Torchlight Energy Resources Inc.

PLANO, TX--(Marketwired - February 08, 2016) - Torchlight Energy Resources Inc.  (NASDAQ: TRCH)  ("Torchlight" or the "Company"),  today announced that the Orogrande Development Committee, consisting of members of the project operator, Torchlight Energy and consulting geologist Rich Masterson have elected to move forward on planning the next phase of drilling in the Orogrande Project.  The project operator plans to permit [...]

PLANO, TX--(Marketwired - February 01, 2016) - Torchlight Energy Resources Inc.  (NASDAQ: TRCH)  ("Torchlight" or the "Company"),  today announced that the Company's Johnson #4 well has been re-entered and drilled laterally to approximately 2500 feet in the Austin Chalk Formation.  Subsequently the Company set a liner into place, acidized the well, and has begun swabbing tests.  The swabbing procedures are being performed [...]

Over $2.8 Million of Vendor Debt Eliminated PLANO, TX--(Marketwired - January 04, 2016) - Torchlight Energy Resources Inc.  (NASDAQ: TRCH)  ("Torchlight" or the "Company"),  today announced a partial cash closing from the previously announced agreement with Husky Ventures ("Husky"), the operator of the Company's Hunton assets. Torchlight previously agreed to sell certain leases in one of six Areas of Mutual Interest [...]

PLANO, TX--(Marketwired - November 20, 2015) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that management will present at the following upcoming investor conference. LD Micro Date: Thursday, December 3, 2015 at 10:30 AM PT Location: Luxe Sunset Hotel, Track 4 Los Angeles, CA Conference participation is by invitation only and registration is mandatory. For more [...]

Goldstone Energy GP, LLC to Participate in Well PLANO, TX--(Marketwired - November 19, 2015) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that the drilling contract for the Johnson #4 Re-Entry has been approved and the Company is expecting the drilling rig to be on location during the first week of December. Additionally, Torchlight has entered into an agreement for [...]

Immediately Relieves $2.8+ Million of Debt From Books PLANO, TX--(Marketwired - November 05, 2015) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that it has entered into a definitive agreement with Husky Ventures ("Husky") its operator in the Hunton Project to sell certain assets in one of its six AMI's with Husky. The terms of the agreement call for a sale price of [...]

Thursday, November 5, 2015 4:15 PM ET PLANO, TX--(Marketwired - November 03, 2015) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company") today announced that management will host an operational update call at 3:15pm CT (4:15pm ET) on Thursday, November 5, 2015. To access the call, please use the following information: Date: Thursday, November 5, 2015 Time: 3:15 p.m. Pacific time (4:15 p.m [...]

PLANO, TX--(Marketwired - September 30, 2015) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company") today announced the closing of a private placement in the amount of $3.7 million of newly issued convertible preferred stock. Torchlight Energy issued $3.7 million in liquidation preference (face amount) of Series B Convertible Preferred Stock in a private placement exempt from registration under [...]

Provides for $50 Million in Development Capital for Orogrande Basin Project PLANO, TX--(Marketwired - September 29, 2015) - Torchlight Energy Resources Inc. (TRCH) ("Torchlight" or the "Company") (NASDAQ: TRCH) today announced that it has entered into a definitive agreement with Founders Oil and Gas, LLC ("Founders") of Midland, TX for the development of Torchlight's Orogrande Project. The terms of the agreement include [...]

PLANO, TX--(Marketwired - September 15, 2015) - Torchlight Energy Resources Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced that the Company has entered into a farm-out agreement with PetroBridge Energy for the Johnson #4 well in its Marcelina Creek Project in Wilson County, TX. The Johnson #4 well is a vertical well producing ~10 Bop/d from the Buda Formation. According to the agreement Torchlight [...]