Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Whats Up??
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(4)
•••
Comment by ofirmeon Jun 03, 2014 5:21pm
251 Views
Post# 22626699

RE:Whats Up??

RE:Whats Up?? If  the main waterflooding is only 6 month old and stable or growing, the legacy verticals are stable
 and there is minimal decline on the 54 horizentals that are not waterflooded yet, what is the 
 value of 1950bbl/day net oil plus lands with 100 sections with economic viability?
Deduct $120M of debt of that.
I would guess way more than $140M current enterprise value, but what do I know...
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities