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Petro-Victory Energy Corp V.VRY

Alternate Symbol(s):  PTVRF

Petro-Victory Energy Corp. is an oil and gas company, which is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. The Company holds working interests in 38 licenses on approximately 257,604 acres in two oil-producing basins in Brazil, namely Potiguar Basin and Barreirinhas Basin. The Potiguar Basin is located in the eastern portion of the northeast region of Brazil extending through the states of Rio Grande do Norte and Ceara. The onshore sedimentary area of the basin covers an area of approximately 7.5 million acres and the basin extends offshore from shallow water to ultra-deep water. The Barreirinhas Basin is located on the Brazilian equatorial margin on the coast of the state of Maranhao and covers an area of approximately 2.5 million acres onshore and extends offshore from shallow water to ultra-deepwater.


TSXV:VRY - Post by User

Bullboard Posts
Comment by sethroon Oct 18, 2014 8:01pm
167 Views
Post# 23041080

RE:RE:RE:RE:Dont be fooled by the OS

RE:RE:RE:RE:Dont be fooled by the OS
You don't find that many juniors these days where the CEO actually believes in his own company and is willing to put up some serious dough.


"Accordingly, Richard F. Gonzalez, of Dallas, Texas, beneficially owns 25,509,588 Common Shares and 23,023,746 Restricted Voting Shares of the Company, representing approximately 14.8% of the issued and outstanding voting securities of the Company on a non-diluted basis and 21.8% of the issued and outstanding securities of the Company, assuming conversion of the Restricted Voting Shares. Mr. Gonzalez also holds options to acquire 5,052,056 Common Shares at a price of $0.40 per Common Share."
Bullboard Posts