In line with its business model of growth coupled with a sustainable dividend, Torc Oil & Gas has completed its $430 million acquisition of assets in southeastern Saskatchewan and Manitoba from Surge Energy Inc. Closing the deal boosts Torc’s portfolio of high-quality light oil assets that complement its existing holdings in the area.The acquisition adds production of 4,750 boe/d (98% oil & NGLs) and reserves of 12.5 MMboe proved (72% PDP) plus 9.4 MMboe......
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