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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

They, the financiers, must know they are not betting on thin air. Directors and financiers must talk to each other about prospects and not about the weather!

Financiers always win. :o)

I think VOG felt obliged (and may even have been due to AIM regs or something) to release today's RNS in order to be seen to be doing the right thing by their shareholders. Too much volatility could have been a bad thing, especially if they are negotiating the convertibles right now.

rayrac .... talk about prospects for sure, but do not confuse prospects with actuality .... no prospecting company drills holes for fun, but i bet the % of commercially productive strikes is little more than 20% if that

cynic hi,a few more days at these levels and rising volumes we may see 1.20 very soon, what do you think.

hard to say, but good to see the upward momentum intact this morning ...... my own view is that VOG will indeed come good, but that is (illogically) tempered by the hammering i took when the sp collapsed a couple of months back ...... sold out and then bought back in when they looked to be recovering .... total greed and stupidity! ... hey, ho; that's history

I was a fool to buy at 112p this morning...it is only up 1p at 101p now

Patience is needed. I bought in at 110p

don`t know what anyone else thinks but now the 2x200000 trades have been absorbed the price is rising again,could they have been holding it back?

good solid end to the week ..... some think 98 the resistance/support others 100 .... either way, sp finishing at 106 is good enough for me ..... just may top up

You may top up, Cynic? What was that you said earlier about "total greed and stupidity"?

:o)

SOUL* .... i take it you think it rash? .... for myself, not sure .... in the long term, I think VOG could be a very good investment indeed ... in the short term, rationalisation or logic for buying would be to do with current impetus and trend, linkd to break through tough resistance ..... as i said, still very undecided

I've held these through most of the ups and mainly downs! Can't see a reason to get out and don't somehow think I will. The price of oil keeps falling now, but gas in Europe looks to be a prime commodity for the foreseeable future.

I'm more worried about my shares in Hardman, but there again!!!

What ever you do dont sell, these are on the rebound, news awaiting sentiment changing, 200p by march or sooner defo.

Oil price falling, good news for economy and stocks in general.

i was not going to sell ... it was a Q of whether or not to buy more

cynic go with your own hunch providing there is no bad news coming out downside is limited as you have pointed out support level is now at the 95-100 level so there is around 8% downside as against ?% upside.dyor

not quite right ..... downside is 50/60p if VOG news with next drilling update is poor ...... technical immediate (chart) upside is also about 50p ...... see also this morning's comment on DOO

cynic i did say "providing there is no bad news coming out downside is limited" what you state comes under bad news so my statement is correct.

well having been positively indecisive over w/e, i took the plunge this morning and doubled up my pathetic little holding

Morning Cynic.

My quote about greed, etc., was not intended to put you off; just poking fun.

I have a decent enough holding in this already, so will not be adding any more. I'm essentially happy with VOG's prospects, although I think I'd be less content if the next round of drilling goes badly.

well I'm back on board now, as 1 was convincingly breached last week. I figure the brief dip below was the last chance to buy at sub 1 we're going to get. Have to see what the market does though as oil looks to be in a downtrend. Will the tax situation in Ukraine have any effect on VOG btw? I can't remember where they are based.....