Operator
Torchlight Energy Resources, Inc.
Acquired in May 2016 by Founders Oil and Gas LLC. The snapshot below reflects historical activity.
About
Exploration & Production
- WebsiteVisit →
- TickerNASDAQ
- AddressPlano Texas
- Phone(214) 432-8002
- Acquired byFounders Oil and Gas LLC
Acquisition chain
Forward & backward M&A lineage
- Sandridge Energy, Inc.
- Energen Corp.
- Arabella Exploration Inc.
- McCabe Petroleum
- Torchlight Energy Resources, Inc. (this company)
- Founders Oil and Gas LLC
Drilling activity
No activity recorded
No active rigs
Operations transferred to Founders Oil and Gas LLC. Live rig records sit under the successor.
Recent activity
Torchlight Begins Frac Ops at Midland Basin Hazel Project
Torchlight Energy Resources, Inc. reported that the operator of its Hazel Project has completed hydraulic fracturing operations. The project is located in the Midland Basin and targets the...
Torchlight Accelerates Activity at Wolfcamp Orogrande Project
Torchlight Energy Resources reported that it will be drilling three new wells on its Orogrande Basin Project in the coming months. Orogrande Basin Project The Company will drill...
Torchlight Preps to Frac Well at Orogrande Project
Torchlight is prepping to frac its University Founders A25 #1H well in the Orogrande project. Frac ops will commence on April 23. Cudd Energy Services will be performing...
Torchlight Wraps Up 28-Stage Frac of Flying B Ranch Well
Torchlight has wrapped up a 28-stage frac stimulation on its Flying B Ranch #3H well. The company will initiate flowback operations immediately. The well is located in the...
Torchlight Updates Midland Basin Projects; Preps to Frac Well
Torchlight updated its Midland Basin projects at Orogrande and Hazel. At Hazel, Torchlight has scheduled its new frac date is scheduled for late September. At Orogrande, preparatory work...
Latest news mentioning Torchlight Energy Resources, Inc.
Deals
Torchlight Energy has entered a deal to increase its ownership to 74% Working Interest across all 12,000 gross acres resulting in 8,880 net…
Torchlight Energy Resources, Inc. announced that it has closed the sale of assets in the Cimarron Trail property for net proceeds of…
Torchlight Energy Resources, Inc. has signed a definitive agreement to purchase a 66.66% Working Interest and take over operations in…
Torchlight Energy Resources, Inc. has entered into a definitive agreement with Founders Oil and Gas, LLC of Midland, TX for the development…
Torchlight Energy Resources, Inc. announced that the Company has signed a Letter of Intent to sell approximately 40% of its Hunton Assets…
Permits
Assets
No asset records
Operations transferred to Founders Oil and Gas LLC. Live acreage and lease records sit under the successor.
Capital raised
Regions of activity
No regional activity indexed yet
When Founders Oil and Gas LLC files permits or discloses acreage tied to this entity, the regions show up here.