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Bullboard - Stock Discussion Forum 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... see more

OTCPK:VREYD - Post Discussion

TORC Oil & Gas Ltd. > Here it is. Looks great
View:
Comment by Chris007 on Nov 05, 2020 4:32pm
Pretty decent results overall. Even managed to pay down debt by $31,500,000
Comment by filefish on Nov 05, 2020 4:34pm
Nothing too exciting one way or the other. Pretty much a typical TOG report. Good that they are concentrating on debt reduction as the highest priority. Still, they must make themselves relevant as an ongoing concern or else find a merger partner. No long term future as a 25k/boed producer in todays market.   
Comment by MrICE on Nov 05, 2020 5:09pm
Paying down debt is great . We are sustainable for long term if this pandemic goes long . Great upside when markets and demand begin to return to normal.  We do need to make a move and get bigger while we have a chance. 
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