No torque wrench, just years of experience. The butterfly valve seats wraps around the face of the valve, the valve body has a rib on the O.D. that contacts the mating flange when the seat is fully compressed. Adding a zillion foot-pounds of torque has no effect on the sealing of valve to flange. Once the rib hits the flange you're done and the valve is sealed. Factory recommends 35 ft-lbs, so just a good one-arm pull is all that's needed.Again, with almost no piping experience but lots of fastener experience, I think your studs will work just fine.
Whacha using for a torque wrench?