Corporate Snapshot NASDAQ: TRCH Share Price (4/4/14) 4.99 Market Cap (4/4/14) 91 MM Common Shares Outstanding 18.27 MM Float 10.69 MM Warrants 9.19 MM Fully Diluted O/S Shares ** 32.7 MM Insider Ownership 5.54 MM Debt 10.1 MM…
Corporate Overview Headquartered in Plano, Texas Emerging oil and gas company focused on developing its mid-continent assets Quick paybacks, high IRRs, and proven, bookable reserves can be exploited Large drilling inventory in…
Investment Highlights Torchlight has focused on proven established plays with multiple play zones. Product Mix 76% oil, 24% Gas Texas Eagle Ford Large working interest position with existing production on leases. Properties offset…
TRCH An E&P Company Projects o Focus on Liquids Production o Exploitation Rather Than Exploration Projects, Known Geology o Proven in Field Drilling o Excellent EURs o Repeatable Performance Partners o Proven and Experienced…
Reserve Breakdown Total PV 10 Reserves Oil MBbl NGL Mbbl Gas MMcf % of Total Mboe (M) PDP 75.8 0.0 56.4 85.2 3,616 13% PDNP 6.8 0.0 4.8 7.6 334 1% PUD 1,019.4 0.0 2,365.1 1,413.5 23,812 86% Total 1,101.9 0.0 2,426.4 1,506.3 27,762…
Properties Overview 8
Texas Assets - Eagle Ford Trend Wilson County Area of Interest 9
Marcelina Creek Project Wilson County, TX Torchlight owns 75% working interest Three producing wells Johnson o Horizontal Austin Chalk to 2500 lateral 30 Day test 4 195 BOPD, IP 438 BOPD Johnson o Vertical Buda to 8,500 currently…
Central Oklahoma Assets Approx. 22,000 gross acres currently 15-25% WI in the AMIs 4 AMIs totaling over 300,000 potential acres Highly Successful Operator has drilled 40+ successful wells in the play o IPs in the 400 BOEPD to…
Science Leads to Success Husky Ventures and its partners have spent well in excess of 100 million perfecting the techniques necessary to unlock the horizontal Hunton Code Fracture Detection Logs (see picture) provide a unique view…
Science Leads to Success 13
Kansas Assets Finney /Gray / Haskell JV with Ring Energy (acreage in yellow) 17,000+ acres under lease TRCH Entered into JV (Drill to Earn) 50% WI in the entire play Proven Operator Ring Energy (Ticker REI) 450 locations 3 county…
Kansas Assets Maquoketa Dolomite Formation Smokey Hills, KS 18,000 acres under lease TRCH to operate Husky to provide Geo support 217 million BO still in place 22 million BO Proven recoverable TRCH has acquired 17.79% WI in the…
Common Equity Market Upside Trading & Liquidity Analysis Shareholder Base - Current Com m on Beneficial Source: S&P Capital IQ Shares Ow nership 1 Day 7 Days 30 Days 90 Days 1 Year TRCH Institutional Ow nership Average Price 5.06…
Company Timeline 11/7/13 Update: Boeckman 1-14H well maintaining an average of 175 BOPD and 8/28/13 - Peak Rate of 700 MCF of gas per day and has grossed 7/3/13 - Completes 197 BOPD on the more than 2M in total well revenue Drilling…
Projected Drilling Plans Across All Projects 2014 2015 Capex MM 35.8 31.2 Total Wells 90+ 173 Projected to drill out of cash flow by Q3 2014 18
Investment Summary Focused on proven established plays with multiple pay zones o Currently developing proven opportunities o De-risked assets currently cash flowing out of 15 producing wells o Directly operate projects where we are…
Executive Management & Director Bios Tom Lapinski , CEO & Chairman of the Board - Mr. Lapinski has served as our Chief Executive Officer, Interim Principal Financial Officer and director since November 2010. He also previously served as…
Executive Management & Director Bios Roger N. Wurtele, CFO - Mr. Wurtele is a versatile, experienced finance executive that has served as Chief Financial Officer for several public and private companies. He has a broad range of…
Board of Directors Bios Jerry Barney , Director - Mr. Barney has over 30 years of experience in various management and consulting positions with technology, oil services and government entities. Mr. Barney was a director of Barney Family…
Contacts Company John Brda- President & Director 214-432-8002 johntorchlightenergy.com www.torchlightenergy.com Investor Relations MZ Group Derek Gradwell- SVP, Natural Resources 512-270-6990 dgradwellmzgroup.us…