Victory Energy Corp. + 988% ; WKN: A0ML5Y ; (VYEY)

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karibik:

Victory Energy Corp. + 988% ; WKN: A0ML5Y ; (VYEY)

 
06.01.11 11:43

am15.12.2010 nach dieser Hammermeldung,  HANDEL In Deutschland in Berlin und Frankfurt.  Victory Energy Corporation Awarded $17.2 Million in Monetary Damages in Final Judgment Against Several Defendants  Dec. 15, 2010 (Marketwire) --  SANTA ANA, CA -- (Marketwire) -- 12/15/10 -- Victory Energy Corporation, (PINKSHEETS: VYEY), today announced that on December 9, 2010, the Superior Court for the State of Texas entered a final judgment against the defendants: Jim Dial; 1st Texas Natural Gas Company, Inc.; Universal Energy Resources, Inc.; Grifco International, Inc.; and Precision Drilling & Exploration, Inc. in the case of James Capital Energy, LLC and Victory Energy Corporation vs. Jim Dial, 1st Texas Natural Gas Company, Inc., Universal Energy Resources, Inc., Jon Fullenkamp, Ozona Natural Gas Company, LLC, Remuda Operating Company, Grifco International, Inc., and Precision Drilling & Exploration, Inc.  The final judgment awards Victory Energy Corporation and James Capital Energy, LLC, the plaintiffs, compensatory damages against five of the defendants in the amount of $5.6 million, jointly. The court also awarded punitive damages against each of these defendants in the amount of $2.2 million per defendant, for a total punitive damage award of $11.2 million. Additionally, the court awarded the plaintiffs pre-judgment interest and attorney fees.  The court held that each of the defendants knowingly and intentionally perpetuated a fraud on the plaintiffs. Additionally, the court found that each defendant breached their contract with the plaintiffs, breached their fiduciary duty to the plaintiffs, and committed acts in violation of the Texas Oil and Gas Proceeds Payment Act.  Robert Miranda, interim CEO and CFO stated, "We view this final judgment as a positive event and we intend to continue to pursue litigation with the remaining defendants. Our intent is to seek legal redress for all wrongful acts the defendants have taken against the company. We will keep investors informed as to our current status and progress going forward."  Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995  There are forward-looking statements contained in this news release. They use such words as "intend," "will," "may," "expect," "believe," "plan," or other similar terminology. These statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results to be materially different than those expressed or implied in such statements. These factors include, but are not limited to: risks associated with the implementation of the Company's strategic growth plan; legislation and government regulation including the ability to obtain satisfactory regulatory approvals; conditions beyond the Company's control such as weather, natural disasters, disease outbreaks, epidemics or pandemics impacting the Company's customer base or acts of war or terrorism; availability and cost of materials and labor; demand for natural gas; cost and availability of capital; competition; the Company's overall marketing, operational and financial performance; economic and political conditions; the continued service of the Company's executive officer; adverse developments in and increased or unforeseen legal costs related to the Company's litigation; the success of the Company's strategic partnerships and joint venture relationships; the Company's ability to pay certain debts; adoption of new, or changes in, accounting policies and practices; adverse court rulings; results of other litigation in which the company is involved; and other factors discussed from time to time in the Company's news releases, public statements and/or filings with the Securities and Exchange Commission. Forward-looking information is provided by Victory Energy Corporation pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of these factors. In addition, the Company disclaims any intent or obligation to update these forward-looking statements.  CONTACT: Robert J. Miranda Interim Chief Executive Officer Chief Financial Officer 714.480.0305  Source: Marketwire (December 15, 2010 - 3:03 PM EST) News by QuoteMedia  <<< Posting gekürzt anzeigen

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karibik:

Meldung vom 04.01.2011

 
06.01.11 11:44
Victory Energy Corporation Purchases Option on Texas Natural Gas Field

Jan. 4, 2011 (Marketwire) --

NEWPORT BEACH, CA -- (Marketwire) -- 01/04/11 -- Victory Energy Corporation (PINKSHEETS: VYEY) today announced that on December 31, 2010, it entered into an option agreement to acquire an oil and gas lease in a 1,000 acre tract of South Padre Island, Texas.

The option gives Victory Energy the exclusive right to acquire an oil and gas lease at the property for a period of one year. Under the terms of the option, Victory Energy will have full access to the land and may conduct geophysical or seismic testing of the land to ascertain the potential gas reserves.

Padre Island Gas Field is located 15 miles north of Port Isabel, Texas. The field was discovered by Gulf Oil in 1960 and produced approximately 3.8 billion cubic feet (BCF) to October 1, 1980 from two Miocene Sands at 6,000 feet and 6,500 feet. Three wellbores are currently shut-in and will be re-evaluated for activation. These wells were producing 14 million cubic feet (MMCF) per month when they were shut-in in 2002. One of the wells could be recompleted at 6,000 feet, and another could be put on pump to flow gas up the backside. In addition, there is a 4 foot gas sand on water at 1,712 feet indicated by well logs and a gas core that has not been previously produced. A formation test of this sand had immediate pressure of 465 psi.

A successful completion of this sand could have potential of 2 BCF proved undeveloped reserves (PUD) of natural gas. There is an intact pipeline available to transport gas to onshore facilities. Compression facilities could be installed to further recover gas. The wells are located on Padre Island and are accessible by road.

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cityhall:

doppelt gepusht ist besser?

 
06.01.11 11:45
oder warum nach diesem Thread: http://www.ariva.de/forum/A0ML5Y-VYEY-Victory-Energy-Corp-988-428231

nun ein neuer Thread mit selber Meldung?
nichts geht mehr
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karibik:

Nummer 1

 
06.01.11 12:20
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karibik:

news vom 10.01.2011

 
11.01.11 05:26
Victory Energy Corporation Announces New Executive Appointments

Opens Office in Austin, Texas

NEWPORT BEACH, CA, Jan 10, 2011 (MARKETWIRE via COMTEX) -- Victory Energy Corporation (PINKSHEETS: VYEY) today announced that it has appointed Mr. Kenneth Hill to the position of vice president and chief operating officer, and Mr. Stanley L. Lindsey to the position of vice president of exploration and development. Additionally, the company announced that is has opened an office in Austin, Texas.

As vice president and chief operating officer at Victory Energy, Mr. Hill will take on the leadership role of managing operations for the company, overseeing contract negotiations, field oversight and administration.

Mr. Hill brings a broad array of corporate operations and financial expertise to his new position with the Company. Over the last twenty-five years, he has been instrumental in the development and success of numerous well-known companies in a variety of industries.

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karibik:

news vom 22.02.2011

 
22.02.11 19:43
Victory Energy Corporation Announces Its Acquisition of 40,966 Acre Oil Producing Interest in Jones County, Texas
Tuesday February 22, 2011 - 10:30 AM EST
Marketwire News Releases
Released By Victory Energy Corporation
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NEWPORT BEACH, CA -- (Marketwire) -- 02/22/11 -- Victory Energy Corporation (PINKSHEETS: VYEY)

   * First Well Completed and on Production
   * Current Production at 300 BOPD and 100 MCF of Natural Gas per Day
   * Entire Development Area Supported by 3-D Seismic Imaging
   * Multi-year Drilling Program Planned

Victory Energy Corporation (PINKSHEETS: VYEY), through its affiliate, Aurora Energy Partners, is pleased to announce that it has entered into an agreement with C.O. Energy, LLC and Marshall R. Young Oil Co. to acquire a 2.5 percent working interest in the Young No. 1 well located in Jones County, Texas. This "Glen Thomas" wildcat well was completed and tested January 14, 2011. The well is now on production at a rate of 300 barrels of oil per day (BOPD) and 100 MCF of natural gas per day.

Interest assignment of this production is effective February 1, 2011, with the company expecting revenue during the second quarter of 2011. Oil production is from the Caddo formation.

The agreement also includes a working interest of no less than 1.5 percent in a sixty-four (64) square mile (40,966 acres) 3-D seismic imaging supported development area. The well operator, C.O. Energy, envisions drilling one to two wells per month until the targeted area is fully developed. Victory Energy maintains a thirty (30) day first right of refusal to participate in each development well.

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karibik:

still und leise

 
03.07.11 10:17

klettert diese aktie wieder anch ein paar monaten durststrecke, hier der chart

 

Victory Energy Corp. + 988% ; WKN: A0ML5Y ; (VYEY) 10934814

 

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karibik:

hier der letzte artikel

 
03.07.11 10:18
aktie in deutschland über berlin und frankfurt im handel, mit (noch) dünnem volumen:

Victory Energy Announces Successful Completion of Tunis Creek Well
Oil Reserve Estimates Exceed Expectations; Second Well Location Being Evaluated

Jun. 29, 2011 (Marketwire) --

NEWPORT BEACH, CA -- (Marketwire) -- 06/29/11 -- Victory Energy Corporation (PINKSHEETS: VYEY), through its partnership with Aurora Energy Partners, today announced the successful completion of its Tunis Creek Oil and Gas Prospect in Pecos County, Texas. The University "6" #1 Tunis Creek well was spud on April 22, 2011 and was completed in the Ellenburger formation on Friday, June 24, 2011.

Very preliminary testing of the Ellenburger formation indicates that oil reserves could exceed earlier estimates. Pre-drilling internal total prospect reserve estimates exceeded 500,000 barrels. These preliminary flow tests on the University "6" #1 Tunis Creek well were performed using its natural bottom-hole pressure and was limited to the lower 20 percent of the Ellenburger formation in the wellbore. Sustained flow tests to evaluate bottom-hole pressure and to develop optimal flow rates for this well should occur over the next thirty days. Storage tanks are scheduled to be installed this week with oil sales to market occurring shortly thereafter. Associated natural gas testing has not yet occurred. A natural gas delivery pipeline is nearby.

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Anzeige: Ist das der Durchbruch für den KI-Biotech-Geheimtipp?

Potenzial riesig, Aktie günstig!
karibik:

so, bin gespannt wie es diese woche weitergeht

 
04.07.11 11:24
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karibik:

news vom 11.07.2011

 
11.07.11 15:33
Victory Energy Provides Operational Update

NEWPORT BEACH, Calif., July 11, 2011 /PRNewswire via COMTEX/ -- Victory Energy Corporation (OTCQB: VYEY), through its partnership with Aurora Energy Partners, is pleased to provide an update for the Company's exploration and development projects.

The Tunis Creek Oil and Gas Well - The oil storage tank battery was completed on July 6, 2011. The well was re-opened and began flowing to a six hundred barrel oil storage facility and a natural gas separator. The well is currently producing oil and gas naturally from the Ellenberger formation and during the well testing period is being evaluated for optimal daily flow. This 1,600 acre multi-well prospect is oil and gas focused. The first well (University "6" #1) was completed on June 24, 2011. Preliminary estimated recoverable reserves exceed 500,000 barrels of oil and an undetermined volume of natural gas. The well is located in Pecos County, Texas. The company owns a 5 percent working interest and a 3.75 percent net revenue interest.

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  9 Victory Energy Corp. + 988% ; WKN: A0ML5Y ; (VYEY) karibik karibik 11.07.11 15:33
    Was geht denn hier ab? Balu4u   16.12.10 16:19