2012-09-14 14:04:48 -
Calgary, Alberta CANADA, September 14, 2012 /FSC/ - Petro Viking Energy Inc. (VIK - TSX Venture), ("Petro Viking") is pleased to announce that President Irvin Eisler and Director Andre Voskuil have recently completed a week of meetings in London, England and Namibia, Africa. These meetings included meetings with senior executives of an AIM listed oil company with international operations who are interested in a potential transaction involving the Company's Namibian off-shore oil interests (the acquisition of which are subject to closing the transaction announced on September 6, 2012). Messrs. Eisler and Voskuil also attended the 1st International Oil & Gas Conference where they met oil executives and financiers from around the world.
According to President Eisler, "Our recent trip to
London and Namibia was excellent. We are receiving very positive comments in respect of our Namibian acquisition from members of the investment community and senior people in the international oil industry. We are excited about closing our Namibian acquisition and exploiting those new assets and creating shareholder value."
The Namibian offshore opportunity is gaining momentum and is attracting serious attention from major oil companies, some of which have already acquired interests over the last several months and some of which are currently doing their due diligence in advance of entering this highly prospective exploratory area. Petro Viking is currently preparing for follow up meetings with the above mentioned AIM listed oil company in addition to other oil companies that have expressed interest in participating in developing this premier offshore asset.
As announced on September 6, 2012, the Namibian acquisition is subject to financing by September 30, 2012. In that regard, the Company is actively pursuing such financing, including multiple meetings this week in Vancouver, Toronto, and Montreal.
Further news will be announced as appropriate.
For further information, please contact:
Petro Viking Energy Inc.
200, 744 - 4th Avenue SW
Calgary, Alberta T2P 3T4
Telephone: (250) 558-9509
Facsimile: (403) 265-4011
Attention: Mr. Irvin Eisler, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Except for historical information contained herein, this news release may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially. The Company may not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.
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Petro Viking Energy Inc. (TSX:V - VIK) petroviking.com
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