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Petro-Victory Energy Corp V.VRY

Alternate Symbol(s):  PTVRF

Energy Oil & Gas E&P
Petro-Victory Energy Corp. is an oil and gas company, which is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. The Company holds working interests in 38 licenses on approximately 257,604 acres in two oil-producing basins in Brazil, namely Potiguar Basin and Barreirinhas Basin. The Potiguar Basin is located in the eastern portion of the northeast region of Brazil extending through the states of Rio Grande do Norte and Ceara. The onshore sedimentary area of the basin covers an area of approximately 7.5 million acres and the basin extends offshore from shallow water to ultra-deep water. The Barreirinhas Basin is located on the Brazilian equatorial margin on the coast of the state of Maranhao and covers an area of approximately 2.5 million acres onshore and extends offshore from shallow water to ultra-deepwater.


TSXV:VRY - Post by User

Petro-Victory Energy Corp
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Post by lassapooghon Oct 20, 2014 9:34pm
174 Views
Post# 23045569

More key information?

More key information? Admittedly I skimmed the news this morning due to being at work however I have read the news thoroughly tonight. I missed this comment which I think is very important and really tips management's hand: Production Taking account the prospect of liquid hydrocarbons, initial contingent planning has commenced with a view to first phase production commencing during 2015. President views this timescale as feasible subject to satisfactory testing. Read more at https://www.stockhouse.com/news/press-releases/2014/10/20/oil-discovery-in-paraguayan-chaco#PdaKcwElLBErZZc1.99 They seem quite sure they will be producing soon!!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities