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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

I'm starting to wonder if it's a "gas leak"........

And no. I haven't a clue. But a 33% rise in just over half a day is a little crazy. Surely VOG are obliged to make some kind of announcement, even if it's the "We have no idea why the price has risen" one.

In my opinion anyway......

Strawbs.

An announcement won't come until Monday, IMO.

Strawbs ..... only 33% if last second bolt proves to be a "real" price when markets open on Monday, and as i said, no great volume - barely 50% more than norm for last 3 months

Cynic, to a point the price lies in the hand of the MM - if they think the stock is worth more all of a sudden . . . .

. . . but why would they think that?

I love riddles.

PS - seen GOO?

Cynic,

I suppose low volumes could be giving a false impression. Appologies for criticising your re-investment in VOG earlier in the week. Seems to have been very well timed!

Strawbs.

Strawbs..... would have been better still had I bought, or even bought more at 68 .... lol! ..... pure luck, and you know it too.

Soul* ..... not only saw GOO but bought some more today at 8.25 ..... still only bet a few roof slates on the stock though! ..... Also bought TLW (Tullow), though that is in a rather different league

Cynic, I am kicking myself now for not doing more homework on GOO - still if they really are about to go public with 100 mil's of bbls then there will be more action to come.

Looks like I'm going to have a busy Saturday researching.

soul traders
no need to kick yourself but if you can still catch the boat, do so if you want to.
i think goo will reach 12p very soon or even 16p. the rise to 12p will be followed by a bit of profit taking which is normal. then the second rise. now it will become a bit tricky as some will sell big time creating another opportunity to buy.
however, long term investor will be rewarded wathever alfa or beta. best luck but feel free to let us know if we are right or wrong after your homework

george .... what is the logic and basis for predicting (a) 12p and (b) 16p?

cynic

the first and easy answer is: wait and see but ihave done a lot of homework on goo
and i may say that i am a bit fanatical. however saying 12p or 16p is being very conservative. putting that caution away, i can put 25p on goo. this answer may not satisfy many but as i said wait and see.
DO not understimate what GOO can do. BEST luck

would have thought vog and goo were doing a jv -mirrored sp fluctuations all afternoon. no chance of this happening though.

;

looks live vog on the move again need to get to 1.59 to break even. May get there soon. All its takes is some good news, like lizard said in an earlier thread this can come at any time.

http://www.timesonline.co.uk/article/0,,748-2309554.html

Victoria Oil & Gas, recently hit by drilling disappointments at its West Medvezhye field, gained 23p to 92p on word it is close to making an acquisition in Siberia

thanks for the news batteryman, I was wondering why we had such a large increase on the day.

Good post, Batteryman! Acquisitions in Siberia are, IMHO, a Good Thing.

wheres the money going to come from to pay for it, if it is true?

Lots and lots of shares in a placing, probably - unless the target takes a stake in the enlarged company instead of cash payment. Reminds me of SBE's strategy - and they are now worth 1.3 billion with a big cash pile.

I hear people beginning to fret about dilution, but as I think DThompson014 pointed out on this thread some months back, when an acquistion takes place, you get an asset in return for the additional shares, so the balance sheet is strengthened.

Hey, it's been worth 23p on the SP already!

DIRECTOR BUYS........Interesting to note the timing of the last Director Purchase. Pretty sure there is a 1 month rule for buying and releasing substantial information to the market. If this is the case then next week could well be the big one ??