Paul Rabin's Blog (1)

Torchlight Energy

Torchlight Energy (TRCH) has 168,000 acres in the Orogrande Basin west of El Paso. The land has a geologic pattern just like the Permian Basin and they are expecting to find a great deal of oil. A partner (a subsidiary of DH Horton) has given them $50 million to be a 50% partner. Price is a steal right now at $1,.25

Added by Paul Rabin on November 18, 2015 at 5:25am — No Comments

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