Latest Riverdale Oil & Gas (RVDO) Headlines Riv
Post# of 29
Riverdale Oil & Gas Corp. Presents New Low Cost Investment Program
Marketwire - Fri Feb 14, 8:00AM CST
Riverdale (PINKSHEETS: RVDO) has commenced funding on its $500,000 dollar RVDO 2014-1 Program. Riverdale has the opportunity to acquire various oil production revenue interests in the program as well as low cost, lower risk drilling prospects with excellent yield potentials. The program consists of 200 Units of Participation at $2,500 per unit. For each unit purchased, the Board of Riverdale has allocated 5,000 shares of RVDO to be granted to each Unit of Participation. The funding will provide the capitalization for Riverdale to acquire significant production and drilling interests in various leases and prospects. After costs associated with marketing, administration, and prospect evaluation, it is projected that there will be at least $300,000 in investment capital to be able to acquire 5 more interests in Existing Production and New Drilling programs. The full terms of the RVDO 2014-1 Program are provided in its Private Placement Memorandum.
Riverdale Oil and Gas Corporation Announces Its $1,500,000 RVDO 2013-1 Drilling and Production Interest Acquisition Program
Marketwire - Wed Feb 06, 8:01AM CST
Riverdale (PINKSHEETS: RVDO) has commenced funding on its $1.5 million dollar RVDO 2013-1 Program. The Program consists of 100 Units of Participation at $15,000 per Unit. For each Unit purchased, the Board of Riverdale has allocated 25,000 shares of RVDO to be granted to each Unit of Participation. The funding will provide the capitalization for Riverdale to acquire significant production and drilling interests in various leases and prospects. After costs associated with marketing, administration, and prospect evaluation, it is projected that there will be $850,000 in investment capital to be available to acquire 17 or more interests in Existing Production and New Drilling programs. The full Terms of the RVDO 2013-1 Program are provided in its Private Placement Memorandum.