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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1431959	Torchlight Energy Resources Inc	TRCH	Crude Petroleum & Natural Gas (1311)	743237581

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1643337	Greg Mccabe	500 West Texas Ave. Suite 890 Midland TX 79701		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-12-18	1,630,434	$0.46	11,894,769	No	4	P	Direct
Common Stock	Acquisiton	2020-11-11	313,480	$0.32	3,126,960	No	4	A	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	A	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	797,009	Indirect	See Footnote

Footnotes

The reporting person purchased shares of the issuer's common stock in a private, off-market purchase from another shareholder of the issuer.
On November 11, 2020, McCabe Petroleum Corporation, of which the reporting person is the sole owner ("MPC"), entered into a letter agreement with Warwink Properties, LLC, a wholly-owned subsidiary of the issuer ("Warwink"), and MECO IV, LLC ("MECO"), whereby MECO agreed to purchase certain respective interests from MPC and Warwink for an aggregate purchase price (subject to potential adjustment) of $450,000, $100,000 of which was allocable to MPC. MPC agreed to accept 313,480 shares of the issuer's common stock as consideration for its agreement to allow such $100,000 cash payment to be made directly from MECO to Warwink.
By MPC (of which the reporting person is the sole owner).
By G Mc Exploration, LLC (of which the reporting person is the 50% owner).