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.

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TORC Oil & Gas Ltd. > If opec ...

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Comment by tracker11on Dec 03, 2020 6:12am

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Post# 32024386

RE:If opec ...

MrICE wrote: If,if,If OPEC keeps the current production levels for few more months. Torc will jump big Even if oil prices stay at this $45ish level. The confidence that oil demand should stay near this level and not glut prices is huge.

As reported about one hour ago in Investing.com it would appear that OPEC+ has reached some agreement to a slight increase in production of 500,000 bpd starting January 1st. Let's see how this pans out for oil prices at the open.

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