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. The
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
Virtus Oil and Gas was founded with the mission of acquiring and developing onshore oil and gas working interests in proven basins in the United States, such as the Central Utah Thrust Belt Region.
The Company’s ultimate strategic focus is the development of oil and natural gas production and reserves.
Virtus is also actively seeking projects in the major North American shale plays. Shale gas plays are being touted as the new “Golden Age” of exploration and development, with reserves that today are recoverable thanks to recent advances
in oil field technology.
NEWS FROM THE COMPANY
VOIL Releases Financials With $14 Million in Assets
Virtus Unaudited 8-31-17 Financials
Virtus Unaudited 5-31-17 Financials
Virtus Unaudited 2-28-17 Financials
1/30/18 Virtus Unaudited Financials 11-30-16 *Audited Financials TBA
1/30/18 Virtus Unaudited Financials 8-31-16 *Audited Financials TBA
1/30/18 Virtus Unaudited Financials 5-31-16 *Audited Financials TBA
7/24/17 VOIL Announces Court Ruling In Favor of VOIL
6/28/17 VOIL Announces Court Ruling In Favor of VOIL
4/13/17 Update on Workovers and Investor Presentation
3/21/17 Purchase of San Juan Properties
2/22/17 Virtus Oil Announces Letter of Intent to Acquire Assets
2/2/17 Virtus Oil Announces New Board Members and Management
Virtus Encounters Oil Shows In Lone Pine Well
Virtus Updates Timing of First Well and Drilling Contract
Virtus Purchases Western Nebraska Producing Properties
Virtus Announces Results of 2D Seismic
Virtus Oil and Gas Enters Into Paradox Basin (UTAH)
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.
VOIL Share Breakdown
AUTHORIZED SHARES: 141,849,161
SHARES OUTSTANDING: 18,000,000 Non-Restricted
Market Cap: $11.14mm (As of 5/4/18)
Updated April 2018