09:52 AM EST - Toro Oil & Gas Ltd. : announced its financial and operating results for the three months ended March 31, 2015. The company generated $0.4 million in operating cash flow, excluding cash flow from assets held for sale and prior to corporate overhead expenditures. Toro anticipates commencing an active drilling program on its Viking lands resulting in growing production and cash flow, lower costs ($/boe) and positive cash netbacks. Quarterly loss registered at $4.39 million, compared to a $40,000 gain in the prior-year quarter. Toro Oil & Gas Ltd.
shares V.TOO are trading unchanged at $0.70.
