torchlight energy projects

News . Jun 10, 2014 1:00 PM EDT. Credit: Bruce Tunget from Pixabay. Box 30270 Lansing, MI 48909 TEL: (517) 335-9800 FAX: (517) 335-9600 Work Order: 2112066 Price: $260.00 Dan Hamel EGLE-RRD-JACKSON State Project Manager Phone SUD Location Code Overflow Lab Lhoke 2 Primary Contact Phone (517) 745-6595 Lab Use Only Field Sample Identification Torchlight Energy Resources Inc. Debt $8.00. 2021: Completed the MOOC Climate Change: Carbon Capture and Storage from the University of Edinburgh on edx. That project is really a main focus of our company, because if we can prove that we can drill nice horizontal wells out there, we have 133,000 PLANO, TX / ACCESSWIRE / April 11, 2019 / Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (''Torchlight'' or the ''Company''), today announced that the Company has received the final petrophysical report relating to its Orogrande Basin Project. NATURE OF BUSINESS. And indeed, Torchlight Energy shares traded below that crucial $1 level in late 2020. Torchlight Energy Resources has a 52 week low of $0.66 and a 52 week high of $1.96. It was great to meet students, Torchlight Energy has an enterprise value of over $130M. Mar. According to IHS, it was targeting "WolfPenn." The project with REI (50% working interest, 17,000 acres) has 450 identified locations targeting the shallow Woodford and Mississippian plays. June 22 (Reuters) - Shares of Torchlight Energy Resources Inc rose more than 15% early on Tuesday, with small-time investors piling into the latest social media-hyped stock trade after the oil and gas producer upsized its share offering to $250 million. Equity $3.70. Wed, 09/24/2014 - 08:59 AM. Torchlight Energy Resources, Inc. ("Torchlight" or the "Company"), today provided an operational progress update on its Orogrande Basin Project. No changes to the price of Torchlight Energy Resources stock on the last trading day (Tuesday, 15th Mar 2022). Torchlight Energy Resources, Inc. (Company) was incorporated in October 2007 under the laws of the State of Nevada as Pole Perfect Studios, Inc. (PPS). Torchlight Energy is an oil and gas exploration and production company based out of Plano, Texas. An anonymous writer attempts a 'death short' with the oil producer. Summary Torchlight Energy was the most trending stock on social media platform StockTwits on Monday. It is primarily focused on the acquisition of early-stage projects, the development and delineation of the projects, and then the monetization of those assets once these activities are completed. Torchlight Energy Resources was an oil & gas exploration firm that operated in Texas. 2015-09-30. Now, Torchlight Energy might be relatively small with its market capitalization of about $322 million (according to Yahoo Finance), but dont discount this company as a minor energy-market player. Report Date Type Amount (MM) Description. Much of the last week has been tied up in one way or another with comments and commentary about the meaning of the election. During the day the stock fluctuated 0% from a day low at $2.08 to a day high of $2.08. Net proceeds of $7. The project operator plans to permit three new wells starting with the University Founders B-19 #1 well. Torchlight Energy announces measured substantial initial potential oil and gas hydrocarbon recoveries from Orogrande basin project. Torchlight Energy Resources reported that it received drilling and development obligations relief on its Orogrande Basin project. A popular way to gauge a stock's volatility is its "beta". Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. It is primarily focused on the acquisition of early-stage projects, the development and delineation of the projects, and then the monetization of those assets once these activities are completed. Torchlight Energy Resources Inc. (TRCH:NASDAQ) announced in a news release that Masterson Hazel Partners decided to exercise its option to perform operations at Torchlight's Hazel oil and gas project in Texas. About Torchlight Energy Resources, Inc. Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high-growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. TRCH.US volatility (beta: 2.03) Avg. The Business seeks funding to take advantage of a window of opportunity for introducing new coal projects which has a high level of potential to the coal market. Secured lease agreement with Mohave Farms, a tier-1 multi-generational agriculture operator, to build and operate a $36 million micro-grid project for a 20,000 acre farm near Kingman, Arizona. Dual Lift Gas System: The Company's Operator on the Orogrande Project, Maverick Operating, has successfully installed the gas lift system into the University Founders A25 1H wellbore. Most pundits don't get it. The companys 50 day moving average price is $1.26 and its 200-day moving average price is $1.37. In compliance with Governor Abbott's Stay-At-Home Order until at least April 30th, Dispel nervous energy with exercise, Pisces (Feb. 19-March 20) Today is a 7 Increase energy with exercise and fresh air. TRCH only paid $3.35M in cash and stock for 75% of the Orogrande in August 2014 when oil prices were much higher than today. ET. Torchlight Energy is looking to challenge the unique geological complexities of the Orogrande Basin one of its two major Projects; to challenge the extraordinary Well-design difficulty presented by the Orogrande Basin, and to challenge the nearly limitless down hole variables it is sure to encounter upon launching its drilling and exploration program for-phone-only for-tablet-portrait-up for-tablet-landscape-up for-desktop-up for-wide-desktop-up Orogrande is easily the largest project of Torchlight as it has a net acreage of around 134,000 with the Company having a 72.5% working interest in the project. Per the related agreement from August 2020, "Masterson will conduct operations sufficient to satisfy Torchlight's continuous development obligations on the northern TorchLight Overview. Torchlight recently signed an agreement with Fossil Energy, Inc., providing for the terms under which Torchlight may participate in a ten well drilling program in The company's entire perceived value is based on possible oil in its Orogrande Project. Torchlight Energy Resources, Inc. Oil & Gas Company in United States,Texas,Plano, 5700 W Plano Pkwy #3600 75093. 1. PLANO, TX / ACCESSWIRE / April 6, 2020 / Torchlight Energy Resources, Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today provided an operational update on its Orogrande Basin Project and announced compliance with Texas Governor Greg Abbott's Stay-At-Home Order. Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. TorchLight Overview. Torchlight Energy Resources, Inc. confirmed it has received and reviewed results from scientific testing on the Company's University Rich A-11 Well. Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. Torchlight Energy (NASDAQ: TRCH) CEO John Brda joined Steve Darling from proactive Investors at the LD Micro show in Los Angeles. If management decides to invest in a project and take it to development, only then will additional staff with very specific responsibilities be hired, which should help to keep fixed costs down. Torchlight Energy, Located at P.O. The company is all in on its Orogrande Project, as it recently entered into an option agreement to sell its smaller 9,600 acre Hazel Project to a group of private investors in August. Torchlights second-largest project lies in the Midland Basin with around 12,000 gross acres and 19 sections, each of which could generate 4 to 6 million barrels of oil as per management estimates. Torchlight Energy Resources share price volatility. In a news release, oil and gas exploration and production company Torchlight Energy Resources Inc. (TRCH:NASDAQ) announced that "it has received approval from University Lands for a one year suspension of the 2020 drilling and 2017-04-17. From its incorporation to November 2010, the company was primarily engaged in Torchlight Energy Resources Inc. - 2015-09-30. Torchlight Energy and Founders have elected to move forward on planning the next phase of drilling in the Orogrande Project. In 2013, TorchLight created the Canadian Bioheat Database - a comprehensive listing of Canada's commercial and institutional bioheat projects. Michigan Energy Options (MEO) partnered with the Lansing Board of Water and Light (Lansing BWL), the City of East Lansing, and Pivot Energy, a Denver-based solar energy The Upper Pennsylvanian Silt (WolfPenn), a new field discovery made by Torchlight in its Orogrande Basin Project, is a hydrocarbon rich formation with over 600 feet of thickness. Independently appraised by Stimulation Petrophysics to have 3.7 Billion BOE RECOVERABLE (Mean Case) TRCH has little cash with increasing debt, and if it cannot sell the Orogrande, we believe the company is finished. Closed private placement of unsecured 12% promissory notes maturing on April 10, 2020. Over the last 12 months, Torchlight Energy Resources's shares have ranged in value from as little as $4.0763 up to $21.76. Torchlight Energy is considering all options for the prospect, including field-level investment by a partner or an outright sale of the project, Chief The companys entire perceived value is based on possible oil in its Orogrande Project. Torchlight Energy Resources Inc. ( Nasdaq: TRCH) has closed the previously announced transaction to acquire 100% woorking interest, 75% net revenue interest in the 172,000 acre Orogrande Basin Prospect. 8) project in the Orogrande Basin in West Texas. Torchlight Energy: Watch Out for This Energy Micro-Cap Other projects. Torchlight owns working interest in 8,800 net TorchLight works in partnership with communities, governments, and companies to examine the potential for bioenergy and bioproducts projects. Company To Drill Three New Wells in its Orogrande Basin Project. The company paid a total consideration of 865,000 shares of Torchlight common stock and $100,000 in cash to the seller. Dual Lift Gas System: The Company's Operator on the Orogrande Project, Maverick Operating, has successfully installed the gas lift system into the University Founders A25 1H wellbore. According to the Plano, Texas-based. Oil and gas exploration and production company Torchlight Energy Resources has struck oil and gas at one of its development wells in the Orogrande Basin in West Texas, US. Torchlight Torched Unfairly. this type of coal is in need commodity and in high demand of it's quality. Organization) 2007 Enterprise Avenue League City, Texas 77573 (Address of 12 2021, Published 10:32 a.m. Torchlight Energy Resources, Inc. ("Torchlight" or the "Company"), today provided an operational progress update on its Orogrande Basin Project. Description. Clarify your direction with friends, and advance. ENVIRONMENT, GREAT LAKES, AND ENERGY ENVIRONMENTAL LABORATORY P.O. Torchlight Energy is an oil and gas exploration and production company based out of Plano, Texas. Subscribe to get unmatched coverage of the oil and gas industrys entire landscape. Looking at insider activity, there are a An update of the Database by TorchLight was recently supported by CanmetENERGY. Nearly two years ago, into the heart of what would eventually prove out to be the longest and most catastrophic commodity crisis in the history of Energy, we at ATLAS made a data-based bet on a pre-production oil and gas E&P [i.e., exploration and production The report will be utilized in the delivery of due diligence materials to industry suitors for potential M&A discussions 2020: Completed the MOOC Energy Transition: Innovation towards a low-carbon future from IFP School. Company To Drill Three New Wells in its Orogrande Basin Project. Torchlight Energy is considering all options for the prospect, including field-level investment by a partner or an outright sale of the project, Chief Executive Officer John Brda told Reuters, adding that the oil producer signed confidentiality agreements with about half-a-dozen suitors in its data room. Torchlight Energy acquires, explores, exploits, and develops oil and natural gas properties in the United States. A glance at Torchlight Energy Resources Inc. (NASDAQ:TRCH)s key stats reveals a current market capitalization of 82.84 Million based on 57.86 Million shares outstanding and a price at last close of $1.45 per share. With an industry growth rate of 10-20%, over 300 projects are now included. Torchlight Energy Resources, Inc. engages in the acquisition, exploration, exploitation, and/or development of oil and natural gas properties in the United States.



torchlight energy projects