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Daily Market Alert for Toreador Resources Corp.
0 Comments | M2 Presswire, December, 2006
M2 PRESSWIRE-6 December 2006-bellwetherreport.com: Daily Market Alert for Toreador Resources Corp(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:06122006 Daily Market Alert for Toreador Resources Corp (NASDAQ:TRGL) Toreador Resources is looking to the bull market in oil prices to lift its revenues.
The oil and gas explorer, which focuses on exploration opportunities in the international arena, owns royalty and mineral interests in properties located in France, Hungary, Romania, and Turkey. In 2004 the company sold its US hydrocarbon properties, but retains stakes in more than 940 oil and gas wells in Kansas, Louisiana, New Mexico, Oklahoma, and Texas. Toreador, which has proved reserves of 15 million barrels of oil equivalent, sells its oil and gas to refiners...
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