Las Vegas, Nevada--(Newsfile Corp. - April 13, 2017) - Virtus
Oil and Gas Corporation (OTC Pink: VOIL), has recently completed
workovers on three wells and within the next week will have
completed necessary work on two additional wells. The Company has
also published an Investors' Presentation on
The Company has successfully repaired the water disposal well.
The disposal well is crucial in the Tin Cup field to dispose of
production water from the oil and gas wells. Additionally, pumps
were replaced on two wells which are now ready for production;
revenue is expected soon.
Company SVP Brett A. Murray has put together a Company Investor
Presentation per the request of investors high interest in the
Company. This 14-page document is available on The Company website.
The Board has given approval and Mr. Murray has already presented
the presentation to a few private equity funders. The Company will
negotiate terms of new cash infusion and present terms for board
About Virtus Oil and Gas Corporation
Virtus Oil and Gas Corp. (OTC Pink: VOIL) is a Nevada-based oil
and gas exploration and production company currently focused on
producing assets in the State of Colorado and Utah. Virtus'
strategy is to acquire proven and producing assets and/or develop
oil and gas resources in proven, onshore basins in the United
This news release may contain "forward-looking" statements.
These forward-looking statements are only predictions and are
subject to certain risks, uncertainties and assumptions that could
cause actual results to differ from those in the forward
looking-statements. Potential risks and uncertainties include such
factors as uncertainty of consumer demand for the Company's
products, as well as additional risks and uncertainties that are
identified and described in the Company's SEC reports. The company
will need to raise additional financing in order to advance its
exploration and drilling program. Actual results may differ
materially from the forward-looking statements in this press
release. Statements made herein are as of the date of this press
release and should not be relied upon as of any subsequent date.
The Company does not undertake, and it specifically disclaims, any
obligation to update any forward-looking statements to reflect
occurrences, developments, events or circumstances after the date
of such statement.
Virtus Oil and Gas Corporation
848 North Rainbow Blvd. #170
Las Vegas, NV 89107
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