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
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
skyhigh
- 06 Apr 2007 18:32
- 1552 of 2511
This from Peter Shearlocks Small Cap Stock Picks rec'd last night (for what it's worth!)
Victoria switches attention to Kemerkol
It has been a rotten ride at Victoria Oil & Gas (VOG) since I tipped the shares in January last year at 162.5p, and they have continued to slide in the past week to a current 50.5p. But with a change of management at the top and a new strategy to switch the thrust of the drilling spend away from the tricky West Medvezhye field in Mongolia to the Kemerkol field in Kazakhstan, VOG is a lot more likely to start generating cash flow sooner rather than later.
Last week it announced a six-well drilling programme in Kemerkol that it hopes will result in production of around 500 barrels a day by mid-year. There will still be drilling at West Medvezhye and VOG also has its sights set on acquisitions. The shares should not be sold now.
Best wishes
janetbennison
- 06 Apr 2007 18:55
- 1553 of 2511
I have bought mine to hang on to for a while. good luck
skyhigh
- 12 Apr 2007 14:35
- 1554 of 2511
this released today (issue of equity)
Commenting today, Chief Executive Officer Tony Porter said, 'With critical
periods fast approaching at both our major assets, strengthening our financial
position has been a priority. To have secured this additional funding is a great
boost to the Company.'
What boost ? SP has dropped ! sub 40p here we come !
HARRYCAT
- 12 Apr 2007 15:21
- 1555 of 2511
This boost:
Victoria Oil & Gas Plc
12 April 2007
Issue of 7.25 Million Convertible Bonds
Private placement of 7.25 million of Secured Guaranteed Convertible Bonds
due 2009 further to the 11.5 million issued in October 2006 (the 'Bonds')
Proceeds to be used for the Company's on-going exploration and development
programmes in Russia and Kazakhstan
Victoria Oil & Gas Plc ('Victoria' or the 'Company')(AIM:VOG) announces today
the issue of a further 7.25 million Secured Guaranteed Convertible Bonds (the
'Further Bonds') The Further Bonds were issued under the same terms as those
announced on 17 October 2006.
skyhigh
- 12 Apr 2007 15:30
- 1556 of 2511
Not impressed anyone has it ?
hlyeo98
- 12 Apr 2007 18:15
- 1557 of 2511
VOG is running out of cash...beware.
HARRYCAT
- 12 Apr 2007 22:11
- 1558 of 2511
Unless they hit a gusher of course, which would help the bank balance considerably!
hlyeo98
- 12 Apr 2007 22:55
- 1559 of 2511
VOG would need a sniffer dog for that.
robvernon
- 20 Apr 2007 10:05
- 1560 of 2511
Potential problems on the horizon..SP down today but not as hard as expected
http://www.mineweb.net/mineweb/view/mineweb/en/page58?oid=19849&sn=Detail
Any views welcome? Not sure if I should get out and take the hit or go long-term.
cynic
- 20 Apr 2007 10:09
- 1561 of 2511
fell out of love (and money!) with VOG some time back ...... chart says short with buy-back target of 40p