(NASDAQ: TRCH) Investor Presentation Emerging E&P September 2016 1
Corporate Snapshot NASDAQ: TRCH Share Price (9/15/16) 1.19 Market Cap (9/15/16) 60.0 MM Common Shares Outstanding 50.4 MM Float 31.0 MM Warrants (50 mm if fully exercised) 24.1 MM Insider Ownership & 5%+ owners 21.6…
Torchlight Energy Overview Permian - 168,000 acre Orogrande project, Hudspeth County, TX Completed initial vertical science well confirming correlative depositional and petrophysical environments to the Delaware Wolfbone and Midland…
History Major Headlines and Timeline Sep 2014 Jun 2015 Nov 2015 Feb 2016 Completed 9.8 million Signed a definitive Founders Oil & Gas Jun 2016 Announced acquisition of 168,000 acre private placement of agreement to sell a portion…
Property Overview Wolfcamp A&B, Hudspeth County, TX Leonard, Dean Texas Midland Basin WolfPenn 6
Interconnected Permian Basin 7
Basinal Comparison 8
Orogrande Basin Montage 9
Orogrande Basin Project Hudspeth County, TX Orogrande Project 168,000 gross acres 47.5% working interest (assumes 50 mm farm-in is fullfiled) Targeting 1300 of pay described as WolfPenn Pay zone depths 4000 to 6100 Oil and high…
Orogrande Basin Project Two new vertical test wells down to date Add picture of Rich A-11 Well University Rich A-11 1 and the University Founders B-19 1 while Drilling Wells were drilled vertically to a depth of 6091 Utilized…
Midland Basin Project Hazel Prospect Prospect Area 12,000 acres 66.66% WI 13
Midland Basin Project Overview Midland Basin Project Leasehold 12,000 gross (7,999 net acres), 100% operated 75% Net Revenue Interest 19 contiguous sections leased in the AMI First two wells will be vertical to establish the…
Midland Basin Project Cross-Section A - A 15
Torchlight Energy Overview Permian - 168,000 acre Orogrande project, Hudspeth County, TX Completed initial vertical science well confirming correlative depositional and petrophysical environments to the Delaware Wolfbone and Midland…
Executive Team Mr. Brda has been our President and Secretary and a member of the Board of Director since January 2012. He was promoted to CEO in December of 2014 with the exit of our co-founder Tom Lapinski. Mr. Brda, who also…
Board of Directors Mr. McCabe, from Midland, Texas, is an experienced geologist who brings over 32 years of oil and gas experience to the Company. Gregory McCabe He is a principal of numerous oil and gas focused entities including McCabe…