On August 2, Petro Viking announced the completion of the acquisition of petroleum and natural gas assets and production from Trafina Energy Ltd. As a result, Petro Viking is now producing an average of 90 BOE per day and is currently identifying workover targets from their existing properties as well as from the properties acquired in the Trafina transaction. The result will be the focus of workover projects to be done during the third quarter of 2011, possibly followed by at least 1 horizontal hole drilled in the fourth quarter of 2011. All of this activity will have been done utilizing cash in the companies treasury.
The company was also written up in a Canaccord Genuity - Equity Research - Energy report on Saskatchewan Viking Oil in the last while. Appendix IV, Notable Viking Juniors of the article lists and writes on Petro Viking on page 30.
If you wish to receive a copy of the news release of Aug. 2/11 or the Canaccord Genuity Research Report, may advise me by email and I will forward either or both to you.
Do your own due diligence.
Yours truly,
Ron Birch
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Viking Gold Exploration Inc.
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CODE : VGC.V |
ISIN : CA9267661069 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Viking Gold Expl. is a gold exploration company based in Canada. Viking Gold Expl. holds various exploration projects in Canada. Its main exploration property is MORRIS LAKE GOLD in Canada. Viking Gold Expl. is listed in Canada. Its market capitalisation is CA$ 398 900 as of today (US$ 305 837, € 272 837). Its stock quote reached its highest recent level on December 30, 2004 at CA$ 0.77, and its lowest recent point on March 22, 2016 at CA$ 0.01. Viking Gold Expl. has 79 780 000 shares outstanding. |