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 Miner1967on Apr 21, 2016 3:15am

119 Views

Post# 24792422

RE:RE:Take over target

invest99 wrote:

fredrinas wrote: @ what price take over price Torc?

TOG is too expensive to be a takeover target. See its $/boepd and $/MMboe.

If you want to find takeover targets, see debt-free companies like Yoho Resources (YO) and Chinook Energy (CKE). The latter also holds more than C$30 million cash as we speak.