Corporate Snapshot NASDAQ: TRCH Share Price (11/27/15) 1.44 Market Cap 11/27/15) 40.99 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 and Timelines September 24, 2014 - Announces closing of acquisition on 168,000 acres in Orogrande Basin Project in West Texas March 30, 2015 - Begin drilling first well in Orogrande Project June 10, 2015 - Announces…
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 47.5% 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 Lease covers majority…
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 with Basic A full suite of logs were taken and analyzed by Haliburton 25 side wall cores were taken and analyzed by Stratochem…
Marcelina Creek Project Wilson County, TX Torchlight owns 75% working interest in majority of the acreage Three producing wells - Combined 60 BOPD Johnson 1BH Flare 100% CAPX paid by 2 BDS while drilling the 2,000 lateral Lease…
Marcelina Creek Project Wilson County, TX 15
Marcelina Creek Project Wilson County, TX 16
Marcelina Creek Project Wilson County, TX 17
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 Assets are currently being marketed for sale 6 AMIs (five remaining) Closed first AMI on 11-5-16 for 4.6M Immediately Relieves 2.8+ Million of Debt From Books Plus 1.4M+ Cash 19
Executive Management & Director Bios John Brda, President, CEO and Director - Mr. Brda has been our President and Secretary and a member of the Board of Director since January 2012. He has been the Managing Member of Brda & Company, LLC…
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…