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Compass Venture Inc T.CVI.A


Primary Symbol: V.CVI.P

Compass Venture Inc. is a capital pool company. The principal business of the Company is the identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has no assets and has not generated any revenues.


TSXV:CVI.P - Post by User

Comment by easyoilon May 09, 2014 3:59am
253 Views
Post# 22542283

RE:nice to see medco discussing block 9 plans with govt

RE:nice to see medco discussing block 9 plans with govtIt seems like Medco is still relatively happy with the investment in Block 9 even thou the production has not ramped up as expected. They paid $90m for the stake and they have already got back $26m in cash flow after taxes and investments. The company has stated that they would like to be operator in more blocks in the future, so I guess it’s not impossible that they could be interested in Calvalley stake in the block in the future.
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