Virtus Oil and Gas Receives Permit Approval and is Set to Commence Drilling Operations in Utah this Week

HOUSTON, Aug. 24, 2015, OTCBB, VOIL, /PRNewswire/ Virtus Oil and Gas Corporation (OTCBB: VOIL) ( Virtus or the Company ) today announcedUtah s Bureau of Land Management (BLM) approved its permit to drill the Lone Pine 34-11-5 initial test well in Southern Utah. The Lone Pine well will be drilled to a total vertical depth of 7,000 feet this August.  Drilling will take approximately five to seven days. An additional 12 to 15 days will be required to complete the initial test well after drilling operations have been concluded. The Company plans to spud the well on August 25th, 2015. A new page has been created on the Virtus Oil and Gas website to keep interested parties up to date on important operational milestones. Rupert Ireland, CEO of Virtus, said: After two years of hard work establishing our land position and doing the necessary geological and geophysical studies, our team is ready to spud and complete the first test well. We are very excited to examine the potential of Jurassic-
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