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Bullboard - Stock Discussion Forum VIRGINIA HILLS OIL CORP VFGGF

"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 Discussion

VIRGINIA HILLS OIL CORP > Analogous Slave Point Waterfloods.........
View:
Post by bankerboy28 on May 29, 2013 3:21pm

Analogous Slave Point Waterfloods.........

in the immediate area (Red Earth Area) have proven to be very effective and assigned a recovery factor ranging between 50% and 100% over primary recovery...this is from May 13 news release....I think the management will have some good news on June 5....time will tell...

I think the big sell off is nothing but a combination of Tier 1 confusion and window dressing by certain houses...the true value will be recognized soon in my opinion...BB28

Comment by CaseyDucharme on May 29, 2013 4:32pm
Agreed!  There was no fundamental change in operations.  This was purely a series of financial transactions by a select group of institutions.  If we see stability over the next week, I'll be adding even more to my position.
Comment by tulsatea on May 29, 2013 4:44pm
Expect news on Hutch light oil play from PRY. In the first quarter of 2012, Lone Pine acquired 99,840 acres of 100% working interest land prospective for Slave Point light oil in the Hutch area of northern Alberta. Located approximately 125 kilometers northwest of the Company's Evi asset, the Hutch property provides Lone Pine with a potential second light oil fairway. Lone Pine now has a total ...more  
Comment by zedex99 on May 29, 2013 6:55pm
I bot 1500 more today @0.78. Averaged me down. Not as much as I'd liked to have bought, but as much as I can comfortably afford.
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