Corporate Snapshot NASDAQ: TRCH Share Price (9/11/15) 1.98 Market Cap (9/11/15) 58.39 MM Common Shares Outstanding 30.1 MM Float 18.26 MM Warrants 20 MM Insider Ownership 7 MM Fully Diluted O/S Shares 73 MM 3
Corporate Overview Headquartered in Plano, Texas Emerging oil and gas company developing mid-continent assets Operated and Non-Operated positions Complete turnaround efforts being executed through 2015 Total elimination of…
Major Headlines & Timelines September 24, 2014 - March 30, 2015 - June 10, 2015 - July 13, 2015 - September 9, 2015 - Signs Announces closing of Begin drilling first Announces closing of Confirmation of scientific LOI for 50 million…
Properties Overview Vertical Mississippi / Morrow Finney / Gray, KS Kansas Hunton Carbonate Central, OK Oklahoma Hudspeth County, TX Texas Wilson County, TX Wolfcamp, WolfPenn Eagle Ford, Austin Chalk and Buda /…
Orogrande Basin Project Hudspeth County, TX Torchlight owns 95% working interest 168,000 acres Targeting 1300 of pay described as WolfPenn Pay zone depths 4000 to 6100 Oil and high BTU gas 80/20 mix expected Basin formed at the same…
Interconnected Permian Basin 8
Orogrande Basin Montage Rich Masterson - Originated the Hudspeth County Orogrande Prospect as well as the Wolfbone Unconventional Play in the Delaware Basin where he has prepared prospects totaling over 150000 acres that have been…
Basinal Comparison 10
Orogrande Basin Lease Map 11
Orogrande Basin Project Rich A-11 Well Torchlight drilled the Rich A-11 Well to a total depth of 6091 A full suite of logs were taken and analyzed by Haliburton 25 side wall cores were taken and analyzed by Stratochem Services…
Marcelina Creek Project Wilson County, TX Torchlight owns 75% working interest in majority of the acreage Johnson 4 Three producing wells Johnson o Combined 60 BOPD 2 Johnson o Farm-out for new Austin Chalk well announced 1…
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 NYSE: REI) 3 county AMI…
Central Oklahoma Assets Approx. 50,000 gross acres currently WI across play from 5% to 30% 6 AMIs total with over 300,000 potential acres Highly Successful Operator has drilled 76+ successful wells in the play - IPs between 400 and…