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
bonfield
- 15 Jan 2007 13:11
- 1441 of 2511
I've got IG as well. irritating that VOG has been practically untradeable with them for months. The spread's wide enough to drive a bus thro' at the mo. I suspect every man and his dog is already long VOG, hence closing deals only.
cynic
- 15 Jan 2007 13:37
- 1442 of 2511
2.25p spread is not untoward for such a stock ..... in fact, managed to buy 10k at 61.5p this morning (willing seller; willing buyer), and hope that will not prove foolhardy ...... certainly not a significant exposure, but have no wish for it to be!
wayne300808
- 15 Jan 2007 15:30
- 1443 of 2511
Many reservoirs have water content - thats why production platforms have seperation plants installed as norm - it only becomes a commercial problem when the water ratio is more than the hydrocarbon content or it freezes in the production process. The latter is usually controlled by glycol injection.
hlyeo98
- 16 Jan 2007 11:59
- 1444 of 2511
Investors are still looking cautious on VOG. So far we do not know how much water ratio there is.
lizard
- 19 Jan 2007 14:20
- 1445 of 2511
vog seems to get hammered daily. surely the last drilling update was encouraging. what does 350bpd condensate work out in bopd equivalent?.
skyhigh
- 19 Jan 2007 15:44
- 1446 of 2511
Grim isn't it ?
Update was too little and too late.
40p on the way! (imo)
skyhigh
- 19 Jan 2007 15:44
- 1447 of 2511
then it's 20p
fliper
- 19 Jan 2007 16:19
- 1448 of 2511
SEO chart ?
cynic
- 19 Jan 2007 16:22
- 1449 of 2511
hope it's not that bad! ....... can't believe VOG are sitting on nothing worthwhile, though along with everyone else, sure as hell wish they would find and annnounce it!!
700202
- 19 Jan 2007 16:50
- 1450 of 2511
i had vog in nov 05 @ circa 80/95p when they had BIG find of gas/oil and sold at 180p-220p in jan/feb 06 what has happened to this find ?? as i bought back in i am holding 20k @85p this is below my original price before the BIG find
i was "well "pleased [excuse the pun] just seems the previous find has "evaporated " [i know] and got forgotten about
lizard
- 19 Jan 2007 21:40
- 1451 of 2511
what big find in 06?. it was unjustified hype that took them to 265p. now reality is in place but possibly cheap at current levels after recent testing update.
700202
- 21 Jan 2007 20:14
- 1452 of 2511
LIZARD on the 16th november 2005 gas find confirmed of 1/2 trillion cu ft gas which i would think is BIG, look at the news on RNS
as far as i am aware it is still there in west medvezhye the current drilling is a bonus to the above
700202
- 21 Jan 2007 20:15
- 1453 of 2511
LIZARD on the 16th november 2005 gas find confirmed of 1/2 trillion cu ft gas which i would think is BIG, look at the news on RNS
as far as i am aware it is still there in west medvezhye the current drilling is a bonus to the above
please correct me if i am wrong
lizard
- 22 Jan 2007 08:12
- 1454 of 2511
cheers 700202- dont hold but thought they were drilling to determine reserves at the moment?. perhaps past figures were just speculative estimates now they can put a clearer figure on it. which has recently resulted in disappointment on overestimating hence sp. but last testing figures looked encouraging but still no proof of reserves?.
cynic
- 22 Jan 2007 08:46
- 1455 of 2511
i think that the major prob is that though VOG have seemingly confirmed reserves (one of the "experts" can explain the exact meaning of the difference of the various categories of reserves), VOG are not actually getting it out the ground ..... and that of course is what would make the sp fly.
meanwhile, though we have the latest drilling indication from Well 103, there is not yet proof .of wxactly what is down the hole ..... last RNS suggested the definitive(we hope!) report will not be out until March or even April
lizard
- 22 Jan 2007 09:05
- 1456 of 2511
cynic- i had thought testing would take 90 to 120 days to reach its conclusion. are we not now in the last 30day cycle of testing. so in that case results should be known in feb?.
cynic
- 22 Jan 2007 09:08
- 1457 of 2511
if you go back to the original RNS in late october, i think it said drilling would start before end 2006, and that the final report would be 90/120 days thereafter ..... it follows that to expect that report during feb would be pretty optimistic
lizard
- 22 Jan 2007 09:13
- 1458 of 2511
refering to rns 12th oct 06. states 90 -120days.
'anticipates commencement before the year end'. so when it started?.
the first ideas on testing released recently were around 90 days from 12/10/06. so perhaps further advanced.
cynic
- 22 Jan 2007 09:35
- 1459 of 2511
we shall see ..... you know how overexcited all the the lemmings get, so a little dampening would do no harm .... lol!
fliper
- 22 Jan 2007 15:53
- 1460 of 2511
Still falling , mid 40s could be a turning point , or will it go lower ?