Torchlight Energy Resources Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Energy : Oil, Gas & Consumable Fuels | Small Cap Value
Company profile

Torchlight Energy Resources, Inc. (Torchlight) is an energy company. The Company is engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. The Company is primarily focused on the acquisition of early stage projects, the development and delineation of these projects, and then the monetization of those assets once these activities are completed. Torchlight has interests in four oil and gas projects: the Orogrande Project in Hudspeth County, Texas; the Hazel Project in Sterling, Tom Green, and Irion Counties, Texas; the Winkler Project in Winkler County, Texas, and the Hunton wells in partnership with Husky in Central Oklahoma. The Company operates its business through its subsidiaries, including Torchlight Energy, Inc., Torchlight Energy Operating, LLC, Hudspeth Oil Corporation, Torchlight Hazel, LLC and Warwink Properties, LLC.

Closing Price
$1.37
Day's Change
-0.10 (-6.80%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.46
Day's Low
1.30
Volume
(Light)
Volume:
8,131,819

10-day average volume:
10,502,486
8,131,819

Zoom Video started at buy with $550 stock price target at Mizuho

6:42 am ET October 9, 2020 (MarketWatch)
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(END) Dow Jones Newswires

October 09, 2020 06:42 ET (10:42 GMT)

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