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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 burtyburtyon Nov 09, 2014 1:27pm
129 Views
Post# 23111341

RE:Do you own other stocks on the venture...?

RE:Do you own other stocks on the venture...?I agree 100%; this is so different from 99% of other Venture exchange deals. 

 Let’s look at our partner President Energy for a min.  They were recently funded by the World Bank (world bank owns 12% of President Energy) after extensive due diligence.  President Energy CEO, Peter Levine has a personal Net Worth of 180 million.  His past successes include Imperial Energy which in 2004 was valued at 2.25m pounds. In 2008, Imperial accepted a 1.4billion pound takeover bid by ONGC, the state-owned Indian energy giant.  Richard Gonzales, Petro Victory CEO was former co-founder of Bankers Petroleum (BNK). 

Now please tell me how many other 0.35 cent Venture stocks have this kind of management pedigree?
Bullboard Posts