Whitecap Resources Inc. and TORC Oil & Gas Ltd. are pleased to announce that securityholders from both companies have voted to support the proposed business combination announced on December 8, 2020 to combine the two companies. On February 18, 2021, Whitecap and TORC held separate special shareholder meetings via live webcast. Each company's [...]
Whitecap Resources Inc. and TORC Oil & Gas Ltd. are pleased to announce a business combination of two strong energy franchises resulting in a well-capitalized, low decline, light oil weighted company with an attractive free funds flow profile. Whitecap and TORC have entered into a business combination agreement under which the companies have agreed [...]
TORC Oil & Gas Ltd. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2020. The associated management's discussion and analysis and unaudited interim financial statements as at and for the three and nine months ended September 30, 2020 can be found at www.sedar.com and www.torcoil.com [...]
TORC Oil & Gas Ltd. is pleased to announce the completion of the Company's inaugural Sustainability Report, highlighting the Company's efforts and commitments to responsibly develop the Company's natural resources. The Sustainability Report exemplifies TORC's core values of integrity and respect for the environment and the health, safety, and [...]
TORC Oil & Gas Ltd. is pleased to announce its financial and operating results for the three and six months ended June 30, 2020. The associated management's discussion and analysis and unaudited interim financial statements as at and for the three and six months ended June 30, 2020 can be found at www.sedar.com and www.torcoil.com. Highlights Three [...]
TORC Oil & Gas Ltd. is pleased to announce the Company's credit facility has been confirmed at $425 million, with the borrowing base determination dates under the credit agreement to be amended to May and November annually, from April and October. TORC has received formal lender commitments from all syndicate members and expects credit [...]
TORC Oil & Gas Ltd. has executed an agreement with its syndicate of lenders to extend the Company's annual redetermination date under its credit agreement to June 30, 2020. The purpose of the extension is to permit additional time to assess market dynamics, including the proposed Export Development Canada and Business Development Bank programs [...]
TORC Oil & Gas Ltd. announces that the following matters were voted upon at the annual and special meeting of the shareholders of TORC held on May 6, 2020 in Calgary, Alberta. 1. Fixing the Number of Directors By resolution passed via ballot, the number of directors of TORC to be elected at the meeting was fixed at nine. The results of the ballot [...]
TORC Oil & Gas Ltd. is pleased to announce financial and operating results for the three months ended March 31, 2020. The associated Management's Discussion and Analysis and unaudited interim financial statements as at and for the quarter ended March 31, 2020 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended March 31 [...]
TORC Oil & Gas Ltd. is pleased to confirm that a cash dividend of $0.005 per common share will be paid on May 15, 2020 to common shareholders of record on April 30, 2020. The ex-dividend date is April 29, 2020. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. TORC Oil & Gas Ltd. is a Calgary based [...]
TORC Oil & Gas Ltd. announces a reduction in the monthly dividend from $0.025 per month to $0.005 per month and an ongoing review of capital spending plans for the remainder of 2020. MONTHLY DIVIDEND TORC confirms that a cash dividend of $0.005 per common share will be paid on April 15, 2020 to common shareholders of record on March 31, 2020. The [...]
TORC Oil & Gas Ltd. is pleased to announce financial and operating results for the three months and year ended December 31, 2019 and to provide 2019 year-end reserves information as evaluated by Sproule Associates Limited . The associated Management's Discussion and Analysis dated February 27, 2020 and audited financial statements as at and for the [...]
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