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.

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Petro-Victory Energy Corp

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Comment by fortfryon Feb 18, 2017 2:14pm

75 Views

Post# 25865783

RE:RE:Fortfry Missing Something?

Last news release same as here. Company has no reason why somebody bought alot of shares in OCT 2016 almost half a year ago. Hard to interprate this as bullish. I dont see anything bullish in the news. Even if news from years gone by was bullish if the shares are still a cent the news did nothing for the stock. Let me say however barcharts rates this a buy in a sustained uptrend and positive sentiment could well be fueled by the breakout move in MOO. Any info on assets and finances and plans of the company going forward would be appreciated

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