX--(Marketwired - August 23, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today provided an update regarding the Company's operational progress in their Orogrande and Hazel Projects. Orogrande Project: As previously announced, Torchlight and their operating partner, Founders Oil and Gas, drilled, logged, cored, and set pipe on the University Founders B-19#1 well, the [...]
PLANO, TX--(Marketwired - July 26, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced receipt of a letter from the NASDAQ Stock Market stating that the Company has regained compliance with the $1.00 minimum closing bid price listing requirement and that, accordingly, it has determined to continue the listing of the Company's common stock on the NASDAQ Capital Market [...]
PLANO, TX--(Marketwired - July 22, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that the Flying B Ranch #1 has been drilled to a total depth of 6470 feet. The well has been logged and 25 sidewall cores were taken from the different pay zones. The well has been cased and cemented in preparation for a near term fracing and completion. "We are encouraged with the [...]
PLANO, TX--(Marketwired - July 14, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that it has appointed Greg McCabe to its Board of Directors. Mr. McCabe, from Midland, Texas, is an experienced geologist who brings over 32 years of oil and gas experience to the Company. He is a principal of numerous oil and gas focused entities including McCabe Petroleum [...]
McCabe Petroleum Corporation, Maverick Operating and SDX Resources to Participate PLANO, TX--(Marketwired - July 11, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that it has sold $1,000,000 in shares of Series C Convertible Preferred Stock to a group of investors led by Midland, Texas based McCabe Petroleum Corporation, Maverick Operating and SDX Resources. The [...]
PLANO, TX--(Marketwired - July 05, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company") today announced that it has received scientific information back from third party providers who performed the testing on the University Founders B-19 #1 well. A series of logs were run and analyzed including a triple combo log, a cased hole log, a lithoscan and a sonic imaging log. In addition, 25 [...]
PLANO, TX--(Marketwired - June 16, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that its Board of Directors nominated and appointed Alex Zyngier to the Board as an independent director. The appointment was effective June 13th, 2016. A Form 8-K was previously filed with the details. Mr. Zyngier founded Batuta Advisors in 2013 to pursue high return investment [...]
PLANO, TX--(Marketwired - June 02, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that they have reached total depth on their University Founders B-19 #1 drilled to 6105 feet. The well has been logged and 25 sidewall cores were taken from the target intervals of the pay zone(s). The well has been cased and cemented in preparation for a frac job which is expected [...]
PLANO, TX--(Marketwired - May 02, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that it has closed the sale of assets in the Cimarron Trail property for net proceeds of $750,000 with an effective date of April 1, 2016. The sale, along with the receipt of the $500,000 received from Founders Oil and Gas as payment of their obligation upon spudding the University [...]
PLANO, TX--(Marketwired - April 25, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that the rig has moved in and drilling commenced on the next well in the Orogrande Project, the University Founders B-19 #1. The new well will be drilled and tested vertically in Section 19 near the center of the lease acreage. The well location was selected to further identify [...]
PLANO, TX--(Marketwired - April 05, 2016) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company") today announced that it has signed a definitive agreement to purchase a 66.66% Working Interest and take over operations in ~12,000 acres (19 sections) in the Midland Basin from McCabe Petroleum Corporation (McCabe). The acreage was previously acquired by McCabe through a Farm-Out. Renowned [...]
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