Toro Oil & Gas Ltd (KEGYD) 0.8190 $KEGYD
Toro Announces 2015 Capital Budget and Strategy
Marketwired - Thu Jan 22, 5:01AM CST
Toro Oil & Gas Ltd. (TSX VENTURE: TOO) ("Toro" or the "Company"
announces its approved capital budget and strategic plan for 2015. In light of the current low commodity price environment and limited visibility on timing for recovery, Toro's Board of Directors approved a 2015 conservative capital expenditure program of $12 million. The Company intends to limit capital spending in the first half of the year and defer drilling expenditures to the second half of 2015, providing maximum financial flexibility while preserving shareholder value.
TOO.VN: 0.700 (+0.030)
Toro Announces Closing of Strategic Acquisition of Alberta Viking Asset Arrangement of $25 Million Credit Facility
Marketwired - Fri Dec 19, 3:06PM CST
Toro Oil & Gas Ltd. (TSX VENTURE: TOO) ("Toro" or the "Company" is pleased to report the previously announced acquisition of high quality, low decline, Viking light crude oil producing assets located in east central Alberta (the "Assets" closed today. Total consideration of $25.0 million was satisfied through a cash payment of $22.5 million and the issuance of 1,191,895 common shares of the Company, exclusive of normal closing adjustments.
TOO.VN: 0.700 (+0.030)
Toro Announces 2015 Capital Budget and Strategy
Marketwired - Thu Jan 22, 5:01AM CST
Toro Oil & Gas Ltd. (TSX VENTURE: TOO) ("Toro" or the "Company"
announces its approved capital budget and strategic plan for 2015. In light of the current low commodity price environment and limited visibility on timing for recovery, Toro's Board of Directors approved a 2015 conservative capital expenditure program of $12 million. The Company intends to limit capital spending in the first half of the year and defer drilling expenditures to the second half of 2015, providing maximum financial flexibility while preserving shareholder value. TOO.VN: 0.700 (+0.030)
Toro Announces Closing of Strategic Acquisition of Alberta Viking Asset Arrangement of $25 Million Credit Facility
Marketwired - Fri Dec 19, 3:06PM CST
Toro Oil & Gas Ltd. (TSX VENTURE: TOO) ("Toro" or the "Company"
is pleased to report the previously announced acquisition of high quality, low decline, Viking light crude oil producing assets located in east central Alberta (the "Assets" closed today. Total consideration of $25.0 million was satisfied through a cash payment of $22.5 million and the issuance of 1,191,895 common shares of the Company, exclusive of normal closing adjustments. TOO.VN: 0.700 (+0.030)
