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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. > If opec ...
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Post by MrICE on Dec 02, 2020 2:56pm

If opec ...

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.
Comment by tracker11 on Dec 03, 2020 6:12am
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.
Comment by MrICE on Dec 03, 2020 12:05pm
Oil Looks to be Pretty stable with those little increases. That's great
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