11:53 AM EST - TORC Oil & Gas Ltd. : announced its financial and operating results for the year ending December 31, 2013. The company significantly increased production year over year while also reducing TORC's corporate decline rate to approximately 25% from over 40%. TORC generated cash flow of $96.5 million for 2013. The company also closed 2013 with a strong balance sheet with net debt of $145 million on an available credit facility of $350 million. TORC Oil & Gas Ltd.
shares T.TOG are trading down $0.30 at $10.85.
