niceonecyril
- 24 Jul 2005 15:48
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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
jameel06
- 12 Sep 2006 18:26
- 1225 of 2511
Can any1 tell me the value of VOG? Have the fundamentals really changed this greatly since early 2006!
janetbennison
- 12 Sep 2006 18:27
- 1226 of 2511
strange why the vog have dropped back down to .935 again. Looks like I might be buying back the 20,000 that I sold the other day. especially if i can buy the at around the 93p mark. does anyone know why they went up to around 1.10 and then dropped back down again to this level.
jameel06
- 12 Sep 2006 18:35
- 1227 of 2511
Can any1 tell me the value of VOG? Have the fundamentals really changed this greatly since early 2006!
Can some1 answer?
HARRYCAT
- 12 Sep 2006 18:44
- 1228 of 2511
The following appeared as part of VOG's company profile on the 23/08/06:
"Victoria beefed up its holdings in Kazakhstan in 2005 with the US$8.5 million cash and paper acquisition of the shut-in Kemerkol oilfield in the northwest of the country. Between applying for Kemerkol and getting sign-off on the deal, the licence area has been extended by some 53 sq km from the original 12 sq km - with no additional work commitment. This expansion has increased the estimated C1 to C3 reserve base from 16.4 million barrels to more than 60 million barrels. Importantly, the deal also holds out the promise of near-term production. Victoria expects to be pumping 1,800 barrels per day from Kemerkol before the end of 2006."
I have found nothing since to confirm the actual pump date. Maybe uncertainty having an influence?
jameel06
- 12 Sep 2006 18:48
- 1229 of 2511
Harrycat, so this means the VOG could be producing very soon. Is it not producing already?
HARRYCAT
- 12 Sep 2006 19:03
- 1230 of 2511
Apologies, yes. C1, C2 & C3 already producing.
So please disregard my post 1228.
Still researching.
janetbennison
- 13 Sep 2006 08:55
- 1231 of 2511
news just out
silvermede
- 13 Sep 2006 08:56
- 1232 of 2511
Victoria Oil & Gas PLC
13 September 2006
Victoria Oil & Gas Plc
13 September 2006
Signing of Framework Agreement for Gas Off-Take for a new Power Station in
Moscow, Russia
Victoria signs framework agreement for provision of gas to new 210 MW power
station to be built in Moscow
Approximately 15 billion cubic feet to be provided per annum at market price
for a minimum of two years when West Medvezhye is in commercial production
Power station to negotiate transmission of gas through pipeline network with
Gazprom
Victoria Oil & Gas Plc ('Victoria' or the 'Company'), the AIM-quoted oil and gas
company, today announces that it has signed a framework agreement (the
'Agreement') with OOO EnergoPromInvest ('EPI') for the potential provision of gas
from its West Medvezhye licence in Russia to a new power station to be
constructed in Moscow (the 'Power Station').
EPI holds the right for construction and operation of a new gas-turbine heat and
power station in the Scherbinka suburb in the south-west region of Moscow. The
Power Station will have the capacity to generate up to 210 MW of electricity and
300 Gkal/h of heat and will require an estimated 15 billion cubic feet of gas
per annum.
The power station is expected to start limited operation in 2007 with full
electric and heat capacity anticipated by the third quarter of 2009. Under the
terms of the Agreement, Victoria will enter into a gas off-take contract with
EPI to supply 100 per cent of the Power Station's gas requirement for a minimum
of two years when West Medvezhye is in commercial production. The gas will be
acquired at the prevailing market price.
As an industrial consumer, EPI will have the right to buy gas from the field and
Gazprom shall be required to transport it to the power station, subject to the
gas meeting designated technical standards and available pipeline capacity.
Commenting today William Kelleher Managing Director said, 'In signing this
agreement we have secured a future market for our prospective gas production and
access to Gazprom's pipeline system. The construction of the Scherbinka power
station will dovetail with the development of our West Medvezhye asset and we
are proud to be involved with such an important project for the city of Moscow'.
silvermede
- 13 Sep 2006 08:57
- 1233 of 2511
VOG must be very confident regarding gas production. This is good news! :-)
silvermede
- 13 Sep 2006 08:58
- 1234 of 2511
And up the SP goes!
bonfield
- 13 Sep 2006 08:59
- 1235 of 2511
Yes, thank god for that. All they need to do now is find some gas!
maddoctor
- 13 Sep 2006 09:18
- 1236 of 2511
first time i ever heard of a company supplying theoretical gas!
Big Al
- 13 Sep 2006 09:21
- 1237 of 2511
Indeed mad
maddoctor
- 13 Sep 2006 09:23
- 1238 of 2511
Big Al , wondered where you where - this to me is complete nonsense
when you have got a minute look at FAO , seem to have oil but the share price keeps dropping , something smells
silvermede
- 13 Sep 2006 13:14
- 1240 of 2511
Too many day traders on this stock!
janetbennison
- 15 Sep 2006 07:46
- 1241 of 2511
drilling report out 7am. this looks to me good new at last. good luck to you all.
pisces
- 15 Sep 2006 08:13
- 1242 of 2511
Can anyone post it,cannot be good janet
cynic
- 15 Sep 2006 08:21
- 1243 of 2511
Victoria Oil & Gas PLC
15 September 2006
Victoria Oil & Gas Plc
15 September 2006
Well 103 Update for West Medvezhye Project, Russia
Well 103 at 3,627 metres and on schedule for completion to target depth of 3,885 metres by end of September
DeGolyer & MacNaughton increase best estimate gross prospective resource volume statement by 12%
Russian independent explorer Nadymneftegaz make new gas and condensate discovery in adjacent licence at well
less than 10 kilometres from Well 103
Victoria Oil & Gas Plc ('the Company') the AIM-quoted oil and gas company focused on the Former Soviet Union, today
announces that drilling at Well 103 at its West Medvezhye gas and condensate project (the 'Project') has reached 3,627
metres and remains on track to reach target depth by the end of September 2006.
The Company is targeting up to six potentially hydrocarbon-bearing intervals between depths of 3,200 - 3,880 metres.
Last week, a well drilled by Russian independent explorer Nadymneftegaz to a depth below 3,000 metres less than 10
kilometres from Well 103 intersected potentially commercial quantities of gas and condensate.
An updated resource statement for the Project prepared by independent reserve auditors DeGolyer & MacNaughton ('D&M') as
at 30 June 2006 prior to this discovery gives an analysis of prospective intervals by well. D&M have also revised their
best estimate gross prospective resource volume statement for the Project to 1.1 billion barrels of oil equivalent (an
increase of 12%).
cynic
- 15 Sep 2006 08:22
- 1244 of 2511
as you can see, it is really just good indications from the next door neighbour, but encouraging nevertheless even if sp has scarcely moved