TSXV:VCA - Post Discussion
Post by
chucker6 on Mar 23, 2012 8:26pm
Joarcam Partner
Looked at the presentation again and tried to figure out who there 40% partner is on the Joarcam property. Well with the magic of google it looks like there partner is Lengend Oil & Gas, there are a American company that has been staking land in Alberta. Check out the presentation, estimates of intial IP rates of 175 bopd and the NPV looks ausome. I'm buying more of this baby. Hopefully VCA will hang on to 25% of the Kindersley which is proven to be a money maker and take that 18 mill ? and get drilling in Alberta. 225 thousand barrels recoverable per well.
https://legendoilandgas.com/wp-content/uploads/2011/01/Legend-Presentation-October-2011.pdf
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