Torchlight Energy Resources, Inc. (TRCH) Updates Texas Oil and Gas Program
Torchlight Energy Resources, Inc. disclosed additional information on the company’s oil and gas exploration and development program in Texas. Torchlight Energy Resources and its operating partner have spud the Johnson #4 well at the Marcelina Creek Field located in Wilson County, Texas. This is the second well in a four well program at the property. The Johnson #4 well is to be drilled to a vertical depth of 8,500 feet and is targeting the Buda formation on the property. Torchlight Energy Resources is involved with Bayshore Operating Corporation, LLC to develop leasehold at the Marcelina Creek Field. The program consists…