Torchlight adds two independent board members, names chairman

Staff Writer | Plano, Tx., USA | Friday October 14, 2016 5:45AM ET

Torchlight Energy Resources, an oil and gas company, announced that it has added E. Scott Kimbrough and R. David Newton to the board.

Mr. Kimbrough is the owner/operator of Maverick Oil & Gas Corporation, and other independent entities, which he has managed for more than 20 years. His diverse oil and gas background spans 39 years and includes roles ranging from field operations to senior corporate management.

Mr. Kimbrough began his career with Arco Oil & Gas Company, followed by work with independents including Quintana Petroleum Corporation, Lasmo Energy, and Nearburg Producing Company.

His focus has been in domestic US fields including the Permian Basin in West Texas and Southeast New Mexico, on and offshore Gulf Coast, Midcontinent, Rockies Mountain area and onshore California.

Mr. Kimbrough received a Bachelor of Science in Business Administration from Louisiana Tech University, and Mechanical Engineering from Texas A&M University.

He performed postgraduate studies at LSU and the University of Houston and is a Registered Petroleum Engineer in the State of Texas.

Mr. Newton has more than 25 years of experience in management consulting from various positions he has held with US based investment firms. His focuses have been funding venture capital, channel distribution, startups, second and third stage financings, and corporate turn arounds.

Mr. Newton brings a depth of relationships developed through decades of participation in corporate finance and operational skills developed while focused on helping growth stage entities in the oil and natural gas, aerospace and timber as well as various other industries.

Additionally, the Board has appointed Greg McCabe to the role of Chairman of the Board.

This augmentation to the Board follows the recent departure of Torchlight's COO, Willard McAndrew who resigned from his position and vacated his seat on the Torchlight Board. ■