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Tuesday, 04/11/2017 2:19:35 PM

Tuesday, April 11, 2017 2:19:35 PM

5 things to know in Texas energy this week
Apr 10, 2017, 8:33am CDT

• Plano, Texas-based Torchlight Energy Resources Inc. (NASDAQ: TRCH) is drilling a third test well in the Orogrande Basin, in Texas near the New Mexico border. It reached an agreement for development over the next 10 years last week with University Land, an endowment that manages mineral interests in West Texas. “It’s going to become the major asset of the company,” Torchlight CEO and Founder John Brda said on a conference call. “What you’re looking at is the potential for a billion-barrel field.”

http://www.bizjournals.com/houston/news/2017/04/10/5-things-to-know-in-texas-energy-this-week.html

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