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 PAGODA5on Oct 02, 2014 11:58am

227 Views

Post# 22991465

RE:RE:RE:RE:low price = more later

The low oil prices is merely a mirage as was posted in the CNBC clip. This is traders and speculators, watching the US dollar and selling oil as a result. The actual fundamentals could not be more different. I mean look at this realistically, you have the largest oil producer in the world currently facing sanctions with the possibility of more to come and yet we still see oil trending downward? In 9/10 scenarios, that factor alone drives oil prices higher but there is still more. ISIS/ISIL..in Iraq, ebola in Nigeria....the risks go on and on. I am a buyer here....I have been nibbling and will continue to do so. I see this changing quickly...$100 WTI/$110 Brent by January

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