Bullboard - Stock Discussion Forum VIRGINIA HILLS OIL CORP VFGGF

Energy Oil & Gas E&P

"Virginia Hills Oil Corp, formerly Pinecrest Energy Inc was incorporated under the ABCA on March 24, 2006 under the name Testudo Oil & Gas Exploration Ltd. The Company is a Calgary, Alberta-based oil and natural gas exploration, production and development company with operations in the Canadian provinces of Alberta and Saskatchewan."

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VIRGINIA HILLS OIL CORP > This is BS...

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Post by waw33 on May 13, 2013 9:19pm

This is BS...

No waterflood numbers... ....

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Comment by waw33 on May 13, 2013 9:42pm

I guess even though raw numbers aren't there, the 23% avg production compared to 3 months prior shows it for sure. They made 2 cents a share instead of 3 but it looks like this was because they got all their supplies in order for break up ahead of time. So they'll be spending no money until they drill again in July. Not a bad plan, cause it costs more to transport during break up. Lower ...more

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Comment by bobby1231 on May 13, 2013 9:47pm

4315 is good and on pace to exit higher then 6000 IMO

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Comment by tulsatea on May 13, 2013 10:44pm

Not bad results. However, they are shutting down drilling because of break-up. It will be a rough summer for the stock. I think the stock will bounce back in the fourth quarter of 2013. Waterfloods take a long time to show results.

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