Torchlight Energy Resources, Inc. report that the re-drill of the Johnson #1 well in our Marcelina Creek project, was successfully completed on August 3, 2012. The well replaced the Johnson #1-H which was damaged during a recompletion last year. The service company that damaged the well, such that it could no longer be produced, drilled the well at their sole cost.

The well was re-drilled into the Austin Chalk formation with the lateral leg extending out approximately 2400'. During the drilling, we experienced excellent oil and gas shows and the re-drill appears to be a success. With the drilling phase completed we will now prepare the surface production facilities and estimate we will be initiating a production test within 10 days. Torchlight has a 50% interest in the well.

Tags: Inc., Torchlight Energy Resources