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Torchlight Energy Resources, Inc. 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 Corporation, Manix Royalty, Masterson Royalty Fund, G-Mc Exploration. McCabe has been involved in numerous oil and gas ventures throughout his career and brings a vast experience in technical evaluation, operations and acquisitions and divestitures to the Torchlight Board. McCabe is Torchlight's largest shareholder and provided entry for the Company into its two largest assets, the Hazel Project in the Midland Basin and the Orogrande Project in Hudspeth County, Texas.
John Brda, Torchlight's CEO, said: "We are very pleased to bring Greg onto the Board of Torchlight. His depth of knowledge and experience in the oil and gas space is immediately impactful to us as we continue developing our assets and building shareholder value."
McCabe added: "Torchlight's Permian Basin focused asset base and recent developmental milestones have positioned the Company for measurable near-term growth and upside. I am looking forward to the opportunity to provide input and guidance and help Torchlight realize its goals."
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