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
- 10 Sep 2007 08:13
- 1683 of 2511
implication from RNS is yet more bad news - i.e. if there was good news, it would have been shouted from the rooftops
hlyeo98
- 10 Sep 2007 08:15
- 1684 of 2511
Victoria Oil and Gas issue an ambiguous operations update
Tuesday, September 4, 2007, 07:59 AM
AIM listed Victoria Oil and Gas (VOG) today issued a somewhat ambiguous operations update that has had investors in discussion all day trying to determine how positive or negative the underlying message is.
The update concerns well 103, located in Siberia, Russia.
Since perforation in January 2007, the well has produced around 250 BOPD. The flow was impaired by residual fluid, around half of which has now been removed. A Pressure Build-Up (PBU) test was then carried out over 15 days. The maximum registered pressure was 564 bar indicating that the reservoir is significantly over-pressured. This significantly over-pressurised comment provided the first point of discussion.
The update confirmed that VOG plan to extract the remaining completion fluid, and establish a regular flow, and complete another PBU test to establish reliable reservoir parameters, by Q4 2007. The results will then be submitted to the Ministry of Natural Resources together with the calculation of recoverable reserve volumes for the structure around Well 103.
The update then continued with the statement On approval of the data and calculations, any recoverable reserves will be entered into the official record of Russian State Reserves, with the various interpretations of any recoverable reserves being the focus of more discussion amongst holders.
Tony Porter, Chief Executive Officer of VOG confirmed that "Well 103 is the first exploration well to be drilled to this depth on the block. The tests conducted so far confirm the presence of hydrocarbons and significant reservoir pressure in the target horizon, but the key parameter of permeability has not yet been fully determined.
---
WOODIE
- 10 Sep 2007 08:20
- 1685 of 2511
hlyeo that was last weeks
WOODIE
- 10 Sep 2007 08:21
- 1686 of 2511
Victoria Oil & Gas PLC
10 September 2007
Aim Release
10 September 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 exploration Well 70 and has recommenced production from
Well 20 at its wholly-owned Kemerkol oil project in the Atyrau Oblast of
Kazakhstan.
Well 70 was drilled to a total depth of 763 metres to explore the south of the
license block close to a major east-west trending fault, up-dip of the well
location. The logging results indicated all potential reservoir sands in the
Jurassic and in the deeper Triassic to be water bearing and not hydrocarbon
productive.
The conversion of Well 45 into a water re-injection well has been completed and
Well 20 has been brought back into economic production. Using a progressive
cavity pump, this well is currently producing approximately 140 barrels per day
of fluid, of which 25 barrels per day is oil. With the installation of a larger
pump the Company reasonably believes that it can at least double oil production
from this well.
Having reprocessed the 3D seismic results using the physical data gathered from
the exploration and development drilling undertaken, the Company has re-
confirmed that the next exploration drilling location, Well 66, will be in the
eastern area of the license block at the top of an anticline structure.
Tony Porter, CEO of Victoria Oil & Gas, said today, 'So far our exploration
activities have centred on finding potentially hydrocarbon-bearing locations
sealed by fault lines running through the block. Well 66 is a different play
concept targeting an anticline rather than a fault and should be spudded in a
matter of days.'
Porter added, 'The completion of operations at Well 45 and 20 is positive news
and we will now look to maximise production from this location. Well 20 is
producing at a limited rate at present, but with more efficient extraction
through a larger pump on this well plus our existing test production at well 73,
we should see a significant increase in oil yield'.
Kevin Foo / George Donne Jonathan Charles / Ed Portman
Victoria Oil & Gas Plc Conduit PR
+44 (0)207 921 8820 +44 (0)207 429 6666
+44 (0) 7733 363 501
Toby Hayward / Oliver Griffiths
Jefferies International
+44 (0)207 618 3500
The information in this release has been reviewed by Gerd Fabel, SPE, who is a
qualified person for the purposes of the AIM Guidance Note for Mining, Oil and
Gas Companies. Mr. Fabel is Head of Exploration at Victoria Oil & Gas Plc and
is qualified as a petroleum engineer with over 25 years experience in oil and
gas exploration and production.
This information is provided by RNS
The company news service from the London Stock Exchange
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cynic
- 10 Sep 2007 08:23
- 1687 of 2511
the market has reacted as expected ..... dump!
hlyeo98
- 10 Sep 2007 08:36
- 1688 of 2511
Production not impressive.
steveo
- 10 Sep 2007 22:52
- 1689 of 2511
my car leaks more than 25 barrels a day
Peter123
- 12 Sep 2007 21:51
- 1690 of 2511
Any more news coming up?
janetbennison
- 16 Sep 2007 17:46
- 1691 of 2511
vog is dwindling away to nothing now. Have a look at british bulls site - they say sell at .2275pence. I would never have thought that this co. would have gone down to this level. Dyou still have your shares cynic? The stock market is in a terrible state at present.
cynic
- 16 Sep 2007 17:49
- 1692 of 2511
not likely, janet! ..... sold out many months ago at a thumping loss at about 85/90 ..... have not quite had the courage to short either, though there will need to be some dramatic news to stop the fall continuing, and past record is not encouraginmg on that score
janetbennison
- 16 Sep 2007 17:51
- 1693 of 2511
If I sell now there will not be a lot to come back.
cynic
- 16 Sep 2007 19:30
- 1694 of 2511
and maybe even less if you handg on .... tough call this late in the game
janetbennison
- 27 Sep 2007 12:36
- 1695 of 2511
vog up .05and a quarter pence this morning. does anyone know why?
scottinvestor
- 27 Sep 2007 12:48
- 1696 of 2511
cos it cant get any worse or it will be off LSE!!!
Peter123
- 27 Sep 2007 12:50
- 1697 of 2511
They must have discovered something?
scottinvestor
- 27 Sep 2007 13:50
- 1698 of 2511
yes and usual folk in know are buying.......its corrupt the stock market
cynic
- 27 Sep 2007 15:24
- 1699 of 2511
stop being so damn wet and pathetic! ...... if you don't like the way the game is playeds, then don't join it; there's no obligation!
janetbennison
- 28 Sep 2007 08:32
- 1700 of 2511
vog up 7 percent this morn. Must be some news due.
janetbennison
- 28 Sep 2007 10:55
- 1701 of 2511
vog now up 15 percent. Does anyone know why and are any of you still with this one?
scottinvestor
- 28 Sep 2007 11:28
- 1702 of 2511
i still holding and will continue to do so until this rockets up again
no point in bailing when it went sub 50p.
i hold most shares for a few years anyway so it dont bother me much.
it will teach me a lesson about russia.........its going back to the old days under putin.