Torchlight Energy today announced that it will be added to the Russell Microcap® Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 27th, according to a preliminary list of additions posted June 13th on www.russell.com/indexes. "We are pleased to have been recognized and added to the Russell Microcap Index," stated John Brda, Torchlight Energy's President. This [...]
Torchlight Energy Resources has announced the closing of the acquisition of certain oil and gas assets located in Oklahoma, including additional acreage, additional interests in three areas of mutual interest and additional working interest in producing wells and wells currently being drilled. A wholly-owned subsidiary of the Company acquired the properties and also received $1.65 million in cash in the transaction.
Torchlight Energy, a rapidly growing mid-continent oil and gas company, today issued an update on the progress of its horizontal Hunton play operated by Husky Ventures. The table below indicates the wells that have been placed into production, are currently in initial flow back, are currently being fraced or are currently being drilled. Overall results have met or exceeded management's expectations.
Torchlight Energy Resources, Inc., a rapidly growing mid-continent oil and gas company, today reported its first quarter results for the three months ended March 31, 2014. The Company filed a 10-Q with the U.S. Securities and Exchange Commission for the first quarter of 2014 on May 15, 2014. First Quarter 2014 Highlights: Revenues increased 198% to $0.64 million revenues for first quarter 2014 vs. 2013, 15 producing wells [...]
Torchlight, a rapidly growing mid-continent oil and gas company, announced today that management will host a conference call and webcast to discuss its first quarter 2014 financial results and provide an update on its operations. A replay of the call will be available after 7:30 pm ET May 15, 2014. To access the replay, use 877-870-5176 for U.S. callers and 858-384-5517 for international callers. The PIN number is [...]
Torchlight Energy today provided updates on its field operational results through the first quarter ended March 31, 2014. The Company increased daily production to over 250 BOEPD at the end of the first quarter of 2014, more than double compared to 114 BOEPD at December 31, 2013. Torchlight Energy controls 22,000 +/- gross acres in Central Oklahoma in the Hunton formation. Employing new technologies, horizontal drilling [...]
Torchlight Energy Resources a rapidly growing mid-continent oil and gas company, today reported its full year results for the twelve months ended December 31, 2013. The Company filed a 10-K with the U.S. Securities and Exchange Commission for fiscal 2013.
Torchlight Energy Resources a rapidly growing mid-continent oil and gas company, announce today that management will host a conference call and webcast to discuss its year end 2013 financial results and provide an update on its drilling operations.
Torchlight Energy, a rapidly growing mid-continent oil and gas company, announce today that management will present at the 26th Annual ROTH Capital Partners Growth Conference to be held March 9-12, 2014 at The Ritz-Carlton, Laguna Niguel in Dana Point, California. Willard McAndrew, COO of Torchlight Energy, will present on Monday, March 10th at 10:30 AM PST. Members of Torchlight's executive team will be available for [...]