niceonecyril
- 24 Jul 2005 15:48
">
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
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 ?
skyhigh
- 22 Jan 2007 16:06
- 1461 of 2511
the way it's going...it's gotta be lower ! :(
hlyeo98
- 22 Jan 2007 18:15
- 1462 of 2511
It is all up to Kevin Foo to give us some good news.
700202
- 22 Jan 2007 20:42
- 1463 of 2511
hlyeo i think they have loads in the bag and think the market makers are having a great time
bingobingham
- 23 Jan 2007 08:29
- 1464 of 2511
I could without this going lower. it's hurting my wealth. Bought at an average of 200!
hlyeo98
- 23 Jan 2007 08:47
- 1465 of 2511
Stop-loss would have help, bingobingham
cynic
- 23 Jan 2007 09:16
- 1466 of 2511
bingo .... i think on balance you should prob hang on, though i am not manager of your pain threshhold ..... i suspect VOG will come in with a decent result in the fullness of time, but then i only bought in (again) at 61 and modestly at that
maggiebt4
- 23 Jan 2007 10:06
- 1467 of 2511
Bingo... I think you should hang on to if only to keep me company I bought in at 180 and not so modestly
cynic
- 23 Jan 2007 12:17
- 1468 of 2511
substantial up-tick today with quite heavy volumes by the look of it ..... would normally have suspected bear closing, but as sp has not fallen anywhere near the (notional) 40p support level, it is just conceivable that there is a leak of good news to the inner circle.
possibly or even probably grasping at straws, but you never know .... certainly not topping up!
shadow
- 23 Jan 2007 13:34
- 1469 of 2511
NOTE: Details are emergeing, that a O&G operator. Petroneft (PTR) have applied for an extention, for seismic survey been conducted in the Tomsk regioN in Siberia, Russia. The first of 3 wells, It was anticipated that the drilling would commence January 2007. But now extensive delays, with the spudding will be resumed at a later date of 6-8 weeks and more additional seismic surveys are to postponed. Possibly delaying thiis untill late February 2007.
cynic
- 23 Jan 2007 14:53
- 1470 of 2511
all very interesting ..... but what has that to do with VOG?
Falcothou
- 23 Jan 2007 22:36
- 1471 of 2511
Light sweet crude up 2.46 dollars ! Has oil bottomed, I hope so fo the sake of biofuels and vog!
shadow
- 25 Jan 2007 14:40
- 1472 of 2511
Over in Siberia the Ptr company are experianceing delays as the crane is damaged, also reports are said to, the drilling equipment is severley damaged and unduly delays are expected. Therefore no drilling will start untill Mid March by the earlest.
Spectrum
- 25 Jan 2007 14:55
- 1473 of 2511
Drilling is going to start much sooner than March trust me, hold tight everybody and fill your boots with these share now.