TORC Oil & Gas Ltd. provided production guidance for the year 2020. The company anticipated that the revised $80 million 2020 capital budget will result in 2020 exit production of 25,000 boepd (83% light oil; 5% NGLs). Based on this production profile and the Company's long term focus on production decline management, TORC expects that the Company's production decline will decrease to approximately 20% by year-end 2020.