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

Bullboard Posts

Comment by CREAMSHOWon Nov 19, 2016 12:24am

64 Views

Post# 25484129

RE:RE:RE:Just the facts Mam

There keeping it alive for some reason..

Joe454 wrote: True , even still the boe is enormous , the next update will be key.
m8magic wrote: vry has no part of presidents other concessions...only the lapacho/jacaranda/ and the third target..Heranandarias is between president and Gonzales private...although the possibility is Gonzalas could roll it into VRY....who knows
Joe454 wrote:
Pirity and Hernandarias Concessions now estimated by President to hold some 3Tcf and 440MMbbls (equivalent to 940 MMboe) of gross mean Prospective Resources in six identified main structures ....... At least 23 additional leads in Cretaceous and Palaeozoic plays identified by the new and reprocessed seismic data ....... Application made for new licence area and reorganisation of certain of Presidents other areas of interest ....... The work carried out by President over the last three years has shown its assets to be in a world class exploration area, situated in a low-cost basin, where discoveries can be commercialised expeditiously at premium prices into a domestic market where there is no current local production. In addition there are multiple options for export of oil and gas to adjacent energy hungry countries.