this will go soon. 2p was 46p now with good news

I really do think this share will rise.......Keep an eye towards the end of August!!!
(An article I have found)
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Victoria Oil and Gas has announced that it has commenced continuous production operations at its Logbaba project, onshore Cameroon.

The start date is in line with our expectations, as outlined in our last note on the Company, dated 1 June 2012.

Gas is now being delivered to three customers with a combined demand of 0.7 mmcfd. We anticipate that these contracts have been signed at a gas price of $16/mcf, in line with previous announcements by the Company. On this basis we calculate that these contracts should earn the Company in the region of $350k of revenues per month.

Victoria is assisting a number of other customers to convert their factories to take gas and remains on schedule to increase production to 8 mmcfd by the end of the year.

We believe that the ramp up in production signifies a step change in VOG’s operations and that the Company will move into profitability and become cash generative in FY 2013. At the prevailing share price, which is trading at a significant discount to NAV, we believe that VOG looks very cheap. As such we re-iterate our Buy recommendation and target price of 8.1p

Can anyone explain the fall all the time

No I have no idea - I nearly asked the same question yesterday myself. Thought I might get some sarcastic comments about it being a crap company so didn't bother. I bought in at 3p and all it has done is go down a little each day since.

Seems to be a lot of investors asking the same question 3m.I have read Noor Petroleum who hold 3.8% of vog Could be a large seller. Not an investor here just trying to help.

Cheers. Haven't heard of Noor Petroleum perhaps I should do some research myself DC. Ah. well it is like the rest going one way or the sodding other. Thanks for trying to help.

Just looked it up, they look like vog biggest share holder



Major Shareholders
As of 1 July 2011

Shareholders Percentage of Issued Share Capital
Noor Petroleum Limited 3.8%



Other Shareholders
Directors and Senior Management 2.8%
Free Float 97.2%


Share Capital
Issued Ordinary Shares of 0.5 pence each as at 1 September 2011 2,184,269,463

Cheers, just wish sometimes I understood all the fundamentals. Have a good weekend.

Tele time, good weekend 3m

This week is got to be the turning point, with aug around the corner.
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.
Mike

Looks like a good morning....Did not start too well, but currently up 9+%!

Has there been an rns release?..........Shares are rising..........Almost 17%?

Not complaining!

second day of large volume, rising from lows, late afternoon last Friday

Wonder what the 6 million hit that was put up last thing (it is black) and the price suggests it might me a sell - anyone any idea?

MM's "monkeying around"!

The company gets some initial gas payments tomorrow from initial customers.

Trading is pretty buoyant this morning........2.8m Buy's and 3.7m sells.

Price = £0.0262 = - 0.90%

Morning
Is it this week? the old heart rate is getting faster ?
mike

Hope so.........Has had lots of activity in the buyers and sellers last week........Good result required......Then the buyers will be back in volume!

Bouncing from recent retracement today

Hi Yer
it will not be long before it is up their
mike