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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 filefishon Dec 11, 2019 4:24pm
147 Views
Post# 30445386

2020 Budget

2020 Budgethttps://torcoil.com/2019/12/torc-oil-strategic-southeast-saskatchewan-acquisition-increased-2018-production-guidance-increase-to-the-dividend-2-2-2-2-2/

N
ot very exciting at all. I guess all we have going here is a decent sustainable divident yield to look forward to. What is the reason for adding another Director? Seems like BOD guidance of TOG's Operation is pretty straight forward .I suppose that discontinuing the Dividend Reinvestment plan might be considered a positive for those who are not participating. Not sure how CPPB feels about this unless they said they have enough shares and dont want further ownership, 
 
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