TORC Oil & Gas Ltd. T.TOG

Primary Symbol: VREYD

Energy Oil & Gas E&P

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

TORC Oil & Gas Ltd.

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Comment by liquidcoolon Feb 13, 2013 7:39pm

303 Views

Post# 20984929

RE: RE: RE: Trading/ Rumination

I think GSY are in a procarious situation:

Mr. Peter Salamon reports

ARGOSY ENERGY INC. ANNOUNCES TSX LISTING REVIEW AND PROVIDES AN OPERATIONAL UPDATE

The Toronto Stock Exchange (TSX) has informed Argosy Energy Inc. that it is reviewing the eligibility for continued listing of Argosy's common shares on the TSX. The TSX initiated its delisting review pursuant to its continued listing criteria and as a result of the market value of the company's TSX-listed shares, the company's financial condition, and management deficiencies including not currently having a designated chief financial officer. The market value of Argosy's listed equity has declined to less than the required $3.0-million for a period of 30 consecutive days.

The company is being reviewed under the TSX's remedial review process and has been granted 60 days to comply with all requirements for continued listing. If the company is unable to demonstrate on or before March 21, 2013, that it meets all TSX requirements for continued listing, the company's securities will be delisted 30 days from such date

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