Tag: McCabe Petroleum Energy

Torchlight Energy acquires Midland Basin assets from McCabe Petroleum

Torchlight pursuing joint development partner to provide project capex funding PLANO, Texas – Torchlight Energy Resources, Inc. says it has signed an agreement to purchase a 66.66 per cent working interest and take over operations in ~12,000 acres (19 sections) in the Midland Basin from McCabe Petroleum Corporation. The acreage was previously acquired by McCabe through a farm-out. Well-known […]