Far Vista Petroleum Corp.
FVSTA
Other OTC0.00
USD
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Far Vista Petroleum Corp.
FVSTA
(Other OTC)
Recent
price
0.00
P/E
ratio
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div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Far Vista Petroleum Corp. (FVSTA) engages in the exploration, development, and production of oil properties through its subsidiary CJSC Chedty Neft in the Russian Federation; the company focuses on acquiring interests in crude oil sites with verified reserves via equity investments or joint ventures in oil and gas operations. Founded by Richard McKenney and headquartered in Itown, NY, Far Vista Petroleum originally operated in video game software development, distribution, marketing, and sales for platforms including PC, Microsoft Xbox 360, and Sony PlayStation, holding global rights to trademarks like "Run The Gauntlet"; it targeted both first-person shooter enthusiasts and casual gamers. In March 2013, the company changed its name from Far Vista Interactive Corp. to Far Vista Petroleum Corp. to reflect its strategic shift toward the oil and gas sector, entering into a letter of intent to acquire shares in CJSC Chedty Neft, an established Russian oil producer; as of May 2013, principal operations had not yet commenced.