SAN FRANCISCO, Feb. 26, 2020 (GLOBE NEWSWIRE) -- Discovering a new oil field is a major accomplishment. But effectively producing hydrocarbons from that field is seen as a truly exceptional, massive success. So, when a small oil and gas exploration company reaches that milestone, investors are wise to pay very close attention.
Company mentioned: Torchlight Energy Resources Inc. (TRCH:NASDAQ)
It's one big reason analyst Clive Maund told his subscribers he views this small-cap energy company as a "strong buy," a call he reiterated on February 25 when he wrote, "Torchlight is rated an immediate buy."
Torchlight Energy Resources is a small-cap oil and gas explorer. But don't be misled, because the company controls a major play in the newly emerging West Texas Orogrande.
And as TRCH's newest press release reveals, its latest results are off the charts. Torchlight just announced it has measured substantial initial potential oil and gas hydrocarbon recoveries from the recently drilled and completed Cactus A35 #1H well.
Continue reading this article: Oil & Gas Explorer Proves Up Exciting Measured Oil and Gas Production from Orogrande Basin Project
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DISCLOSURE:
The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Torchlight Energy. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Torchlight Energy. An affiliate of Streetwise Reports is conducting a digital media marketing campaign for this article on behalf of Torchlight Energy. Please click here for more information. As of the date of this article, officers and/or employees of Streetwise Reports own securities of Torchlight Energy.
Peter Krauth: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: Torchlight Energy.
The full disclosure is provided at the article's end: Oil & Gas Explorer Proves Up Exciting Measured Oil and Gas Production from Orogrande Basin Project