TORC Oil & Gas Ltd. announced the appointment of Catharine M. de Lacy to the Company's Board effective December 11, 2019. Ms. de Lacy is an independent businessperson and strategic advisor with more than 30 years of prior executive experience globally across a variety of industrial sectors: oil and gas; mining and refining; chemicals and specialty materials; manufacturing; and private label and branded consumer products. She has previously been elected as a Corporate Officer of three Fortune 500 corporations.

The company confirmed that the December 2019 dividend of $0.025 per common share will be paid on January 15, 2020 to common shareholders of record on December 31, 2019, with payment to be made in cash or common shares at the election of the shareholder.