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Invicta Energy Corp V.VCA



TSXV:VCA - Post by User

Comment by chucker6on Mar 16, 2012 8:24pm
287 Views
Post# 19683759

RE: RE: RE: RE: Nice update

RE: RE: RE: RE: Nice update

Ok here's my guess, VCA sells down to 25% of there property to RRX who gains operator status. VCA recieves 15-18 million to drill there 100% owned lands in Sask/Alberta. RRX doubles drilling scheduled on the properties and VCA ends over 1200 bopd in 2012. RRX just completed 23 million and financing and will probably recieve 20 million in warrants due in one month. Well capitalized and eager to acquire.

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