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Torchlight Spins Bit at Next Permian Orogrande Well

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Torchlight Spins Bit at Next Permian Orogrande Well

Torchlight Energy Resources, Inc. announced that the rig has moved in and drilling commenced on the next well in the Orogrande Project, the University Founders B-19 #1.

The new well will be drilled and tested vertically in Section 19 near the center of the lease acreage. The well location was selected to further identify the 1300+ feet of net pay seen in the Cactus well. The operator will employ sufficient casing size to prepare for future lateral entry into encountered pay zones. Following drilling, Torchlight and the project operator, Founders Oil and Gas will run their battery of tests to further identify plans for field development. The Company expects testing will further identify pay zones seen in the Rich A-11 well and five wells drilled by Texaco and others. The well fulfills the…

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