Torquay

  • TORC’s Q2 Output Declines Due To Voluntary Shut-Ins

    Due to voluntary shut-in volumes, TORC Oil & Gas Ltd.’s quarterly production averaged 24,905 boe/d, from 28,515 boe/d in the first quarter of 2020 and 28,326 in the second quarter of 2019.

    July 29, 2020, 2:32 PM MDT

  • TORC Outlines 2020 Spending Plan

    TORC Oil & Gas Ltd. announced an initial 2020 capital budget of $190 million, up $10 million from expected spending in 2019.

    December 11, 2019, 3:15 PM MST

  • Gear Improves Q2 Production

    Record quarterly production was delivered during the second quarter of 2019 with an increased weighting to higher netback light oil, reports Gear Energy Ltd.

    August 8, 2019, 9:30 AM MDT

  • Despite Output Restrictions, Gear Says No Change To Guidance

    Production through January and February 2019 to date has been restricted by ongoing pipeline apportionments, temporarily reduced crude by rail takeaway, bouts of extreme cold weather and third party shut-ins.

    February 28, 2019, 12 AM MST

  • Gear To Acquire Steppe Resources

    Gear Energy Ltd. has entered into a definitive agreement to acquire Steppe Resources Inc., a private oil and gas company, to boost its light oil production.

    July 23, 2018, 7:55 PM MDT

  • Torquay Likely Driver Of $15.63 Million Saskatchewan Land Sale

    The June offering of Crown petroleum and natural gas rights (P&NG) in Saskatchewan raised $15.63 million in revenue for the province on Tuesday, with land prospective for the Torquay helping to drive results.

    June 8, 2018, 8:56 AM MDT