TRCH:NASDAQ

Torchlight Energy Resources Inc.

Torchlight Energy Resources, Inc., 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.
TRCH:NASDAQ

Expert Comments:

Keith Kohl, Pure Energy Trader

(9/6/19)
"On Wednesday, shares of Torchlight Energy Resources Inc. tumbled roughly 20% during intraday trading. Needless to say, that came as quite a shock to us, considering the fact that this selling took place without ANY new updates from the company. . .simply put, we just witnessed a brutal short attack on Torchlight. . .these short attacks give us one incredible buying opportunity."

Keith Kohl, Pure Energy Trader

(8/30/19)
"Even though we don't have any new updates from Torchlight Energy Resources Inc., sometimes no news is good news; what we do know is that the company is still courting some major oil companies and hoping to close a deal on its multibillion-barrel Orogrande field. Right now, shares of Torchlight have once again become a screaming Buy for us and are trading right around $1.21 apiece."

This satisfies all of the company's obligations under the purchase agreement.
read more >
headshot of John White

John White, ROTH Capital Partners

(7/19/19)
"Torchlight Energy Resources Ind. today announced that it has made final payment to Founders Oil & Gas (private) required under a settlement and purchase agreement the companies entered into in July of 2018. The final payment satisfies all of Torchlight's obligations under the agreement."

Keith Kohl, Pure Energy Trader

(7/19/19)
"While West Texas Intermediate prices only gained about 2% over the last four weeks, our Torchlight Energy Resources Inc. position has surged as much as 75%! And yet, I think the investment herd still hasn't caught on to this story; we know the company has a tremendous amount of oil underground and is currently courting some big suitors to take this multibillion-barrel field off its hands."

A small-cap company sitting on a massive field with potentially several billion barrels of crude oil has caught the attention of Keith Kohl, managing editor of Energy & Capital.
read more >

Keith Kohl, Pure Energy Trader

(5/31/19)
"Torchlight Energy Resources Inc.'s latest selloff is an even bigger opportunity for us; you see, this time around we KNOW the size of the Orogrande play is absolutely massive and far bigger than we ever imagined. I wouldn't expect companies with the right amount of cash in the bank to overlook a fresh, 3.7 Bbbl oil field, especially with such a close proximity to the Gulf Coast, where U.S. oil exports are growing at a rapid pace."

headshot of John White

John White, ROTH Capital Partners

(5/21/19)
"Torchlight Energy Resources Inc. today provided an update regarding its process of attracting acquisition interest from major oil companies and other exploration and production companies in its Orogrande Basin project. Since commencing discussions in April, the company has made seven individual presentations to publicly traded major oil companies and private equity-backed firms."

The article's general and specific claims were presented and discussed in a ROTH Capital Partners report.
read more >
This energy company will use the "substantive update" to market itself and its assets.
read more >

More Expert Comments

Experts Following This Company

Alex Helmel, CFO & Director – Global Cannabis Applications Corp.
Keith Kohl – Energy and Capital
Clive Maund – CliveMaund.com
headshot of John White
John White, Senior Research Analyst – ROTH Capital Partners

The information provided above is from analysts, newsletters, the company and other contributors.

Torchlight Energy Resources Inc. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.