PLANO, TX–(Marketwired – April 12, 2018) – Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (“Torchlight” or the “Company”), today announced that the fracture stimulation date has been set on the University Founders A25 #1H well in the Orogrande project for April 23rd. Cudd Energy Services will be performing the stimulation under the supervision of Maverick Operating and a six-stage hybrid fracture stimulation treatment design has been prepared.
“We are excited to have scheduled the completion phase of our first horizontal well in the Orogrande,” stated John Brda, CEO of Torchlight. “Our science looks excellent and reservoir pressure appears better than expected. Now our focus is on to delivering an effective stimulation and beginning the testing stage.”
About Torchlight Energy
Torchlight Energy Resources, Inc. (NASDAQ: TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. The company has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. For additional information on the Company, please visit www.torchlightenergy.com.