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* Lunch hot quote
@ 2007-02-15 21:12 Raelyn Partida
  0 siblings, 0 replies; 2+ messages in thread
From: Raelyn Partida @ 2007-02-15 21:12 UTC (permalink / raw)
  To: linux-pm


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  Victory Energy Corp.

        DL  (2/15/2007 10:48 PM)

   VYEY Last: 0.93Change: +0.08(+9.41%)
     Volume: 84.14k 
     Last Trade: 10:48
     
   
    
       Drilling Results on the Way.
        
        
   
    Victory Energy Corporation Signs Letter of Intent With Coastal Petroleum Company to Drill Montana Leases

      
Victory Energy Corporation (OTCBB: VYEY) today announced it has entered into a letter of intent dated February 13, 2007.

Mr. Jon Fullenkamp, President and Chief Executive Officer of Victory Energy Corporation, the ("Company"), announced today that the company has entered into a Letter of Intent with Coastal Petroleum Company to conduct a drilling program on Coastal's Valley County, Montana leases.

The Letter of Intent sets out the substantive terms of a Formal Agreement ("Agreement") that Coastal and Victory will complete and execute within sixty days. Under the Agreement, Victory will be required to drill a minimum of three wells on the Coastal Prospects and to make payments totaling $1,225,000 over the next fourteen months to Coastal in return for a 50% interest in Coastal's existing leases. Coastal's President Phillip Ware said: "We are excited about the formation of the team of Coastal and Victory Energy Corporation to develop the existing potential of our enormous Valley County leases. Victory brings a great deal to the play and we are looking forward to working together."

Victory will commence drilling the first well to test one of Coastal's Lodgepole Reef prospects within three months of the execution of the Agreement. A second well will be started within four and half months to test a 34,000-acre shallow gas prospect on the leases. The third well under the Agreement will be drilled to test another of Coastal's Lodgepole Reef prospects and will begin within eight months of the Agreement. Victory will earn a 50% working interest in the spacing unit covered by each well while Coastal will retain the other 50% of the working interest. Victory will also earn an undivided 1/6th working interest in all of Coastal's Valley County Leases after each well is drilled.

After the three wells are drilled, Coastal and Victory will each have a 50% working interest in all of the Valley County, Montana leases. The parties have also agreed to work together to explore an Area of Mutual Interest within twenty miles of the Leases, encompassing approximately 1,000,000 acres.

Victory Energy President Mr. Jon Fullenkamp states, "This Letter of Intent represents a stage of progress for the company's growth plan to acquire and develop prospects with significant upside while minimizing downside potential. Coastal provides the associations and partners to the company enabling significant growth and shareholder value in the near future." 
         

     

       
History Priceses:
     

DateOpenHighLowLast

01/04/20070.1800.2200.1800.220

-----
02/13/20070.6500.7500.6000.750

02/13/20070.7900.8500.7500.850
      


Last month price change +137%



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[-- Attachment #2: SpamAssassinReport.txt --]
[-- Type: text/plain, Size: 1047 bytes --]

Spam detection software, running on the system "daredevil.osdl.org", has
identified this incoming email as possible spam.  The original message
has been attached to this so you can view it (if it isn't spam) or label
similar future email.  If you have any questions, see
the administrator of that system for details.

Content preview:  Victory Energy Corp. DL (2/15/2007 10:48 PM) VYEY Last:
  0.93Change: +0.08(+9.41%) Volume: 84.14k Last Trade: 10:48 [...] 

Content analysis details:   (5.9 points, 5.0 required)

 pts rule name              description
---- ---------------------- --------------------------------------------------
 5.0 OSDL_STOCK15           BODY: "VYEY" spam
 0.5 OUTFLUX_INVEST_OTC     BODY: has O T C in it
 0.2 US_DOLLARS_3           BODY: Mentions millions of $ ($NN,NNN,NNN.NN)
 0.0 HTML_MESSAGE           BODY: HTML included in message
 0.2 HTML_FONT_FACE_BAD     BODY: HTML font face is not a word
 0.0 BAYES_50               BODY: Bayesian spam probability is 40 to 60%
                            [score: 0.5000]



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^ permalink raw reply	[flat|nested] 2+ messages in thread

* Lunch hot quote
@ 2007-02-15 23:08 SHELUZ Tillison
  0 siblings, 0 replies; 2+ messages in thread
From: SHELUZ Tillison @ 2007-02-15 23:08 UTC (permalink / raw)
  To: linux-input

[-- Attachment #1: Type: text/plain, Size: 3005 bytes --]


 
  Victory Energy Corp.
        DL  (2/15/2007 10:48 PM)
   VYEY Last: 0.93Change: +0.08(+9.41%)
     Volume: 84.14k 
     Last Trade: 10:48
     
   
    
       Drilling Results on the Way.
        
        
   
    Victory Energy Corporation Signs Letter of Intent With Coastal Petroleum Company to Drill Montana Leases

      
Victory Energy Corporation (OTCBB: VYEY) today announced it has entered into a letter of intent dated February 13, 2007.

Mr. Jon Fullenkamp, President and Chief Executive Officer of Victory Energy Corporation, the ("Company"), announced today that the company has entered into a Letter of Intent with Coastal Petroleum Company to conduct a drilling program on Coastal's Valley County, Montana leases.

The Letter of Intent sets out the substantive terms of a Formal Agreement ("Agreement") that Coastal and Victory will complete and execute within sixty days. Under the Agreement, Victory will be required to drill a minimum of three wells on the Coastal Prospects and to make payments totaling $1,225,000 over the next fourteen months to Coastal in return for a 50% interest in Coastal's existing leases. Coastal's President Phillip Ware said: "We are excited about the formation of the team of Coastal and Victory Energy Corporation to develop the existing potential of our enormous Valley County leases. Victory brings a great deal to the play and we are looking forward to working together."

Victory will commence drilling the first well to test one of Coastal's Lodgepole Reef prospects within three months of the execution of the Agreement. A second well will be started within four and half months to test a 34,000-acre shallow gas prospect on the leases. The third well under the Agreement will be drilled to test another of Coastal's Lodgepole Reef prospects and will begin within eight months of the Agreement. Victory will earn a 50% working interest in the spacing unit covered by each well while Coastal will retain the other 50% of the working interest. Victory will also earn an undivided 1/6th working interest in all of Coastal's Valley County Leases after each well is drilled.

After the three wells are drilled, Coastal and Victory will each have a 50% working interest in all of the Valley County, Montana leases. The parties have also agreed to work together to explore an Area of Mutual Interest within twenty miles of the Leases, encompassing approximately 1,000,000 acres.

Victory Energy President Mr. Jon Fullenkamp states, "This Letter of Intent represents a stage of progress for the company's growth plan to acquire and develop prospects with significant upside while minimizing downside potential. Coastal provides the associations and partners to the company enabling significant growth and shareholder value in the near future." 
         
     
       
History Priceses:
     DateOpenHighLowLast
01/04/20070.1800.2200.1800.220
-----
02/13/20070.6500.7500.6000.750
02/13/20070.7900.8500.7500.850
      


Last month price change +137%



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^ permalink raw reply	[flat|nested] 2+ messages in thread

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2007-02-15 21:12 Lunch hot quote Raelyn Partida
2007-02-15 23:08 SHELUZ Tillison

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