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Re: steelpiston71 post# 8233

Monday, 02/21/2011 10:52:43 AM

Monday, February 21, 2011 10:52:43 AM

Post# of 17738
Steelpiston71, VER.V/VCTEF.PK (Vecta Energy)

They are expected to announce a Bakken "Non Arms Length" JV transaction imminently...so this spike is without the news yet. Tom Coffman runs Vecta O&G in the states as an O&G engineering company which is a natural fit for being included in the JV...I assume another partner with deeper pockets...aka like SAMSON (SSN) did....see the below presentation for Vecta O&G capability..their 4D Shear Wave over Seismic technology is presented about 1/3 of the way down. This is perfect for exploration in the Bakken etc...

BobWins will remember Vecta as the perennial dissapointer Kroes-Shelton but they are buying land and ready to announce at some point.....
Goodluck
Art

http://www.netl.doe.gov/publications/proceedings/10/rcsp/presentations/Wed%20am/Dawn%20Deel/Spangler.%20BSCSP%20Partner%20review%20meet%202010%20f.pdf

****My uninformed opinion only...do your own due diligence****

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