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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."

GREY:VFGGF - Post Discussion

VIRGINIA HILLS OIL CORP > Any Guesses?
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Post by nlr2 on Apr 08, 2014 5:05am

Any Guesses?

Anyone care to hazard a guess on the production figures? If the quarter comes out in the morning disregard. Haha. 

My guess is production is slightly down but with the November waterfloods starting to show a response.
Comment by Yamahauler on Apr 08, 2014 10:27am
My guess is wells are averaging around 1000 boe each. I wouldnt think a water line has been put in due to winter/cold/freeze issues. The trucking of the water to inject these wells is probably getting old in a hurry. I dont doubt they've given up on the trucking water due to costs and thus the low amounts. IMOA If a water line has been created and pushing the goo out of the wells, different ...more  
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