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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

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

as usual you aint a clue cynic............its probable, possible etc which is why little companies such as BP are valued.

so you reckon that something totally unproven has a nett asset value?
and if you are so clever, and you certainly like to portray yourself as such, why do you not answer the question?