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TORC Oil & Gas Ltd. 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. > From Bow Tie Man
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Comment by tracker11on Oct 01, 2020 5:51am
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Post# 31647336

RE:RE:From Bow Tie Man

RE:RE:From Bow Tie Man
MrICE wrote: I'm a subscriber because I like to know what the bulls (Eric Nuttall) and the bears (Josef Schachter) have to say. But both say oil will go to $50 to $60. The difference is their timeline. 


Although I'm as concerned as every oil investor, I take some comfort in knowing that a heavyweight like CPPIB that is a 29% stake owner in TOG will tough it out and wait for higher oil prices as predicted by the likes of Russian energy minister Aleksandr Novak, and many American institutions like JP Morgan for oil reaching possibly $100 per barrel. Please see June 19, 2020 article on JP Morgan.... https://oilprice.com/Energy/Energy-General/JP-Morgan-Predicts-100-Oil.html
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