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
cynic
- 13 Oct 2006 11:50
- 1327 of 2511
quite so Woodie ..... for my part, i was more than pleased to see a sensible and conservative RNS ...... with the shares dropping back i am sorely tempted to buy again but do not want to get overweight through greed
jkd
- 15 Oct 2006 19:40
- 1329 of 2511
soul traders, positive, secondary, no positive, i think i understand what i think you mean, if you see what i mean,-----just kidding.---good luck and best wishes.
Big Al
- 16 Oct 2006 09:32
- 1330 of 2511
VOG now lower than before last week's news. Hmm
cynic
- 16 Oct 2006 10:21
- 1331 of 2511
i don't think there is anything untoward at all, not least because volumes are low/normal ...... prob just small offerings from peeps who were badly burnt before and have tried to sell into the rally ...... also the immediate good news has been and gone.
in my very amateurish way, i would say there is quite good support at around the current price (80/82), but also note the way the price hit 50 dma and came back down ...... therein perhaps lies your clues
cynic
- 16 Oct 2006 10:24
- 1332 of 2511
silvermede
- 16 Oct 2006 14:32
- 1333 of 2511
From the RNS 12 Oct 06:
Well to be put on test for 90 - 120 days to determine accumulation
characteristics and size.
Thus it will be mid Jan or Feb 07 before we will know the extent of the find. Some may consider this a long time to wait for positive news, but depends upon whether investors have a short, medium or long term strategy.
cynic
- 16 Oct 2006 15:31
- 1334 of 2511
any of those as far as i am concerned! .... have yet to work out whether greed will get the better of my brain at these levels!
WOODIE
- 18 Oct 2006 07:09
- 1335 of 2511
Victoria Oil & Gas Plc
17 October 2006
Issue of 20 Million Convertible Bonds
Victoria announces the private placement of up to 20 million of Secured
Guaranteed Convertible Bonds due 2009
Proceeds to be used for the Company's on-going exploration and development
programmes in Russia and Kazakhstan
Further to the announcement made on 7 September, 2006 Victoria Oil & Gas Plc
('Victoria' or the 'Company') announces today the closing of the private
placement of up to 20 million of Secured Guaranteed Convertible Bonds (the
'Bonds') to fund the exploration and development programmes of its assets in
Russia and Kazakhstan. Victoria today has issued 11.5 million Bonds, with an
option to issue an additional 8.5 million of Bonds in the next 90 days subject
to Shareholder approval. The placement of the Bonds was managed by Jefferies
International Limited ('Jefferies') acting as Sole Placement Agent.
Proceeds of the Bonds will be used to finance the Company's exploration and
production programmes at its assets in Russia and Kazakhstan. Victoria has
announced that an interpretation of open-hole logs from Well 103 at its West
Medvezhye gas and condensate project had confirmed the presence of hydrocarbons
in three potentially productive intervals. Following this discovery, the Company
will begin immediate mobilisation for testing of the intervals and further
analysis of its next exploration targets
The Bonds were privately placed at 100 per cent of the principal amount and are
denominated in Sterling. The Bonds bear a coupon of 2.5 per cent per annum until
17 April, 2007 and 6.25 per cent per annum thereafter, mature in 2009 and are
convertible in to ordinary shares of the Company. The initial conversion price
was set at a 4 per cent premium to a price determined in a pricing period
leading up to closing. The Bonds also contain other terms, including a price
readjustment provision, restrictions on issuances of certain future debt and
anti-dilution protection in the event of certain future issuances of ordinary
shares.
The Company has also secured a floating rate exchangeable note facility with ING
Bank N.V., (the 'ING Facility'), which provides for finance up to a maximum of
25 million on a draw down basis. The Company's ability to draw down on the ING
Facility is restricted until early 2007 by the terms of the Bonds, (please see
Appendix for further information).
Commenting today, Chairman Kevin Foo said, 'We are approaching a critical period
in Victoria's development with testing of our new discovery at Well 103, the
drilling of up to three further exploration wells at West Medvezhye in Russia
and development of Kemerkol in Kazakhstan. This financing has secured our
ability to complete our current development programmes and puts us in a strong
position as we head towards 2007.'
bonfield
- 18 Oct 2006 08:16
- 1336 of 2511
thats very good news. No need for a placing then.
bingobingham
- 19 Oct 2006 08:06
- 1338 of 2511
soul, I think you've done the sensible thing. It's the only stock in my portfolio that has made such a loss. I didn't have a stop loss in place, when I really should have. I still believe West Med will come up trumps for those who wait.
cynic
- 19 Oct 2006 08:13
- 1339 of 2511
bingo .... thoroughly concur ...... even those who drilled the famous Saudi Dome didn't hit a gusher every time .... in fact, even the very best in the very best locations consider themselves very lucky to achieve strike rate in excess of 50% .... perhaps the biggest worry for VOG is the potential political interference, though indications are that they have greased the right palms in one way or another.
i am staying put
Falcothou
- 20 Oct 2006 08:16
- 1341 of 2511
Victoria Oil & Gas PLC
19 October 2006
Victoria Oil & Gas Plc
19 October 2006
Significant Shareholding
Victoria Oil & Gas Plc (the 'Company') was notified on 19 October, 2006 by
Fidelity International Limited and its direct and indirect subsidiaries that its
holding in the ordinary shares of the Company was 4,128,530 representing 3.58%
of the issued ordinary share capital.
Kevin Foo / George Donne Leesa Peters/ Laurence Read
Victoria Oil & Gas Plc Conduit PR
+44 (0)207 921 8820 +44 (0)207 429 6605
+44 (0)7979 955 923
This information is provided by RNS
The company news service from the London Stock Exchange
hlyeo98
- 20 Oct 2006 11:07
- 1342 of 2511
VOG mentioned in Shares today...stated that it may take about 90 days for further news on amount of reserves. Also noticed that Shares has no column of BUY shares this week. Maybe it is because that their previous tips have not live up to their expectations.
maddoctor
- 20 Oct 2006 11:10
- 1343 of 2511
small caps have been caned and Shares has recommended many
cynic
- 20 Oct 2006 11:12
- 1344 of 2511
very happy for VOG to be prudent and quiet and sensible until they have something solid to announce
robvernon
- 24 Oct 2006 12:40
- 1345 of 2511
Can anyone shed some light on this?, I can't find reference to Barclays holding previously (I have probably just missed it).
If they do hold, have they increased or reduced?
If they didn't hold before, this is good news.
Thanks,
Rob.
This RNS alert is brought to you by Digital Look.
Victoria Oil & Gas PLC
24 October 2006
Victoria Oil & Gas Plc
23 October 2006
Significant Shareholding
Victoria Oil & Gas Plc (the "Company") was notified on 23 October, 2006 by
Barclays plc and its direct and indirect subsidiaries that its holding in the
ordinary shares of the Company was 14,435,783 representing 12.49% of the issued
ordinary share capital.
Kevin Foo / George Donne Leesa Peters/ Laurence Read
Victoria Oil & Gas Plc Conduit PR
+44 (0)207 921 8820 +44 (0)207 429 6605
+44 (0)7979 955 923
This information is provided by RNS
The company news service from the London Stock Exchange
robvernon
- 25 Oct 2006 14:32
- 1346 of 2511
It's all gone quiet...are you all peering down the hole of 103 to try and see what's there ;-)
Can anyone shed some light on the Barclays holding?
Thanks.