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VIRGINIA HILLS OIL CORP VFGGF

"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 by User

Comment by nlr2on Aug 16, 2013 1:40pm
98 Views
Post# 21676729

RE:nlr

RE:nlrHaha I try to have a bit better takes then that Gas guy. How about this I won't comment and I'll hope for the best and when they release year end then we shall see where they are at and discuss it then. The thing I wonder is why they would not, if they knew already that they were going to write off Q3, not reduce the exit guidance from 6000 BOE/D? Like if your coming clean why would you not go all the way and reduce to 4500 and say your protecting the balance sheet, lowering declines yadda yadda? That must mean that they are going for it, rightly or more likely wrongly. Anyways just have to keep an eye on their spuds and see if they hit 18 early enough. Talk to you when year end is released and see where they are at going into 2014.
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