Great Lakes Advisors LLC acquired a new stake in TORC Oil & Gas Ltd. (OTCMKTS:VREYF – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 201,683 shares of the company’s stock, valued at approximately $2,694,000.
TORC Oil & Gas Stock Performance
VREYF stock opened at $2.48 on Friday. The company has a fifty day moving average of $2.48 and a 200-day moving average of $2.48. TORC Oil & Gas Ltd. has a one year low of $0.30 and a one year high of $2.67.
TORC Oil & Gas Company Profile
TORC Oil & Gas Ltd. was a Canada-based exploration and production company focused on the acquisition, development and production of crude oil and natural gas properties in Western Canada. The company’s core activities centered on light oil assets in the Viking formation within the Williston Basin, with major operations in west-central Saskatchewan and parts of Alberta. Using horizontal drilling paired with multi-stage fracturing techniques, TORC pursued efficient, capital-disciplined development of its resource base while emphasizing operational performance and environmental stewardship.
In its pursuit of sustainable growth, TORC implemented pad drilling to optimize well spacing and minimize surface disturbance, alongside enhanced completion techniques designed to reduce greenhouse gas emissions and water usage.
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