Torchlight Energy Resources Inc. (TRCH:NASDAQ) announced in a news release that the operator of its Hazel project in Texas' Midland Basin began hydraulic fracking there.
The stimulation procedure is expected to take one week. "The frack is designed to be slickwater with 3,200 lbs per foot, and an 80 barrels per minute rate of water consisting of 37 stages," the company noted.
Afterward, the flowback process will begin; the company plans to announce results after the "completion of applicable potential production testing."
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