niceonecyril
- 24 Jul 2005 15:48
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http://www.moneyam.com/action/news/showArticle?id=4381032
http://www.moneyam.com/action/news/showArticle?id=4381151
http://www.investegate.co.uk/victoria-oil---38--gas--vog-/rns/final-results/201310250700053729R/
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VOG is presently drilling Well 104 in its West Medvezhye field,and expected to reach depth in 4 weeks from spud date of 30th June, that makes 27th July(this week).
Results of testing will be sometime mid/late August, with a positive outcome
it could be HUGH.
With estimates of 134BILLION cubic metres of GAS and 201 Million barrels of Gas
Condensate,it will be a Company Maker. The field is in the area of the largest gas field in the WORLD.
Other assets include Kemerkol in Kazakhstan, with C1 reserves of 8.7MBO
and C2 reserves of7.8MBO. Another acquistion is Tamdykol with potental
reserves of 34MBO, it also has interest in 2 blocks in the North Sea.
You can check it out on www.uk-wire.com, and its own site of www.victoriaoilandgas.com.
It has excellent management team led by Kevin Foo, who hopes to turn it into
a Mid Cap Company(�500m+) in the not to distant future.
As i stated earlier in the post, Drilling is almost complete so it won't be long to Lift Off?
Well, Well worth checking out.
cyril
http://www.investegate.co.uk/Article.aspx?id=201111040700164867R
http://www.investegate.co.uk/Article.aspx?id=201111290700139263S
http://www.investegate.co.uk/Article.aspx?id=201112200700132888U
http://www.investegate.co.uk/Article.aspx?id=201207090700051587H
http://www.investegate.co.uk/victoria-oil---38--gas--vog-/rns/rsm-default/201401130700074445X/
http://www.investegate.co.uk/victoria-oil---38--gas--vog-/rns/interim-results/201402280701321590B/
http://www.investegate.co.uk/CompData.aspx?code=VOG&tab=announcements
niceonecyril
- 22 Aug 2005 08:11
- 10 of 2511
VOG have just released a great 1st drilling result of well 104,10/16bcfg
Bill Kelleher very excited also goes on to say, West Medvedhye is in
"Petrolium Window" and we intend to exploit it.
cyril
sambal
- 24 Aug 2005 09:15
- 11 of 2511
tp://www.oil-barrel.com/pressreleases/VOG220805.pdf
niceonecyril
- 17 Oct 2005 18:56
- 12 of 2511
What a fantastic day for VOG confirmation of Kemerkol but with a much increased
Reserves, up from 16.4mboe to 60.1mboe. "YES 60.1mboe". With sucess at
WEST MED, and drilling taking place at (1st well should be completed by now)
Tamdykol it just gets better.
SP at a barguin price imho, i'm most excited with the prospects of this
company,possible Ukraine Gas acquistion and results from the jewel(W/MED) due
next month, this is a possible multibagger.
cyril
sambal
- 16 Nov 2005 11:13
- 13 of 2511
Great news today. VOG keep on rolling.
ateeq180
- 17 Nov 2005 11:44
- 14 of 2511
ROLLING UP AGAIN TODAY.
kaysmart
- 17 Nov 2005 14:10
- 15 of 2511
Just one point I wish to make if the market was happy with 45/50p sp on
recoverable gas resources of 16.6 billion cubic feet reported by the company in August 2005. Than an increase of 40p today is nothing if you closely analyses yesterdays RNS.D&M estimates a maximum amount of 2.3 trillion cubic feet (tcf) of recoverable gas resources present, a 130 fold increase from the 16.6 billion cubic reported earlier. Now the SP has only doubled today, it has not increased by 130 times. So it does not take a genius to work out where the sp is going on this one.
Good luck to those people who have bought earlier and even today. I think we are onto a winner.
bhunt1910
- 17 Nov 2005 14:30
- 16 of 2511
Bought a tiny amount yesterday - Is this too late to jump on board - well done to you guys who spotted this earlier
Baza
kaysmart
- 17 Nov 2005 16:11
- 17 of 2511
Hi folks have a look at this link if you are thinking about this company. http://www.timesonline.co.uk/article/0,,748-1875586,00.html
ateeq180
- 17 Nov 2005 17:57
- 18 of 2511
Looking forward for tommorow,off loaded some others to invest in this,risk taken and the time will tell.wonderfull results and a great day if you had bought in after yesterdays news,still a lot of interest has been shown,well lets see what tomorrow brings more joy,even some people are talking share price of 3 pounds and above on III BOARD,still the figures speaks for it self to be a winner,thats only my opinion,as always dyor.thanks.
mbugger
- 17 Nov 2005 19:00
- 19 of 2511
Nice1cyril,good call from over 6 monthes ago,this find is a huge gas find.
cellby
- 17 Nov 2005 20:19
- 20 of 2511
had these from end of july payed 55 was geting fedup with the drop and shares mag didnt help puting fair price at 45p sold out at 59 then back in today and sold again at 79 had to go out didnt haVe the bottle to leaVe them runing will haVe another go tomorrow (had an order to sell at 108 canceled it )
kiwi7
- 17 Nov 2005 20:20
- 21 of 2511
From this monring's FT.com:
Shares in Victoria Oil and Gas surged more than 25 per cent yesterday after the Aim-listed company received confirmation that it had made a big gas discovery inRussia.
Independent consultants DeGoyler & MacNaughton confirmed that Victoria had discovered 500bn cubic feet of recoverable gas, up from the previous estimate of 16bn cubic feet, at its West Medvezhye gas and condensate project in the Yamal Nenetsk region of Russia.
The company, which floated last year, was founded by a group of former employees of Yukos, the collapsed Russian energy group built up by Mikhail Khodorkovsky, the imprisoned Russian oligarch.
The discovery is believed to be the largest discovery of natural gas by an Aim-listed company. One analyst said: "It's certainly the biggest in many years. It's huge."
The field is bigger than several of the North Sea's best-known fields such as Ravenspurn and West Sole, and is only slightly smaller than the Amythest field field, found in 1965 and currently operated by BP.
D&M predicted the well could even reach 2,300 billion cubic feet.
The region in which the project is located contributes about 20 per cent of global gas production annually.
Victoria said it had a strong relationship with Russian gas company Gazprom, which would allow it to sell on the gas via Gazprom's gas distribution system.
However, Victoria has yet to negotiate an agreed price with Gazprom for its gasdiscovery.
Next year, Victoria plans to drill three additional wells at the site. William Kelleher, executive director at Victoria, said successful tests of these wells could further boost the valuation put on the company's assets in the region.
Mr Kelleher joined Yukos in 1998 and was the executive vice-president for exploration in the Central Asian region outside Russia when he left the now-collapsed Yukos.
The discovery is a vindication for Mr Kelleher and 15 other executives and technicians who left the Russian oil company Yukos before its collapse.
Zac Phillips, an analyst at stockbroker Ambrian, said that, while developmentrisks remained, this "upgrade represents a step-change in the outlook for the company".
He added: "The potential reserves of 4,400 cubic feet could place the company firmly amongst much larger Russian and former Soviet Union operators such as Sibir and JKX Oil and Gas."
He raised his estimates of Victoria's net asset value to 501p, of which 297p was based on recoverable resource estimates.
He also suggested a fair value of 306p per share.
Victoria shares closed up 11p at 57p yesterday. Now c. 112p
Saintserf
- 18 Nov 2005 00:04
- 22 of 2511
Does anyone know what mid cap companies like, burren,dana and biggies like bp have in terms of gas reserves. Does Victoria's compare with them? I'm hoping it will rise like Cairn, and the SP might do a White nile, but I don't know.
insiderinside
- 18 Nov 2005 02:57
- 23 of 2511
well done holders - good to see - good gains on good news - now take care - its Friday - most short term will not hold over a weekend - a large gain - the shorters were probably in late afternoon - going long - to pump it up - to change to short in the morning - their buys - become sells - sells on sells - too much stock - it drops - more sells - far too much stock - this is the way they work - and why the big push up end of day Thursday - as they go long before changing to short in the morning - a shorters pump then dump to start the fall
catch the spike - either open - or first 30 minutes - selling pressure will be heavy - and heavier mid - late in the day - just a warning - expect a fair downward correction by late afternoon -
today is not a day - to put your long on - be sensible
All IMO - DYOR
rayrac
- 18 Nov 2005 07:59
- 24 of 2511
Went to the agm yesterday. It was interesting! Doesn't the West Medvezhye VOG block look small in relation to the Gazprom Medvezhye field next door?!
bhunt1910
- 18 Nov 2005 08:59
- 25 of 2511
I suspect that all the weekend press will pick up this story - so it will get massive publicity over the weekend - which I think might create additional interest early next week.
Not sure what will happen today - still massively undervalued according to brokers note - and greed takes over - so would not be surprised to see it finish around the 150 mark. But I am no expert in these matters - just an ordinary punter
Baza
cellby
- 18 Nov 2005 10:09
- 26 of 2511
someone is selling in 10000 blocks all morning knocking the price,im trying to find a drop to get back in,
gavdfc
- 18 Nov 2005 10:21
- 27 of 2511
Victoria Oil & Gas PLC
18 November 2005
18 November 2005
Victoria Oil & Gas Plc
Victoria Oil & Gas Plc ('the Company') announces that it has allotted a further
2,339,664 Ordinary Shares of 0.5p each in the Company. The Ordinary Shares have
been allotted as vendor consideration at the second completion stage in
accordance with the terms of the Share Purchase Agreement relating to the
acquisition of the Kemerkol oil field in the Atyrau Oblast in the Republic of
Kazakhstan. These shares rank pari passu in all respects with the existing
issued Ordinary Shares in the Company. Application has been made to the London
Stock Exchange for these shares to be quoted on AIM and it is expected that
dealings will commence on 22 November 2005.
For further information please contact:
Kevin Foo / George Donne Jamie Cumming / Tracy Mackenzie
Victoria Oil & Gas Plc Bell Lawrie
+44 (0)207 921 8820 +44 (0)141 314 8103
+44 (0)141 314 8220
Leesa Peters/ Laurence Read
Conduit PR
+44 (0)207 618 8760
+44 (0)7979 955 923
ateeq180
- 18 Nov 2005 11:02
- 28 of 2511
More good news in the wings i think.
kaysmart
- 18 Nov 2005 11:41
- 29 of 2511
UK small cap opening - Victoria Oil surges again with talk of 300p share target
LONDON (AFX) - Shares in Victoria Oil & Gas shot up another 18 pence to 130 this morning, having surged around 73 pence since news broke on Wednesday that resources of half a trillion cubic feet of recoverable gas have been confirmed from discovery well 104 at the company's West Medvezhye gas and condensate
project in Russia.
It was estimated that there is a maximum amount of 2.3 trillion cubic feet (tcf) of recoverable gas resources present, a 130 fold increase from the 16.6 billion cubic feet reported by the company in August 2005.
According to analysts this find has significantly increased Victoria Oil's valuation, with an estimate share price target of around 300 pence.