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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

Post by MustangMatton Mar 11, 2020 12:00pm
239 Views
Post# 30793547

Have to cut.

Have to cut.Torc has to cut.

If they eliminate the dividend.  That saves them 67million.  They would still need $45 oil not to add more debt.  

Management put the company at risk by not hedging.

Bad times for all,

cheers Matthew
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