Source: Torchlight Energy Resources Inc – Press Release/Statement:
Headline: Torchlight Announces Gas Lift Installation Plans For Orogrande
PLANO, TX / ACCESSWIRE / September 2, 2020 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH) (“Torchlight” or the “Company”), today reported that Orogrande operator, Maverick Operating, will move its team in for a gas lift installation within the next two weeks on the University Cactus A-35H well that was drilled and tested in early 2020. Early results, without gas lift, were impressive with 15 BOPD and 110 MCFPD from only a 100 foot frac interval. The intent of the gas lift approach is to remove the hydrostatic head from the wellbore and allow the oil and gas to come to surface more efficiently. Results will be reported when available.