Torchlight Energy Resources, Inc. will commence drilling operations on March 28, 2015 to test the first well in its Orogrande Project in Hudspeth County, Texas.
The University Rich A11 well will be a vertical test well drilled to approximately 6,000 feet. The Company will be testing multiple zones, targeting the WolfPenn formation and expects to encounter pay thickness of 1,300 to 2,000 feet over different intervals.
Being the first of four planned test wells in the Project, Torchlight will run a full suite of logs including sonic log, sidewall core analysis and imaging logs over all pertinent oil and gas intervals. After drilling and casing the well and evaluating all test data, horizontal potential and appropriate completion methods will be determined.
The Company expects the review process to take 45 to 60 days and will employ the expertise of Rich Masterson, expert geologist and originator of the Orogrande Project.