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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. > Q1 estimates
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Comment by MustangMatton May 03, 2019 3:11pm
90 Views
Post# 29708432

RE:RE:Q1 estimates

RE:RE:Q1 estimatesTimeBuilder, seems like Torq is in a good spot, right now and going forward according to the presentation 73% of volume is sold at LSB.  85% is downstream of pipeline bottlenecks.  Torq's Alberta operations are under the 10,000 barrel a day curtailment limit.  Therfore, no effect on the Alberta operations.  I predict 10 million exess cash for the qtr, hopefully gone to pay down debt.

Time will tell cheers Matthew
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