TORC Oil & Gas Ltd. (OTCMKTS:VREYF – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday. 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 changing hands.
TORC Oil & Gas Stock Down 7.1%
The stock’s 50 day moving average is $2.48 and its 200-day moving average 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 and producing light oil and associated natural gas. Its operations centered on conventional and resource-based assets in the Western Canadian Sedimentary Basin.
The company’s principal activities included acquiring petroleum properties, drilling and completing wells, and managing oil and natural gas production. TORC was particularly associated with light-oil projects in southeastern Saskatchewan, including the Bakken and Shaunavon areas, and maintained a portfolio of development opportunities in Western Canada.
TORC Oil & Gas was acquired by Crescent Point Energy Corp.
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