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
cynic
- 20 Apr 2007 11:40
- 1568 of 2511
just below the header where it also shows sp range etc during the day .... volume now 1,738,444
WOODIE
- 20 Apr 2007 12:02
- 1569 of 2511
cynic cheers see it now need new glasses lol
peeyam
- 20 Apr 2007 12:40
- 1570 of 2511
"The Moscow Times reported that Mitvol is also looking at the operations of Victoria Oil and Gas PLC, which is developing the West Medvezhye field in Siberia." todays statement from the ministry did not make any mention of VOG. so how much lower can this one go if it breal support at 48.5 any ideas?
cynic
- 20 Apr 2007 12:45
- 1571 of 2511
certainly 40p
peeyam
- 20 Apr 2007 12:51
- 1572 of 2511
well then i buy @ 40 :) thx cynic
cynic
- 20 Apr 2007 13:21
- 1573 of 2511
did not say buy at that level ..... more inclined to look at shorting at this level and then perhaps close position at 40 ..... not the same thing
robvernon
- 20 Apr 2007 14:43
- 1574 of 2511
cynic... you didn't miss anything in the article...you clearly have more of an insight than I do, I didn't realise these could just be rantings from Mitvol so thanks for the views..I guess that's why the SP hasn't dropped any further. I just hope VOG isn't another EEL as I will have no more fingers left to be burnt if this goes down the pan!
cynic
- 20 Apr 2007 14:56
- 1575 of 2511
confess i only skimmed the article, so i may be wrong ..... as for VOG, i am afraid that having been a long-time fan a year or so back, i burnt myself quite badly (damn fool!) by buying back in when i thought sp had dropped sufficiently, following which it tanked almost o'night ...... does not feel to me that there is anything good for VOG, certainly in the immediate future ..... that is why i am quite tempted to short
HARRYCAT
- 20 Apr 2007 15:49
- 1576 of 2511
I agree, except that I think that the following:
" Drilling begun at Well 73, first of six new wells at Kemerkol oil project"
will produce the usual hype & boost to the sp as each peice of news becomes imminent.
"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."
So I think early June should be the first piece of news.
new boy
- 22 Apr 2007 13:24
- 1577 of 2511
Still debating about this stock, some things never change.
Kemerkol might be producing 500 bpd by mid summer. and well 103 is still on test and was last flowing at 350 bpd of condensate hardly any thing to get exicted about, with a market cap of 60 million this would fall further if it wasnt for the unproven resources.
What a joke, at this price its worth a small flutter, but being relistic theres plenty of time to get into the action , if and when its producing 1000s of bpd and cash flow positive.
Each to there own, some times its best to wait and watch, good luck to all those who hold though.
lizard
- 22 May 2007 08:20
- 1578 of 2511
cynic
- 22 May 2007 08:33
- 1579 of 2511
arguably worth a small punt, but to trade rather than hang on to for grim death
700202
- 22 May 2007 08:37
- 1580 of 2511
News soon after write up in the Times today on update west/m gas fortune.
skyhigh
- 22 May 2007 09:23
- 1581 of 2511
Rumour of the day (The Times today)
Shares in Victoria Oil & Gas rose 2p to 45p on talk that the company was close to providing a drilling update on its West Medvezhye gas project in Siberia the first since a management shake-up in January. The shares reached a high of 274p last year after an independent study showed 5,500 billion cubic feet of gas at the site, although that figure was reined back later.
lizard
- 22 May 2007 09:35
- 1582 of 2511
rns- more delays.
skyhigh
- 22 May 2007 09:38
- 1583 of 2511
another false dawn damp squib...can see this drifting below 40p maybe even sub 30p beckons...ouch!
cynic
- 22 May 2007 09:42
- 1584 of 2511
glad i resisted temptation (greed) but i don't think i can persuade myself to short either
lizard
- 22 May 2007 09:44
- 1585 of 2511
more delays but it aint all bad imo.
cynic
- 22 May 2007 09:48
- 1586 of 2511
why is it not all bad? ..... the parson's egg wasn't either! ...... 40 is certainly the next support, but there is no obvious reason why even that should hold ...... VOG has disappointed far too often and the market has had enough ....... see EME and ELP for similar share performance
geoffsh
- 22 May 2007 17:44
- 1587 of 2511
An update from Kazakhstan is due out within the week,let us hope it is very positive.