Meta Materials Inc (MMAT)

[SF Wolf]

From today's PR:

“While experiencing multiple obstacles, Torchlight and its partners did an excellent job of sticking with the program we originally outlined for this play to prove our thesis,” commented Rich Masterson, geological expert and Torchlight’s originating consultant on the Project. “We have now validated a brand-new shale play in West Texas with potential across the basin to deliver large volumes of petroleum reserves from the Pennsylvania formation alone. Going forward we plan to validate deeper and shallower conventional zones, delineate the acreage to the south and verify pay zone properties including thickness, depth and quality of rock that appear in those sections.”