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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

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

down again

Yes, Grim isn't it ! what a load of sh*te this is !

read my post 1023

agree atm- but with this one they will either do very good or they wont. im putting mine away and coming back in 6 months. these mm movements do my head in!. lost on paper a fortune so even if it rallies 20/30% still in loss. still confident although not short term.

i must admit I should took profit at 2.60, but did not now a huge loss!
May I ask Lizard how much you are down in paper profit?

are you guys talking SEO (wash your mouths out with soap and water!) or VOG?

If VOG, I too took a swimming pool (much larger than a bath) but am keeping watch ..... Will certainly buy back in if drop is to around 50p and/or closer to next drilling news

Greed and fear.
2517

p123- over 10k. on paper( a fair sum by my standards) . was going to invest as these levels but will wait for the trend to change. increased holding in goo as speculating drilling xxi peru outcome may be good risky though?.

Does anyone know when the test results of hole 103 are anticipated?

lizard , I am sorry to hear about your vog losses. Since beginning of may I have made a book loss of 7,325.36 on shares I paid 2.50 per share for. I am holding 67,500 shares at the moment. If I were to sell these the loss would be 51,480.00
This would make a total loss of 58,805 at present time. The 67,500 vog I am holding at the moment have been bought at six diffent times ie. 13th may 10,000 shares at 1.67. 25th july 17,500 shares at .9275 pence. 1st june 10,000 shares at 1.8765. 9th june 10,000 shares at 1.6475. 25th august 10,000 at .815 pence. 15th may 10,000 shares at 2.3919. To break even on the total loss of 58,805. I would need to be able to sell my hold of 67,000 vog at 1.59 per share. I am now looking to hold my shares indefinatly, and hope they do not drop any furthur. I never expected to get myself into this position since the beginning of may. I always had high hope for this company. Lets hope for some luck.

as i mentioned in an earlier post, i too took a pasting (and on EME), but i remain pretty confident that VOG will come good ..... However, given that no news is expected for a further 6/8 weeks or so, i would not be at all surprised to see sp slipping even further, purely on inertia and without any sudden general sell-off

candolim- i expect there are many of us in this situation. holding though.

if anyone is looking for short term news goo could be worth a go!.

Lets all of us hope that sp don't fall any further. We just need a bit of luck on Vog. Please!!

In many ways, a further fall due to inertia or similar is no worry, always supposing that does not trigger a forced sale ..... In fact, a fall could/will produce a lower risk buying opportunity against VOG coming up with another dud.

Lizard i have bought 13,107 goo at .074 pence, the I bought another 30,248 at .065pence, this bring my current holding to 43,355 shares. Let wait and hope for some good news on this one. I have done that bad since beginning of may, and a lot of my shares were bought on t10 I decided to do a remortgage to pay most of my credit off. This was a cheaper way of paying for my shares that have dropped heavily. Than to keep selling them on closing deals and taking book losses and them buying them back on the t10 waiting for them to go back up. This has taken the majority of stress off me. at least I still hold my shares and hopefully in time the majority will recover. Try to pay for your shares if poss. This credit with the stock brokers is very tempting, and good for you if the market is on the way up. wehn the market dropped in may i had 180k on t10 t15 and t20 this was a nightmare for me, and would not wish the experience on anyone. thankyfully I have sorted a solution out that i can handle.

delighted to hear it candolim ..... experience must have shaken you to the core and hope it does not repeat itself

cynic, why is vog droppping continuously when other higher risk exploration stock was some rises on Friday!...... Surely the fundamentals have not changed and Im not bloody sure what the hell is happening.!!!!!!!1 You think its hity rock bottom and u buy to even your losses and then it falls and you buy again and it falls again.......

Could any1 tell me what the valuation of VOG is currently? Have the fundamentals really changed if they have then the drop is justified!? Views much welcomed

Jameel, long time no see! I recommend you read the last couple of days' posts, as most of your questions seem to have been covered already.

Re the valuation, at some point in the last couple of weeks, somebody pointed out that the current SP just about offered fair value for Kemerkol and that we were essentially getting West Med for free. The fundamentals have not changed greatly as the wells that failed to produce only covered about 10% of the estimated resources at West Med. Given that WM is part of a highly prolific regioin and that VOG has plenty of prospects still left to drill that are actually more likely to produce than were the previous lot, the case ought to be better than ever for buying at these low levels. As with all E&P's, though, one should exercise caution as it is still a risky business.

VOG is likely to drift over the summer as punters will be taking their cash elsewhere until VOG can produce some good news. Still, as I have said before, that ought to provide believers like ourselves with plenty of buying opportunities :o)

WDIK, PDYOR, etc.