Torchlight Energy Successfully Delivers Stimulation on First Horizontal Well in the Orogrande Project
PLANO, TX–(Marketwired – April 30, 2018) – Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (“Torchlight” or the “Company”),today announced that stimulation of the Penn formation has been successfully completed on the University Founders A25 #1H horizontal well in the Orogrande Project. A total of six stages were fracture stimulated using 1.6MM pounds of sand at 60 bpm. Average stage breakdown pressure was 4,500 psi. The stage plugs have now been drilled and the flow testing phase has begun.