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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 retiredcfon Nov 02, 2020 6:18am
215 Views
Post# 31821601

Comparison

ComparisonWhich of these two companies is more likely to both survive and thrive in the long term, Whitecap Resources or TORC Oil & Gas?

TOG has a better balance sheet and we would side with it for both ability to survive and potential to thrive long term (ie. in a post covid recovery). 

This was the response from 5iResearch when asked last week. GLTA
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