">
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/

Powered by IST's


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

ejvind I have read your message and would think if the company was to raise more cash, i would think the way they would do it would be one new share for lets say every 4 shares you hold at at lesser price, and this would only be for the shareholders correct me if I am wrong. I personally do not think there is anything wrong with this method. Cynic, all i can say it is worth a try to talk to kevin or george, there is nothing to lose by this.

Turning point? That's a big question, the answer would pay bigtime!

Candolim, it sounds like you're referring to a rights issue. From experience, it's highly unlikely that this will happen - in any case rights issues in particular tend to be a somewhat coercive form of fundraising which communicate that a co is really in a bad way, whereas a placing is much more of an invitation to become a shareholder and tends to go down well with institutions who believe they see plenty of upside value. Lots of smaller companies have to raise cash regularly and use an institutional placing to do so.

VOG may have to raise cash in the future. At the current SP, another fundraising of 13 mil would represent a 14% dilution, which is about par for the course. Indeed on some assessments VOG still has a very healthy market cap in comparison with other oil & gas minnows with little in the way of proven reserves.

Given the potential of VOG to be a multibagger I do not think that another fundraising undermines the case for investing in the stock - as long as the hydrocarbons are found in commercial quantities!

All IMO, PDYOR.

Re talking to the directors, I tend to agree with Cynic. All they can really tell us is what we already know - that the co is drilling and will have to take the results of the drilling, whatever they may be, on the chin. Nobody knows for certain if there's commercial gas down there; after analysing the seismic it's a case of drilling and hoping. But FYI a success rate of one commercial well for every four or five holes drilled is often thought of as pretty prolific. VOG's range of drill targets at West Med should be capable of producing - the region is supposed to be the world's premier gas producer after all.

Opto, I agree it would be nice to pick when this stock is going to turn the corner, but isn't it better to say that from the present SP, if the co is successful at West MEd, there will be a lot of upside over the next year or two and buy in on dips?

soul traders, many small oilers must have lots of upside potential over the next two years.
Buying on dips is good if you can hit the bottom of them, I'm not too clever at that so I would prefer buying into a new confirmed uptrend.
Then again I do keep having a go! ........and building a LT portfolio .......LOL

opto* - many small oilers will go belly-up and only a few will make it to true profitability ..... IMO VOG is likely to be one of the latter (gas of course) and CHP possibly and MRP just possibly ..... not so sure about GOO

Cynic, interesting re your feeling about GOO - I too feel that it's a little early to tell with this one.

However you fail to mention NOP - easily one of the best prospects around, IMO.

PS - sent you an e-mail, in case you haven't seen.

soul* - either i don't know how to pick up e-mails or it has not yet arrived through the aol system (is assume that is the address that is used) ...... have never followed NOP though perhaps i should!

Errm, I thought this BB just forwarded e-mails to the address you input on your profile. Not to worry. Why not try sending me one by clicking the yellow icon next to my user-name and we'll see if that produces the goods.

NOP is a blinder - broad portfolio, near-term production in Holland (gas, oil, + gas to electricity) lots more exploration/opening up of previously sidelined fields forthcoming in Holland, a few potentially good bits in the UK and Ireland, Guyane, plus about one-eighth of all the exploration licences in Italy, which should prove very interesting in the longer term.

Right now it looks cheap too; suggested NAV is around 315p per share if memory serves (and if not it was at least 270p). There's a lot of info and constructive comment on the thread, especially since early March (I won't say who posted quite a lot of it) - your views will be most welcome.

End of plug :o)

checked that address and also the spam file! ..... nothing there but have already sent you e-

Just got it actually - thanks very much! Reply on its way . . .

And now I'm going to say goodnight as have been spending far too much time at the computer today. Thanks for your assistance!

why the big drop in vog this week, anyone out there know anything.

Just previously over-valued and still is (IMHO).

I don't really agree with Haystack, who has a consistent record of being bearish on every stock about which he writes (I think!) ...... However, there is nothing currently to excite buyers of VOG and on chart technicalities, now that the 80/84p support has been broken, there seems little further support until about 50p ...... From memory, no drilling news is predicted until October and with markets still very dangerous (IMO) and volatile (clearly), there seems no hurry to start buying ... yet!

Dead right, Cynic, IMO. Drifting on lack of news.

Are you planning to top up if the SP hits a lower level (50p/whatever)? I would be sorely tempted - just having a difficult time deciding which of my internal organs I might have to auction to raise the necessary readies.

In a word, YES! .... but shall stay well clear of EME (and SEO!)

Agree that EME is a disappointment. Fortunately I avoided the whole affair. I'm not sure if it still has any value worth chasing as I'm not sufficiently acquainted with the company, however I am sure I'd not have come out with much in the way of profits had I been involved at any point over the last year.

As for SEO - I could be persuaded, but probably not for more than 3p a share. I might be prepared to gamble the odd 500 if I thought maybe the only way was up.

SEO - may be better bet to go short!

Cynic, if I could, I would - or at least would have when I first started making gloomy predictions in May!

down again