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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

has anyone in the investors room sold all their holdings in vog, and cut there losses and ran, or are we all playing the waiting game. would be intering to know this. We need nerves of steel to sit this one out. You vever know this may all working out okay in the end. I had Jkx oil and gas 18 monthes ago or so I bought them at.90p per share they have been up to near on 4.50 near highest since. I came out at 2.20 per share. wrong move.

telegraph today sunday diary of a private investor - James Barlholomew buys some vog shares. Who is he?

candolim.... I am not a regular or even an experienced investor. But I have always found Cynics views very very interesting! He is very realistic and provides a great counter-balance to the biased views of shareholders.

I am going to hold!!!! I have to..... Yes its like chasing a losing battle...you buy and then b4 u know it, the sp falls again...so your continuously buying!..... but surely this was the same company which saw sp over 2.00! And yes we have had a dud well... but nothing else seems to change....

I want help on the following? As this is a company which has found oil and not oslely based on high ecploration risk (like eo.) so what is the value of VOG? I have had Soultrader answer this? But I would like to know the value of vog based on proven reserves! This is the fundamental question (proven reserves...not speculative)....? It seems that it is under valued! If so, then why shouldn't we be investing and waiting till the market corrects itself!!!!!

lizard ... sorry if my posts depress you .... personally i think they, and especially the last, give a fairly balanced view of the pros and cons.

candolim ..... i went 100% liquid a few weeks back but will prob buy some VOG, maybe tomorrow ..... have not yet determined how many ..... for yourself, my advice but your money is to stay only with what you have (and pray hard!)

Candolim.

Still in and holding... bought in at 2 on the way up and then at 1.74p on the way down !.. every time I think it's got so low I should but some more it then takes another dive ! so I'm still holding off getting any more as not sure that it won't go down further.

have reflected and bought a very modest number based on the fact that (a) i am not convinced 103 will bring home any bacon and (b) even if 103 comes good, there will be plenty of scope to buy further as investor confidence returns with 105 due for result in a month or two.

Cynic, are you and I the only VOG shareholders who haven't mortgaged their house or handed over their daughters to a Ukrainian pimping racket in order to pay for this stock?

my daughter would, i am certain make an EXCELLENT price ..... what a good idea!

cynic post 158. I have had a good think about the situation and have decided now not to by any more shares in this company. I am going to keep the shares I hold. They are now all paid for. I do not now have the pressure of selling them and buying them back on t10 deals. The costs involved the the share buybacks were very expensive, taking into account the spread difference between selling them and buying them straight back. Then there is the .5 percent stamp duty and the dealing costs. Over the 2and a half months that this went on for the shares were constantly dropping all the time. I know I have remortgaged the house to pay the credit off, and now all I can hope for is that they go back up. I wiil now get myself into the situation again. I have a lot of shares in other companies as well, but vog by far have been my worst investment, I have made so far. I am going to keep all my company shares for now and hope most of them are going to recover in the future. I do not thing i am on my own in this situation. I know a lot of people will never tell anyone that this situation has happened to them. Anyway cynic thanks for your advice and I am now praying.

Cynic I made a mistate on my last message I pu I will now get myself into the situation again, what I meant to say was that I will never get myself in the same situation again.

all you goo holders on here seen the update i like it not much reaction though?.

Lizard, you remind me what happened with the production test that VOG ran recently and I'll tell you why there's not been much reaction to the news of a forthcoming prod test at GOO.

true. but positive all the same. if we write off all companies in the sector then the mkt is buggered as well as reserves. someones going to get it right!.

Agreed, but with the mood the market is in at the moment it's results that are going to move the SP, not possibilities.

Cynic. I'm surprised at you buying back into VOG. Think you need to re-read page 14 of Mr Shipman's book. No disrespect, as I've done it in the past too, but having been burned many years ago, it's a lessson I certainly agree with Shipman on.

Strawbs.

cynic when you have read mr. shipmans book page 14, let me know what strawbs means. not looking any better today.

Sorry. He basically says not to add to losing positions (or follow a falling price), because although you may get lucky on odd occassions (and get the rally you're looking for), the chances are you won't and you could see further falls. Basically, stay clear until a new trend develops. I only mention the book as Cynic recommended it to me (and I would agree it's worth reading). The book being "The Next Big Invesment Boom" by Mark Shipman.

Strawbs

I should also mention the book is aimed towards commodity investing rather than equities, but some of the general "common sense" type rules he outlines are worth knowing and where possible sticking to.

Strawbs

Have been watching VOG for a while, with the intention of a possible investment. However, from a TA perspective I think the SP still has further to fall. Looks like good solid support at 50p, the downtrend is slowing and there is negative divergence on the MACD histogram. Only thing that will stop 50p is positive news and I for one will wait for that level and confirmation of a change of trend. If I miss the bottom, so be it.

pth

Very sensible, PTH - I think that's the surest approach under current circumstances.