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Torchlight Energy Resources (Torchlight Energy Resources) Dry Hole Expense (USD Mil) : 0.00 (As of Mar. 2021)


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What is Torchlight Energy Resources Dry Hole Expense (USD Mil)?

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well.

The historical rank and industry rank for Torchlight Energy Resources's Dry Hole Expense (USD Mil) or its related term are showing as below:

TRCH's Dry Hole Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

Torchlight Energy Resources Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Torchlight Energy Resources's Dry Hole Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Torchlight Energy Resources Dry Hole Expense (USD Mil) Chart

Torchlight Energy Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Dry Hole Expense (USD Mil)
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Torchlight Energy ResourcesQuarterly Data
Trend Jun16 Sep16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21
Dry Hole Expense (USD Mil)
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Competitive Comparison of Torchlight Energy Resources's Dry Hole Expense (USD Mil)

For the Oil & Gas E&P subindustry, Torchlight Energy Resources's Dry Hole Expense (USD Mil), along with its competitors' market caps and Dry Hole Expense (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Torchlight Energy Resources  (NAS:TRCH) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.


Torchlight Energy Resources Dry Hole Expense (USD Mil) Related Terms

Thank you for viewing the detailed overview of Torchlight Energy Resources's Dry Hole Expense (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Torchlight Energy Resources (Torchlight Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
5700 W. Plano Parkway, Suite 3600, Plano, TX, USA, 75093
Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. It is primarily focused on the acquisition of early-stage projects, the development and delineation of the projects, and then the monetization of those assets once these activities are completed. The firm's primary interests include the Orogrande Project in Hudspeth County, Texas and the Hazel Project in the Midland Basin.
Executives
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Greg Mccabe director, 10 percent owner 500 WEST TEXAS AVE., SUITE 890, MIDLAND TX 79701
Roger N Wurtele officer: Chief Financial Officer 5700 WEST PLANO PARKWAY, SUITE 3600, PLANO TX 75093
John A. Brda director, officer: President and CEO 1425 FRONTENAY, WARSON WOODS MO 63122
Michael James Graves director 5700 PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Robert Lance Cook director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75903
Robert David Newton director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Mccabe Petroleum Corp 10 percent owner P.O. BOX 11188, MIDLAND TX 79702
Ernest Scott Kimbrough director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Shockey Eunis Lorance Jr director 10827 STONE CANYON ROAD, DALLAS TX 75230
Mcandrew Willard Greer Iii other: Former Officer and Director 5700 WEST PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Jerry D Barney 10 percent owner 841 ANDREW RUN, CANYON LAKE TX 78133
Edward J Devereaux director 1713 VILLA COURT, CORINTH TX 76210
G Mc Exploration, Llc 10 percent owner 400 PINE STREET, SUITE 700, ABILENE TX 79601
Robert Kenneth Dulin 10 percent owner 8449 GREENWOOD DRIVE, NIWOT CO 80503