How come Torchlight Energy Resources, Inc. (NASDAQ:TRCH) stock soared in the AH?

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Despite no recent news releases or company announcements, Torchlight Energy Resources, Inc. (NASDAQ: TRCH) stock surged almost 25.95% to $0.799 in after-hours. So, what does it mean? And why did TRCH stock trend up today?

With these questions in the head, the last information available to investors was published by Torchlight Energy Resources on December 3, 2020.

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), on the above-given date, officially revealed that the developer of its Hazel Project had begun the flow back phase on the Flying B Ranch # 4H.

Due to the amount of water used in the stimulation, flowback could take considerable time. As soon as the operator has hydrocarbon or output indications, those details will be announced by the Firm.

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