Wednesday, July 29, 2015

Torchlight Energy Resources Isn't Going Away

USGS map shows Monday's quake centered 40 miles north of Oklahoma City. Click image to enlarge.

Two pieces of bad news for environmentalists on the fracking front just a few miles from the El Paso County line: Torchlight Officials “Elated” By Test Well Results – Company Seeks Partner to Develop “Major New Oil Field”. That's the headline and story from the Hudspeth County Herald less than two weeks ago. Now this from a stock risk assessment news site: Torchlight Energy - A NewCo Turnaround Story That's Been Derisked

In short: Torchlight has solved its financial problems and they have struck paydirt at their first test well just over the hill from Hueco Tanks. That's the first test well. They anticipate 2,499 more to go and they are seeking help from bigger frackers.

Keep this information in mind as you read about Monday's 4.0+ earthquakes in Oklahoma.

Please support elpasonaturally©. Go HERE to donate and help turn El Paso "green".

1 comment:

  1. This will give that water that EPWU wants to pipe over to fill the rising demand that extra special taste.