Basin

Primary Logo

PLANO, TX / ACCESSWIRE / March 8, 2019 / Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (“Torchlight” or the “Company”), today announced that the Company will host a corporate update conference call and discuss recent activities related to its Orogrande Basin Project. Date: Friday, March 22, 2019Time: 11:00 am ET / 10:00 am CTDial-in (US): 888-394-8218Dial-in (Intl.): 323-701-0225Conference ID: 3770245Webcast: http://public.viavid.com/index.php?id=133611 A replay of the call will be available after 12:00

Ring Energy, Inc. Announces Closing of Andrews County Acquisition

Dateline City: MIDLAND, Texas Company Doubles Production, EBITDA, Proved Reserves and PV-10, Creating the Largest Horizontal San Andres Company on the Platform / Northwest Shelf MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced today that it has entered into a definitive agreement with Wishbone Energy Partners, LLC and its affiliates (“Wishbone”) to acquire its North Central Basin Platform assets located primarily in Southwest Yoakum County, Texas and

Primary Logo

PLANO, Texas, Feb. 21, 2019 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”), today announced that the Company and its operating partner Maverick Operating have completed the drilling phase of all three wells in the drilling plans set out in Q4.  The Company was able to confirm several new potential Wolfcamp pay zones, in addition to the existing Penn Silt formation. Most importantly, the Company has confirmed a deep

Primary Logo

PLANO, Texas, Jan. 07, 2019 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”), today announced that the Company has initiated the drilling phase of the University Maverick A24 #1 well in its Orogrande Basin drilling program with operator Maverick Operating and drilling partner Wolfbone Properties. The A24 #1 will be drilled to vertically test the “structural high” theory of Project Geologist Rich Masterson.  The estimated depth of the well

Primary Logo

PLANO, Texas, Dec. 14, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”), today announced that the Company has completed the drilling phase of the A39 #1 well in its Orogrande Basin drilling program with operator Maverick Operating and drilling partner Wolfbone Properties. The A39 #1 was drilled to a vertical depth of 4,035 feet and casing was set. Well logs and core samples were taken prior to casing

Primary Logo

PLANO, Texas, Nov. 20, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”), today announced that the Company has completed the drilling phase of the A11 #2 well in its Orogrande Basin drilling program with operator Maverick Operating and drilling partner Wolfbone Properties. The A11 #2 was drilled to a vertical depth of 4,009 feet and casing was set.  Well logs and core samples were taken prior to casing

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, Nov. 07, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that its wholly owned subsidiary, QEP Energy Company, entered into a definitive agreement to sell its assets in the Williston Basin to Vantage Acquisition Operating Company, LLC, a wholly-owned subsidiary of Vantage Energy Acquisition Corp. (Nasdaq:VEAC) (“Vantage”) for a purchase price of up to $1.725 billion, subject to purchase price adjustments. The

Primary Logo

PLANO, Texas, Oct. 31, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”) today announced that the Company has spudded the first well of the next three planned wells for the Company’s Orogrande Basin Project with its operator Maverick Operating and its drilling partner Wolfbone Properties. The first well to be drilled is the University Rich A11 #2. The well will be a twin to Torchlight’s Rich A11 #1

Enterprise Begins Construction of Seventh Natural Gas Processing Plant in Delaware Basin; Orla II Now in Service

HOUSTON–(BUSINESS WIRE)–Oct. 31, 2018– Enterprise Products Partners L.P. (NYSE: EPD) today announced it has begun construction of the Mentone cryogenic natural gas processing plant in Loving County, Texas. The facility, which is expected to begin service in the first quarter of 2020, will have the capacity to process 300 million cubic feet per day of natural gas and extract in excess of 40,000 barrels per day (“BPD”) of natural gas