TORC Oil & Gas Ltd. (OTCMKTS:VREYF – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $2.48 and traded as high as $2.5439. TORC Oil & Gas shares last traded at $2.48, with a volume of 17,000 shares.
TORC Oil & Gas Stock Down 7.1%
The company’s 50 day moving average price is $2.48 and its 200-day moving average price is $2.48.
About TORC Oil & Gas
TORC Oil & Gas Ltd. was a Canadian oil and natural gas exploration and production company focused primarily on developing conventional petroleum assets. Its operations emphasized light oil and associated natural gas production, along with activities such as drilling, development, and the optimization of producing properties.
The company’s principal assets were located in Western Canada, including properties in southeast Saskatchewan and Alberta. TORC pursued a growth strategy centered on oil-weighted resource opportunities and operated or held interests in producing fields and undeveloped land prospects in the region.
TORC Oil & Gas was led by a management team with experience in Canadian energy exploration and production.
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