(NASDAQ: TRCH) Investor Presentation November 2017 1
Corporate Snapshot NASDAQ: TRCH Share Price (11/13/17) 1.24 Market Cap (11/13/17)) 73.8 MM Common Shares Outstanding 60.2 MM Preferred Shares Outstanding -- Float 45 MM Insider Ownership 14.0 MM Warrants & Options…
Emerging Permian Pure Play Torchlight Was Founded With A Legacy Texas Asset And Experienced E&P Team For the first few years of growth Torchlight built on a growing asset base in TX, OK and KS Management Navigated The Oil Price Decline…
Driven by Science and Frac Technology Science Dictates Success Rich Masterson, geologist, mandates that each new play has scientific testing before development Vertical pilot holes drilled in both plays in order to gather as much data…
Core Asset Locations Wolfcamp A&B, Dean, Leonard Orogrande Basin WolfPenn Midland Basin Delaware Basin Wolfcamp A&B, 2nd Bone Spring 6
Interconnected Permian Basin 7
Basinal Comparison 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…
Orogrande Basin Project Hudspeth County, TX Orogrande Project 133,000 acres all under University Lands D & D unit signed in April of 2017 One well in 2017, two wells in 2018, hold entire lease block 67.75 % working interest…
Orogrande Basin Project Two new vertical test wells down to date University Rich A-11 1 and the University Founders B-19 1 Add picture of Rich A-11 Well Wells were drilled vertically to a depth of 6091 while Drilling Utilized…
Orogrande Checklist 1. Data obtained from well log and core sample analysis performed by Haliburton and SCAL, respectively 2. Published core date from Wolfcamp wells in Reagan and Upton Counties, Midland Basin 12
Midland Basin Project Hazel Prospect Prospect Area 12,000 acres 80% WI 13
Midland Basin Project Overview Midland Basin Project Leasehold 12,000 gross (9,600 net acres), 80% WI (operated) Rich Masterson (geologist) originated project 74-75% Net Revenue Interest 19 contiguous sections leased in the AMI…
Midland Basin Project Cross-Section A - A 15
Delaware Basin Project Overview Delaware Basin Project Leasehold 640 gross (67.2 net acres), 10.72% WI (non- operated) MECO IV to operate the leasehold Rich Masterson (geologist) originated project 75% NRI on the project 10,000…
Delaware Basin Project Cross Section 17
Company Overview 133,000 acre Orogrande Project, Hudspeth County, TX Completed initial two vertical science wells confirming similar depositional and petrophysical environments to the Delaware Wolfbone and Midland Wolfberry 1500+…
Executive Management & Directors 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,…
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. He is a principal of numerous oil and gas focused entities including McCabe Petroleum…
Corporate Contact Information Torchlight Energy Investor Relations 5700 W. Plano Pkwy 3600 MZ Group Plano, TX 75093 Derek Gradwell 214-432-8002 SVP, Natural Resources www.torchlightenergy.com 512-270-6990 dgradwellmzgroup.us…