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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 Mar 23, 2020 10:56am
210 Views
Post# 30837330

Seriously

SeriouslyWhy can't this work?

Whitecap take over / merge with Torq.  CPP rolls it's shares into Whitecap.

New financiang, get the CPP to back a new financing with a few other book runners Peters and company etc,+-200 million, give CPP a board rep. at Whitecap.

Combined company would be +-100,000 boe/day.  Loaded with talented mangement, CPP finance backing, political connections, +-21% decline rate, 1.4 billion debt, 200 million cash, 

I have been banging this drum for a while, the two together is a much stronger company.

Cheers Matthew


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