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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

good call geoffsh


Victoria Oil & Gas PLC
24 May 2007



Victoria Oil & Gas Plc

24 May 2007



Test Results Exceed Expectations for Well 73 at Kemerkol Oil Project, Kazakhstan


Initial flow response of 450 barrels per day on 12 millimetre choke,
significantly more than initial expectations
Three oil-bearing intervals intersected with a combined gross thickness of
30 metres
Drill rig on site at new target Well 62


The Board of Victoria Oil & Gas Plc ('Victoria' or 'the Company')(AIM:VOG), the
oil and gas development company focused on the Former Soviet Union, today
announces better than expected test results from Well 73 at its wholly owned
Kemerkol oil project in the Atyrau Oblast of Kazakhstan.

The first of a new six well development programme at Kemerkol, Well 73 was
successfully drilled to a depth of 1,250 metres penetrating the Triassic
formation updip of Well 20. The well intersected three oil-bearing intervals
between depths of 1,169 - 1,208 metres with a combined gross thickness of over
30 metres.

The intervals flowed oil at a rate of 450 barrels per day with no water and only
traces of gas from a 20 metre perforation interval on a 12 millimetre choke.
During the flow period for the pressure build-up survey, the well produced 440
barrels per day at a reduced choke size of seven millimetres. The choke will
remain at this reduced size during an initial production period of four to six
weeks, after which it can be enlarged to optimise oil output.

Meanwhile the drilling rig has been mobilised to the site of the next well, 62,
on the eastern side of the licence block. The eastern side was not mapped in
detail by the previous 2D seismic survey, but the Company's own 3D survey has
revealed a number of potential targets.

The workover of Well 20 has been completed, but the Company is awaiting the
necessary permits to be issued by the relevant Kazakh authorities before test
production can recommence.

Tony Porter, CEO of Victoria Oil & Gas, said today, 'Well 73 has exceeded our
expectations and given us the perfect start to our development campaign for
Kemerkol. We had anticipated a flow rate close to that of Well 20's original
production level, but instead it is significantly higher. I should also point
out that we are still not at the crest of the formation. We are almost ready to
begin drilling of Well 62, our next target on the other side of the licence
block. This area had not previously been explored in as much depth and a good
result could be very significant for Kemerkol and Victoria.'

That's better! (for a change)

does better equate to really good or is it just much more encouraging?

the latter I suspect.

well no chance of making a quick turn here .... up 6 at the opening!

it'll be a slow upward rise over the coming weeks/months imho

do not mind a slow upward rise, as long as the slow downward one has stopped !

does anyone know why the price keeps dropping even though the last new was fairly good

because chart indicates as much and still no news worth getting excited about and too many peeps got badly burned about a year ago

Yes, I got badly burned...holding for recovery..however long it takes!

not sure who/what will be dead first; you or the company!

From a 10-bagger share to 2-bagger now. Miserable.

I for one am absolutely amazed people continue to hold their losers.

You don't make money in the stockmarket doing that!!

Quite right.

hyleo ..... at least you are in profit still, but quite why you did not at least top-slice if not dump all at much higher levels is between you and your god

FYI, I don't hold any VOG shares.

In answer to Big Al's comment, suppose you bought VOG at 70p. Currently you would be sitting on a loss of 30p. Approx 40%.
Sell, taking a 40% loss, which means you can invest the money elsewhere, BUT you still have to make up the 40% before you are in profit.
Hold, hoping for VOG to find oil, which means you do not have to realise a loss. If they find oil (in commercial quatity) the sp is more than likely to clear the 100p mark. Of course, the question is , how long do you wait?
Surely all exploration stocks are a 'wait & see' game up to a certain extent, plus drilling for oil in proven areas has got to be less risky than rooting around at sea trying to bring up the dregs of previous wells?

I'm always out well before I suffer a 40% loss, HARRY!! To even enter a trade expecting to be hit that hard should be unthinkable IMO.

;-))

Can anyone tell me what the current, net asset value per share of the c1 c2 reserves at kemerkol would be ?

surely NIL until such a time as the reserves are not only 150% proven but are also being extracted