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
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?
cynic
- 03 Apr 2007 12:19
- 1537 of 2511
maybe 40, but already got enough crap in portfolio like GOO, CHP and PCI
capetown
- 03 Apr 2007 12:26
- 1538 of 2511
Cheers CYNIC.
hlyeo98
- 03 Apr 2007 19:09
- 1539 of 2511
VOG will go down to 40p or even lower no doubt as there are much better oil stocks to consider.
janetbennison
- 03 Apr 2007 20:36
- 1540 of 2511
I had 30,000 vog and sold out not that long ago at .656p. I think it was around 3 weeks ago without looking back throught the paperwork. If I still held them now I would be around 3000 worse off. I was actually buying these shares at 2.50 per share in april 2006. What has happened to them? I can remember one day when they went up .80p in one day. It even went through my mind today to buy them back, but I did not. Good luck all holding.
cynic
- 04 Apr 2007 11:10
- 1541 of 2511
"glug" seems to be the order of day again, though not yet "glug glug glug"
janetbennison
- 04 Apr 2007 12:20
- 1542 of 2511
I have just bought my 30,000 vog back at .52p. Good luck all
Big Al
- 04 Apr 2007 12:23
- 1543 of 2511
I was really tempted to long this earlier today. There's certainly a base forming around 50p and the spike down this morning seemed to get bought.
cynic
- 04 Apr 2007 12:37
- 1544 of 2511
a pretty brave punt (imo) .... 48 was a reasonable level for a gamble ..... imo, 52 was too much to pay ..... so what stoploss are you inserting?
Big Al
- 04 Apr 2007 12:40
- 1545 of 2511
True.
Also note the hugh 6800 sell bot at 52p. Price ain't going anywhere ordinarily with that firing like it is.
hlyeo98
- 04 Apr 2007 16:10
- 1546 of 2511
Very brave to buy VOG at 52p.
Big Al
- 04 Apr 2007 16:13
- 1547 of 2511
They're a bit cheaper now. ;-))
hlyeo98
- 04 Apr 2007 17:24
- 1548 of 2511
VOG is only a buy at 40-42p.
cynic
- 04 Apr 2007 17:45
- 1549 of 2511
pretty much agree, and perhaps not even then
janetbennison
- 05 Apr 2007 14:25
- 1550 of 2511
did any of you manage to get back into vog? They have been up to .55p today. good luck all holding. When I bought my 3,000 back at .52p yesterday I bought them back 4080 cheaper that I sold for so I am happy. would have been bet at .48p like you said. but you have to get in some where.. good luck all.
cynic
- 06 Apr 2007 16:58
- 1551 of 2511
and almost certainly better still to put money elsewhere