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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 by User

VIRGINIA HILLS OIL CORP > Share price going up
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Comment by ofirmeon Feb 06, 2014 2:15pm
104 Views
Post# 22180547

RE:RE:RE:RE:RE:RE:Share price going up

RE:RE:RE:RE:RE:RE:Share price going upThe investments were already done. $295M OF EQUITY + $140M OF CASHFLOW + $130 OF 
 DEBT = $565M of total investments. now the question is if there will be a return of investment and
 on investment. if waterflooding works as planned, the answer will be a big yes.

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