Torchlight Energy Resources, Inc. (NASDAQ: TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. The company currently holds interests in Texas where their targets are established plays such as the Permian Basin and the Eagle Ford Shale.
Torchlight Energy Resources Inc. is headquartered in Plano, Texas and is positioned as a junior oil and gas player with a primary spotlight on oil. Torchlight is focused on highly probable and profitable drilling and working interest programs that have a short window of payback, a high IRR, proven and bookable reserves, and are US based. With a proven management team and tremendous access to pre-market deal flow, Torchlight Energy, will be poised for tremendous growth and consequently, tremendous public company multiples and valuation for our investors.
Business Process
There are three primary business processes that the company adheres to including Investment Evaluation and Review, Operations and Field Activities and Administrative and Finance Management. Each one of these business process offers the company an opportunity to seek a distinct partner or alliance as the company grows and expands its operations.
Torchlight Energy Resources, Inc. (Nasdaq: TRCH)
Torchlight Energy Resources, Inc. (NASDAQ: TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. The company currently holds interests in Texas where their targets are established plays such as the Permian Basin.
Company Details | |
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Company Name | Torchlight Energy Resources, Inc |
Business Category | Oil & Gas |
Address | 5700 W Plano Pkwy #3600 Plano Texas United States ZIP: 75093 |
President | John A. Brda |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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