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TORC Oil & Gas Ltd. 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 May 03, 2019 2:44pm
101 Views
Post# 29708214

Q1 estimates

Q1 estimatesAny estimates on Q1 ?  

Torq did not give alot of guidance on a qtr. by qtr basis.  My guess is 28,000 barrels per day.  WTI averaged just under $54 but 3 quarters of the volume sold is at LSB prices, higher then WTI.

Should be 10 million or so in excess cash flow for Q1 is my guess.  Cheers Matthew
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