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Bullboard - Stock Discussion Forum Petro-Victory Energy Corp V.VRY

Alternate Symbol(s):  PTVRF

Energy Oil & Gas E&P
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... see more

TSXV:VRY - Post Discussion

Petro-Victory Energy Corp > VRY Great News Today
View:
Post by Sunsandsea123 on May 02, 2023 12:22pm

VRY Great News Today

VRY Petro-Victory Energy Corp Announces 43% Increase in Proved Plus Probable Reserves of 6.939 Million Barrels of Oil Equivalent and PV10 Valuation of CAD$346.3 million (USD$255.7 million)

https://ceo.ca/@newswire/petro-victory-energy-corp-announces-43-increase-in

The company's shares are very tightly held. This is great for the investor. In these times a company like this could be a very good place to park some cash. I have been accumulating at these prices for some time now, have a nice little position and lots of patience. About 75% to 80% of the shares when fully diluted are held by insiders and institutions. Have A look at the Capital Structure on pg 22 in the Investor Presentation found on Petro-Victory Energy website, google, Petro-Victory-Investor-Presentation-July2022 (2).pdf.

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