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
sned
- 02 Aug 2007 14:55
- 1631 of 2511
total chart novice - so would know what the chart says, the yuk! bit ....
Harry - and what would improved flow rates be 700 bpd..? and this woud then represent a better portfolio for them .... may be the charts don't lie then if I am to go by C analysis
cynic
- 02 Aug 2007 15:00
- 1632 of 2511
very simple these charts ..... sp is at the bottom of its pit with no inclination to rally ..... 25+50 dma (daily moving average) are the red and green lines and are likely to pose some quite solid resistance unless the news is unexpectedly good ...... don't buy!
maddoctor
- 02 Aug 2007 15:00
- 1633 of 2511
presently sitting on the old support at 38 (from mid 2005 ) little else to say except if it drops from where it is at the mo then its decision time
there is another support at 30
sned
- 02 Aug 2007 15:04
- 1634 of 2511
Thanks all - gd 2 talk, nearly dipped in the when the SP eased ...
HARRYCAT
- 02 Aug 2007 15:08
- 1635 of 2511
Don't know the answer to that, sned.
VOG are underfunded & under resourced so these results are going to be critical to future plans. Anything under 500bpd is not going to impress the investors, imo. But often the sp goes up just on expectation with these companies so possibly worth a very speculative, high risk punt.
maddoctor
- 02 Aug 2007 15:15
- 1636 of 2511
sned , its all sanity here now , you should have been around when they were going to find 10 trillion million barrels :-)))
sned
- 02 Aug 2007 15:18
- 1637 of 2511
hmm! at 350 bpd, now that would have been a waste IMHO
cynic
- 02 Aug 2007 15:22
- 1638 of 2511
VOG have disappointed too many too often for too long ...... sp is unlikely to get carried away by hype and expectation ..... if by some fluke VOG come up with something approaching Eldorado, there will be plenty of time to jump in
HARRYCAT
- 02 Aug 2007 15:27
- 1639 of 2511
If they come up with Eldorado they are going to be speechless, 'cos it aint the solid stuff they are after!!!:o)
cynic
- 02 Aug 2007 16:07
- 1640 of 2511
so far they have come up with solid SHIT, so gold would make a change .... lol!
WOODIE
- 06 Aug 2007 07:10
- 1641 of 2511
Victoria Oil & Gas PLC
06 August 2007
Aim Release
6 August 2007
Victoria Oil & Gas Plc
Drilling Update at Kemerkol Oil Project, Kazakhstan
Victoria Oil & Gas Plc ('Victoria' or 'the Company'), (AIM:VOG), the oil and gas
company focused on the Former Soviet Union, today announces that it has
completed drilling of Well 72 at its wholly owned Kemerkol oil project in the
Atyrau Oblast of Kazakhstan.
The well was drilled to a total depth of 1,279 metres to further appraise the
aerial extent of the producing reservoir in the western section of the licence
block. The well location was determined using logs from Well 73, a producing
well drilled earlier this year and existing seismic data. The main marker
horizon (reflector) used for the seismic data interpretation was the Top
Triassic, which was encountered in Well 73 approximately 90 metres above the
producing horizon.
At Well 72 the Top Triassic was drilled 18 metres higher than in Well 73, as
expected, but the target horizon was encountered at 1,198 metres, almost 130
metres below the Top Triassic due to an incursion of additional strata between
these two horizons. As these strata occurred below the main reflector, they were
not accurately determined on existing seismic maps. The target horizon was
therefore intersected below the oil / water contact and oil saturations in this
horizon are not sufficient for commercial production.
Tony Porter, CEO of Victoria Oil & Gas, said today, 'Our plans for the
development of Kemerkol have not changed. We aim to increase both production and
reserves by adhering to our exploration programme and we firmly believe that
this is still achievable. The next well, Well 70, will be spudded in a matter of
weeks and will target a promising new structure in the south of the licence
block. Furthermore, with the completion of this well we will have sufficient
data from all new wells to improve greatly our seismic model.'
For further information please contact
skyhigh
- 06 Aug 2007 07:27
- 1642 of 2511
Ugh! groan on !.......................................another duffer! another sp drop !
cynic
- 06 Aug 2007 08:32
- 1643 of 2511
from bad to worse ....... 40p was a significant support (conversely now a resistance), and with that now broken significantly, this stock is well worth considering to SHORT ....... from being the market's darling only 18 months ago, it is now the pariah and it is not obvious from where its salavtion will come ...... arguable support at 30, but thereafter, nowt but the pit
smiler o
- 06 Aug 2007 09:00
- 1644 of 2511
Still keep that eye on fogl !
poldark
- 06 Aug 2007 10:54
- 1645 of 2511
PRO REFERENDUM MARCH AND RALLY
LONDON
SATURDAY 27TH OCTOBER
WWW.PRA.UK.COM
poldark
- 06 Aug 2007 10:55
- 1646 of 2511
PRO REFERENDUM MARCH AND RALLY
LONDON
SATURDAY 27TH OCTOBER
WWW.PRA.UK.COM
hlyeo98
- 06 Aug 2007 23:47
- 1647 of 2511
I thought Well 72 was going to turn the company around.
sned
- 07 Aug 2007 01:29
- 1648 of 2511
103 apparently
scottinvestor
- 07 Aug 2007 10:40
- 1649 of 2511
considering all the doom and gloom here yesterday, its only about 2p down....big deal!
This time last year i was predicting big downturn, i got slagged off and suddenly share went up and i stupidly bought in as all the muppets here were against me, now i'm 7k down and patiently waiting.
Last time i take note of any rampers on a thread.
cynic
- 07 Aug 2007 10:51
- 1650 of 2511
sorry m8, but see no good reason at all to leave your money in VOG ...... am delighted i got out at about 85/90 from memory, albeit with a hammering, but a damn sight less than i had i continued to hold