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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 Cheadle12on Sep 16, 2020 11:06pm
212 Views
Post# 31572558

CPPIB

CPPIBsay that they're going to provide support for their holdings to go out and make deals that are accretiv to their subsidiaries / holdings.

So I wonder if that applies to Torc.   Would make sense, being a 23kpbd producer is in a 'an outdated model'.. so if they can acquire and double production cheaply, that's a good thing.

Eric Nutall_there claims Torc along with Whitecrap will be accumulators and consolidate names... 

Thoughts here welcome, intelligent discussion only (no trolling from TOG baghodlers please and thank-you).  
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