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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 > added some @ 0.10
View:
Post by zorsofstesab on Aug 27, 2014 11:19am

added some @ 0.10

The way i see this at 0.10 very little downside and more chance of it moving up.
Comment by bargnhillbilly on Aug 27, 2014 2:45pm
Our year low held and we are rising into news. The best I could have hoped for at this point. Now if Pinecrest has something good to report?
Comment by GREAT on Aug 27, 2014 3:32pm
And hopefully this is the pivotal quarterly report that shows this dog making it thru the ebb in oil production and show production rising.
Comment by GREAT on Aug 27, 2014 3:35pm
Any meaning to the timing of the release? Should I buy a pile more, or dump a big loaf. Hasnt been a big run up but the slide has stopped. flip a coin?
Comment by tallpall on Aug 27, 2014 4:15pm
I put in a bid for .085 US (last sale was at .082) but it didn't fill. Halfheartedly looking forward to the release later tonight.
Comment by stockwrestler on Aug 27, 2014 7:30pm
"In addition to remediation treatments, Pinecrest is looking at more cost effective and potentially improved initial completion techniques to be undertaken when our drilling program resumes.  With lower capital costs for new wells, and improvement in production, Pinecrest believes positive steps are being taken to unlock the large oil resource in the Greater Red Earth area."  ...more  
Comment by stockwrestler on Aug 31, 2014 12:17am
spring break up period, and they still produced over 2k bbl/da we can look forward to increased production in 3rd quarter! glta
Comment by Catalac on Aug 31, 2014 11:09am
Did they mention any shut in production in the report? If not don't expect much of an increase unless improved water flood?
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