Toro Venture Inc. (TORO) is Thinking Domestically
QualityStocks (July 9th, 2008) Writes:
Toro Ventures Incorporated is an oil and gas exploration company with headquarters in Seattle, Washington. Trading on the OTCBB, they focus their efforts on finding projects that are low-risk to generate cash flow, and on finding larger projects that they can develop as joint ventures. Toro believes they can offer their shareholders value in the near term by securing opportunities that they can develop using existing infrastructure and the experience of established oil and gas operators.
Toro Ventures also believes they can play a role in reducing US dependency on foreign oil by being an active explorer and developer of proven domestic reserves. They have recently entered into a Letter of Intent (LOI) in Oklahoma. This LOI is with Nitro Petroleum on the Crown Oil and Gas Lease in Pottawatomie County. The company is moving aggressively into the oil and natural gas exploration business because of increased world demand, short
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