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TORC Oil & Gas Ltd. T.TOG


Primary Symbol: VREYD

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.


OTCPK:VREYD - Post by User

Bullboard Posts
Post by Robinbrookon Sep 18, 2009 12:27pm
624 Views
Post# 16318754

TDW letter

TDW letterWaterhouse sent a letter and 2 options are offered.  Op 1 receive 14.75 cash or Op 2 to receive .5350 of pbn share for each tog share.

Also offered option to pay tax on conversion (this tax year) or pay tax on sale of pbn in future.
Bullboard Posts