FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * McCabe Greg   2. Issuer Name and Ticker or Trading Symbol TORCHLIGHT ENERGY RESOURCES INC [TRCH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 500 WEST TEXAS AVE., SUITE 890 3. Date of Earliest Transaction (Month/Day/Year) 09/30/2015 (Street) MIDLAND, TX 79701 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 09/30/2015   J(1)   97,772 A $ 1.15 4,397,772 D   Common Stock 09/30/2015   J(1)   16,295 A $ 1.15 16,295 I See footnote (2) Common Stock 12/31/2015   J(1)   78,904 A $ 1.15 4,476,676 D   Common Stock 12/31/2015   J(1)   13,150 A $ 1.15 29,445 I See footnote (2) Common Stock 03/31/2016   J(1)   78,046 A $ 1.15 4,604,722 (3) D   Common Stock 03/31/2016   J(1)   13,008 A $ 1.15 42,453 I See footnote (2) Common Stock 06/08/2016   J(1)   59,178 A $ 1.15 4,663,900 D   Common Stock 06/08/2016   J(1)   9,863 A $ 1.15 52,316 I See footnote (2) Common Stock 06/08/2016   C(4)   2,608,696 A $ 1.15 7,272,596 D   Common Stock 06/08/2016   C(4)   434,783 A $ 1.15 487,099 I See footnote (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Warrants

$ 1

04/04/2016

P

1,500,000

04/04/2016

04/04/2021

Common Stock

1,500,000

(5)

1,500,000

I

See footnote (6)

Series A Convertible Preferred Stock

$ 1.15

06/08/2016

C

30,000

06/09/2015

(7)

Common Stock

2,608,696

$ 100

0

D

Series A Convertible Preferred Stock

$ 1.15

06/08/2016

C

5,000

06/09/2015

(7)

Common Stock

434,783

$ 100

0

I

See footnote (2)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
McCabe Greg 500 WEST TEXAS AVE. SUITE 890 MIDLAND, TX 79701	X	X

Signatures

/s/ Greg McCabe		07/29/2016
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares received as quarterly interest payment due on Series A Convertible Preferred Stock.
(2)	Securities owned of record by G Mc Exploration, LLC, in which the reporting person owns 50% of the outstanding membership interests.
(3)	This amount includes the 50,000 total shares of common stock acquired by the reporting person on February 16, 2016, as reported in his Form 4 filed on February 18, 2016. In the February 18 Form 4, the amounts referenced in column 5 therein incorrectly omit the 97,772 and 78,904 shares of common stock acquired by the reporting person on September 30, 2015 and December 31, 2015, respectively, as reported herein.
(4)	Conversion of Series A Convertible Preferred Stock.
(5)	The issuer issued these warrants to McCabe Petroleum Corporation as consideration for the conveyance of an interest in certain oil and gas leases.
(6)	Securities owned of record by G McCabe Petroleum Corporation, of which the reporting person is the sole owner.
(7)	The Series A Convertible Preferred Stock is convertible into common stock with no expiration date.

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