VIRTUS OIL AND GAS CORPORATION
Headquartered in Houston, Texas, Virtus Oil and Gas was founded in 2013 with the mission of acquiring and developing onshore oil and gas working interests in proven basins in the United States.
As part of our corporate strategy, we believe in the following fundamental principles:
- Acquire oil and gas properties that give us a majority working interest and operational control
- Maximize the value of our properties by increasing production and reserves while controlling costs
- Remain focused on proven reserves located in major basins in North America
POSITIONED FOR GROWTH
Virtus is also actively seeking projects in the major North American producing basins.
Virtus Oil and Gas is backed by a management team that is experienced in taking energycompanies from the start-up and early development phases through the period of reservesand capital growth within a public company environment. The executive team at Virtus Oiland Gas has held and currently hold senior management positions and boardmemberships with several successful small- and medium-sized producers.Together, the team brings more than 100 years of combined oil industryexperience to Virtus.
Chief Executive Officer
Mr. Ireland before assuming the role of Company CEO recently served as the Head of Trading at CARAX a brokerage firm that focuses on high volume execution in cash equities and derivatives trading. Mr. Ireland was a sales trader from 2010 to 2014 in the international offices of CARAX. From 2009 to 2010, Mr. Ireland was a sales trader at the brokerage firm, OCM Capital Markets. Mr. Ireland began his career in the financial services industry in 2003 by working in the marketing and public relations department of City Index, a brokerage firm that offers online financial spread betting, foreign exchange and Contract for Difference (CFD) trading.Mr. Ireland later joined the equities trading desk of City Index, where he traded oil and gas futures and CFDs. Mr. Ireland received his bachelor’s degree in business from the University of Newcastle.Mr. Ireland brings with him an enormous amount of energy company operations knowledge, plus a multitude of business relationships and contacts in the energy industry which will directly benefit Virtus now and in the future.
Chief Financial Officer
Steven M. Plumb, CPA is a seasoned senior executive and financial manager experienced in operations, finance and marketing. Prior to joining Virtus, Mr. Plumb held a senior management position at Hyperdynamics (HDY). Since 2001, he has served as the Owner and President of Clear Financial Solutions, Inc., a consulting firm that provides interim CFO services to small public companies. In this capacity he has prepared SEC filings, managed investor relations, raised capital, and conducted merger and acquisition activities. Mr. Plumb is also a former auditor with Price Waterhouse Coopers and KPMG. Mr. Plumb has a Bachelor of Business Administration degree from the University of Texas at Austin.
ENTERPRISE VALUE (May 20. 2016) :$ 637,000
AUTHORIZED SHARES: 500,000,000
SHARES OUTSTANDING:9/6 million
FLOAT: 5.9 million
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