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
skyhigh
- 05 Jun 2007 10:34
- 1600 of 2511
Yes, I got badly burned...holding for recovery..however long it takes!
cynic
- 05 Jun 2007 10:47
- 1601 of 2511
not sure who/what will be dead first; you or the company!
hlyeo98
- 05 Jun 2007 10:50
- 1602 of 2511
From a 10-bagger share to 2-bagger now. Miserable.
Big Al
- 05 Jun 2007 10:55
- 1603 of 2511
I for one am absolutely amazed people continue to hold their losers.
You don't make money in the stockmarket doing that!!
seawallwalker
- 05 Jun 2007 10:59
- 1604 of 2511
Quite right.
cynic
- 05 Jun 2007 11:09
- 1605 of 2511
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
hlyeo98
- 05 Jun 2007 14:38
- 1606 of 2511
FYI, I don't hold any VOG shares.
HARRYCAT
- 05 Jun 2007 15:03
- 1607 of 2511
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?
Big Al
- 05 Jun 2007 15:55
- 1608 of 2511
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.
;-))
geoffsh
- 13 Jun 2007 08:54
- 1609 of 2511
Can anyone tell me what the current, net asset value per share of the c1 c2 reserves at kemerkol would be ?
cynic
- 13 Jun 2007 10:04
- 1610 of 2511
surely NIL until such a time as the reserves are not only 150% proven but are also being extracted
scottinvestor
- 13 Jun 2007 12:18
- 1611 of 2511
as usual you aint a clue cynic............its probable, possible etc which is why little companies such as BP are valued.
cynic
- 13 Jun 2007 12:23
- 1612 of 2511
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?
scottinvestor
- 13 Jun 2007 12:24
- 1613 of 2511
cos i would be on this about 12 hours a day on all the threads that you type drivvle on
cynic
- 13 Jun 2007 12:28
- 1614 of 2511
you only have to answer geoffsh's question instead of wasting your incredibly valuable time on trying, rather pathetically, to badmouth me ..... or does one assume the obvious - i.e. you haven't a clue
skyhigh
- 27 Jun 2007 08:46
- 1615 of 2511
nice to see small, consolidated increase in the sp.. at least it looks a more solid sp at these levels !
skyhigh
- 27 Jun 2007 12:13
- 1616 of 2511
Sorry, it was my fault ! as soon as I said it was looking better it fell back ! typical!
HARRYCAT
- 27 Jun 2007 14:04
- 1617 of 2511
Try the opposite tack. Maybe denouncing VOG in colourful expletives will push the sp in to orbit!
geoffsh
- 06 Jul 2007 12:48
- 1618 of 2511
Update on Kemerkol due to be released shortly.
skyhigh
- 06 Jul 2007 13:04
- 1619 of 2511
does that mean today or next few days ?