">
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

as i mentioned a day or two back, 98 is a very real resistance

looks like you were right cynic. Where is it heading next? down or sideways?

Grim at the moment !

cynic looks like you were right on petrofac, had a look at ashtead recently?

No updates for over a month now are we perhaps looking at some bad news hence the delay? Surely if 103 was good then we would have been told, delays almost always mean poor results. Price is holding (just) although resistance below 98 now. Just seems to be in limbo and doesn't inspire much confidence, the price is just going nowhere but then I suppose there has been no RNS updates. Any views appreciated as not sure whether to get out or keep holding.

I'd like to think it's no news is good news ! However, not sure what to think..something tells me it could all be going pear shaped. I'm continuing to hold-will probably regret it...always do !

i spoke to george a couple of weeks ago, he said the next update will be at the latest the end of the 3Rd quarter which is sept, so there is no delay in issuing the rns.

skyhigh and woodie
thanks for comments and info lets hope good news by end of Sept then, will hold i think.

I am hanging on too. I have been with victoria now for two years and I paid 2.50 per share in april this year. I am on a massive loss, so I think it is best now to hang on and hope for the best.

I dont believe they are behind schedule as they were proposing to core 600ft. if I remember correctly and a best case scenario would be 30 ft per day + trips to clean out well etc. so I would be looking for some news in around 2 to 3 weeks as they are going to test different zones so running of plugs etc. will take extra time and testing time scale depends greatly on engineers requirements so would not be too impatient at the moment. I would think the longer the better as it probably means something to test. IMHO DYOR

Good comment, Ruthers. Was getting itchy feet yesterday, but reminded myself that the company clearly thinks the best prospects are still ahead of it. If they find 100 mmbbl or equivalent then that would be worth around 250 mil in NPV at 10% discount, so would clearly turbocharge the SP.

WDIK, PDYOR.

Bit quiet here - but shares showing a bit of movement - anyone know why?

sorry, but posted comment on GOO ..... in essence - drill update(s) almost certainly imminent and strong resistance at 98 at last breached

Morning all - over a quid again, at last! We're off the day's highs, though. Roll on, drilling news; I want some action on my portfolio (preferably the profitable kind!)

Not a bad rise considering the overall market is sinking.

VOG Bid: 102.5p Offer: 105p Change: 9.25

I thought I read somewhere that news not due on 103 till end Sept begin October. Is this the MM's trying to get more shares in anticipation of hopefully good news?

read what i wrote above ..... further, we are now quite well into September so renewed interest is not that surprising

That is what I said earlier this morning...

Breaking the 100p, had try it a few times lately without luck..

re my previous post " spoke to george a couple of weeks ago, he said the next update will be at the latest the end of the 3Rd quarter which is sept, so there is no delay in issuing the rns."

and as we speak, profit taking is bringing the price back close to that 98/100 level