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Companies: Torchlight Energy Resources, Inc. (TRCH)

Company Profile

Description

Torchlight Energy Resources, Inc. is a Plano, Texas based domestic oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of profitable oil fields. The company currently holds interests in Texas and Kansas where their targets are in established plays such as the Austin Chalk, Eagle Ford, Morrow, Wolfcamp A&B, and WolfPenn formations. The company has been operating in the industry since late 2010. 

Management believes opportunities exist to identify and pursue relatively low risk projects at very attractive entry prices.  These projects may be available from small operators in financial distress, larger companies that need to share costs, and large producers who are consolidating their activities in other areas.  Management believes attractive entry prices and tight cost control will result in returns that are superior to those achieved by major companies or small independents.  An integral part of this strategy is the partnering of major activities.  Such partnering will enable us to acquire the talents of proven industry veterans, as needed, without affecting our long-term fixed overhead costs.

Contact Information

  • 5700 W. Plano Parkway
  • Suite 3600
  • Plano, TX 75093


Financial Reporting/Disclosure

Reporting Status U.S. Reporting: SEC Reporting
Latest Report Jun 30, 2016 10-Q
CIK 0001431959
Fiscal Year End 12/31
OTC Marketplace Not Available

Profile Data

SIC - Industry Classification Not Available
Business Status Exploration Stage Company a/o Aug 03, 2010
Incorporated In: NV, USA
Year of Inc. 2007
Employees Not Available

Company Notes

  • Formerly=Pole Perfect Studios, Inc. until 2-2011

Service Providers

Accounting/Auditing Firm Legal Counsel
Axelrod, Smith & Kirshbaum
5300 Memorial Drive
Suite 700
Houston, TX, 77007
United States

Investor Relations Firm
Not Available
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