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
cynic
- 27 Feb 2007 08:08
- 1517 of 2511
clearly so! .... now -10p and heading south rapidly .... i'll prob stay with my small (and diminishing!) stake, but this is what happens to E&P companies when they fail to deliver and/or the market in general catches fright
Big Ted
- 27 Feb 2007 08:26
- 1518 of 2511
yes , i have lost patience and am now out, i may buy some more if they drop much lower in next few days/weeks, but would rather put money into upward rising stars, i thought this co was supposed to be sitting on massive reserves...? but wouldn't be surprised if they will need some more money soon...
ValueMax
- 27 Feb 2007 08:26
- 1519 of 2511
If you compare those production levels to those of similar O&G companies, you will see that VOG is still massively overvalued. For instance, compare to FEP or PELE, both less than half VOG's mcap.
cynic
- 27 Feb 2007 08:48
- 1520 of 2511
changed my mind ...... closed out at very small + or - to get money off the table .... don't think these are the right sort of stocks, especially when statement is something of nothing
skyhigh
- 27 Feb 2007 09:39
- 1521 of 2511
Grim isn't it !
cynic
- 27 Feb 2007 09:43
- 1522 of 2511
fine by me ..... i'm out at no worse than break even and, as predicted, FTSE reacted sharply .... was short there and have just taken that profit too
hlyeo98
- 27 Feb 2007 18:04
- 1523 of 2511
yeah cynic, many shares are looking 'cheap sale' now. SOLA will go up tomorrow.
cynic
- 27 Feb 2007 20:03
- 1524 of 2511
VOG looks to have some substantial buyers in the wings ....... As for SOLA, it is currently a no-brainer that it will be down very steeply indeed along with the rest of the market.
As i write, Dow is down more than 500 and FTSE forecasting -168 at the open
cynic
- 06 Mar 2007 09:55
- 1525 of 2511
i repeat what i said on 27/2 ...... in the past, this share has been up and down like the proverbial whore's knickers ..... however, it has been very noticeable that in the recent bloodbath, sp remained very solid.
while the share (company) remains highly speculative, it is certainly a far safer bet than ELP (Papal, please note!) and probably GOO and similar in risk to CHP.
sp this morning is +3p
TheMaster
- 06 Mar 2007 12:56
- 1526 of 2511
Suggest you all check out IEC for oil stock on the move
cynic
- 06 Mar 2007 13:24
- 1527 of 2511
not investing new money anywhere ..... don't even hold VOG at the moment ..... sold them a couple of weeks ago
scotinvestor
- 28 Mar 2007 10:29
- 1528 of 2511
zzzzzzzzzzzzzzz
scotinvestor
- 30 Mar 2007 11:49
- 1529 of 2511
this share is shit
HARRYCAT
- 30 Mar 2007 14:42
- 1530 of 2511
You might be right scot, but if the sp goes to 50p, I think it might be worth a punt just on hope of a bounce.
cynic
- 30 Mar 2007 15:03
- 1531 of 2511
it looks to me as though the big russian(?) buyers who were supporting have now had their fill
Falcothou
- 02 Apr 2007 07:38
- 1532 of 2511
ctoria Oil & Gas PLC
02 April 2007
Victoria Oil & Gas Plc
2 April 2007
Commencement of drilling at Kemerkol Oil Project, Kazakhstan
Drilling begun at Well 73, first of six new wells at Kemerkol oil project
Work-over to commence soon at producing Well 20 to increase oil yield
Mid-year production target of 500 barrels per day of oil
Victoria Oil & Gas Plc ('Victoria' or 'the Company')(ticker: VOG) the oil and
gas development company focused in the Former Soviet Union announces today that
drilling has commenced at the first well of its 2007 development programme at
its Kemerkol oil project in Kazakhstan.
Well 73 will be drilled to a depth of 1,350 metres updip of Well 20, which has
been producing oil since March 2006. Well 73 will be constructed in two stages
with a static rig used for drilling and a truck-mounted work-over rig to be
moved in for completion and testing. This operation is expected to take around
two months. During completion of this well, the static rig will be relocated to
the next target location.
Well 73 is the first of a six well drilling campaign at Kemerkol to be
undertaken by Victoria during 2007 using this dual rig approach to maximise
efficiency. The Company believes that a target oil production level of 500
barrels per day is attainable by mid-year.
Meanwhile, Well 20 has been temporarily shut in pending a work-over to increase
oil production from this well. The work-over is expected to commence in April
and will take around three weeks to complete.
Commenting today, Victoria's Chief Executive Officer Tony Porter said, 'The
spud-in of Well 73 signals the start of our strategy for boosting cash
generation from production at Kemerkol. If the drilling of 73 and the work-over
of Well 20 are successful, we could have in excess of 300 barrels of oil flowing
per day to begin with.'
Kevin Foo / George Donne Laurence Read/Ed Portman
Victoria Oil & Gas Plc Conduit PR
+44 (0)207 921 8820 +44 (0)207 429 6605
+44 (0)7979 955 923
Toby Hayward/Jack Pryde
Jefferies International
+44 (0)207 618 3500
cynic
- 03 Apr 2007 09:51
- 1533 of 2511
i have been a big fan of VOG in the past, but i am sorry to say that if you are still a holder, you should seriously consider cutting your losses ...... the latest RNS is less than exciting and there seems nothing to stir the blood even on the horizon ..... perhaps VOG will come good one day, but meanwhile it is even worth looking to short
HARRYCAT
- 03 Apr 2007 11:21
- 1535 of 2511
Possibly you are right, cynic, but I still think there will be the usual hype when the drilling reports become imminent.
In a couple of months there should be a rns on well 73, followed by 5 more in the Kemerkol project over the year. The sp will, imo, drift down before that, but I still think it is worth watching closely.
capetown
- 03 Apr 2007 11:22
- 1536 of 2511
Cynic,at what price would you get back into this stock?