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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."

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VIRGINIA HILLS OIL CORP > All getting hammered

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Post by spastic121 on Mar 06, 2013 3:00pm

All getting hammered

It is important to note that any company with a significant portion of their acreage in the Red Earth area is getting hammered. Check LPR and PWT.

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Comment by terroir on Mar 06, 2013 4:09pm

Wouldn't include PWT as their exposure is not significant to their total reserves, what's more they had a rare up day today. However, you could include Border. So far the PRY results, while not "knock your socks off" have not shown any serious issues. Its a tough but rewarding play. The wells are very long life, but with high decline. Netbacks are still really strong though, so ...more

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Comment by marz2013 on Mar 06, 2013 8:21pm

This post has been removed in accordance with Community Policy

Comment by canoe2000 on Mar 06, 2013 9:43pm

"Can someone please explain to me why the SP has been beaten up so badly?" No, but Its a Venture Exchange stock, which has had a great run of speculation.. When the bubble burst on juniors, an entirelly different type of investor is required. So far they are slow to show up.

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