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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

janet the results were issued a few weeks ago,it is the agm on the 28th

thankyou for that woodie

relatively speaking, VOG have staged an impressive recovery in the last week or so ..... the big Q as always, is whether or not it has any foundation or whether it is just a some bears realising their profits made over recent months, with a few sheep(?) then jumping on board because they see some upward movement.

Baa Baa did you miss the boat cynic!!

no .... glad not to have even attempted to jump on board ...... lost plenty of money on this little gem a year or so ago, cutting my final losses at about 85/90

janet no probs
Victoria Oil & Gas PLC
30 November 2007



Victoria Oil & Gas Plc


30 November 2007


Victoria Oil & Gas Plc
(AIM: VOG)
Preliminary Announcement of Results for year ended
31 May 2007


Highlights

Testing of Well 103 at West Medvezhye gas and gas condensate asset in
Siberia, Russia, nearing completion
Steady production of around 400 barrels of oil per day from Kemerkol oil
field in Kazakhstan

Appointment of Renaissance Capital, the renowned emerging markets
investment bank, as financial advisors to the Company as part of a
comprehensive internal review

Focus for 2008 to include strengthening management, improving drilling
success rate at all operations and acquisition of at least two value
enhancing projects with proven reserves and production



For further information please contact:
Kevin Foo / George Donne Jonathan Charles / Ed Portman
Victoria Oil & Gas Plc Conduit PR
+44 (0)207 921 8820 +44 (0)207 429 6607
+44 (0) 7733 363 501

Toby Hayward / Oliver Griffiths
Jefferies International
+44 (0)207 618 3500


Chairman's Statement

Dear Shareholder,

Since the Company listed on AIM in July 2004 we have seen many changes in the
markets and in our FSU operating environment. In this period our key successes
have been the acquisition of the potentially very large West Medvezhye gas and
gas condensate project in Russia and the Kemerkol oil project in Kazakhstan.

At West Medvezhye we have completed three exploration wells and are currently
working on the fourth, number 103. This has shown modest condensate and light
oil flows, which may or may not be economic. Importantly, our technical team
demonstrated its ability to drill and complete successfully its first deep well
to depths below 3,800 metres.

At Kemerkol, we have completed five out of our original six well drilling
programme and current production is a steady 400 barrels per day. We hope to
increase Kemerkol production in 2008 with the eventual goal of covering all
Company overheads by income from this property.

Early in 2007 we appointed Tony Porter as Chief Executive Officer and his
detailed report is attached. Tony was tasked with cutting costs and increasing
revenue and he has successfully achieved this in a short time. Tony intends to
finish up at the end of the year once his contract expires as he wishes to focus
on his consulting business. We have already had discussions with a number of
high-quality candidates for the role of CEO and I look forward to unveiling
Tony's successor to you shortly.


Review

Recently, the Board undertook a fundamental internal review of the Company and
we have reached several important conclusions that I wish to share with you:


Drilling success rates at West Medvezhye and Kemerkol, whilst not below
industry averages, have not met the strike rate that the Company expected
and hoped for. Non-commercial wells not only cost millions of dollars,
they also erode confidence in a company and the share price suffers.
While we strive to achieve our drilling plans as efficiently as possible,
there are no shortcuts to success and if further evaluation is needed we
will do so, as can now be witnessed at Kemerkol

There has been pressure on the Company to drill wells as fast as possible,
usually to meet weather windows, to test structures and potential
hydrocarbon flows whereas more considered evaluation of seismic and
geological data may have improved the strike rate

Operating in the FSU had become more difficult, with major challenges
involving weather, local and federal politics, but our teams have met
these challenges well and as a net result we feel that Victoria is more
'battle hardened' than before

Financing of the Company, via a $38 million convertible bond in late 2006
was a welcome contribution, but it is in the long term interests of the
Company to re-organise this component of our financial structure to more
traditional equity

Despite reviewing dozens of projects we have not succeeded in making
any appropriate acquisitions. The reasons for this often involved the poor
quality of data and projects, unrealistic expectations of vendors and the
failure of projects to stand up to due diligence investigations

Full time executive management and a strengthened technical group is
needed to ensure focus, attention to detail and a better ability to
support our acquisition teams

So, what is the Company doing about these issues? We are actively solving them
and your Company is now undergoing a 'top to bottom' review which involves
assessment of all of our physical and human assets, the major challenges
confronting us now and how we can improve our success rate in drilling and
increasing production and new deal flow.

To assist us in this review, we have appointed the internationally renowned
emerging markets investment bank Renaissance Capital as our financial advisors
as we investigate all elements of the Company. Renaissance is a premier Russian
financial advisory house and leads the market in equity and debt capital market
transactions as well as having unsurpassed experience in mergers and
acquisitions not only in Russia, but also in the FSU as well as other high
opportunity emerging markets.

We are committed to ensure that the development strategy which emerges from this
review will have the greatest chance of enhancing value for you and that any
financing for our prospective activity during the coming year will be closely
tailored to shareholders interests.


Outlook

I would remind shareholders that Victoria's prospective resource base remains in
excess of one billion barrels of oil equivalent. It also has C1 and C2 proven
and probable reserves totalling over 35 million barrels of oil. However this
potential has not yet been realised so I see 2008 as a critical 'turnaround'
period for us.


Our objectives for 2008 are to:

Restructure and strengthen Executive and Technical management, who are
tasked with turning this potential into reality

Re-finance the Company by changing existing financial arrangements and
attracting appropriate strategic and industry investors that can ensure our
financial strength under all market conditions

Focus on improving our drilling strike rate at West Medvezhye and Kemerkol

Use our hard-earned FSU project acquisition, operating and management
experience to better advantage

Acquire at least two value enhancing projects that will add production
and reserves and not greater exploration risk

Strengthen the Board with high quality non- executive independent directors

Improve our investor relations skills and build our profile to attract
more investors


I would like to extend my thanks to all of our employees and my fellow Directors
for their endeavour this year and also thank you, our shareholders, for you
patient support.


Kevin Foo
Chairman

Gulf investors buy 29 percent of UK's Victoria Oil

http://www.reuters.com/article/rbssEnergyNews/idUSL0526434520080105

here you are .....

ABU DHABI, Jan 5 (Reuters) - Abu Dhabi-based investment house Noor Capital said on Saturday it was acquiring 29 percent of UK's Victoria Oil and Gas Plc along with a consortium of UAE and Gulf investors.

The consortium led by Falcon Petroleum Ltd will invest $36 million in Victoria Oil and Gas, which is listed on the London Stock Exchange Alternative Investment Market (AIM), Noor Capital said in a statement. It gave no further details.

The consortium would have the option to bid for the whole company in the future, it added.

Victoria Oil & Gas Plc is an AIM-listed oil and gas company in the London Stock Exchange operating in the oil and gas sector in the former Soviet Union. The company operates an oil producing field in Kazakhstan, and has exploration concessions in Siberia and Britain as Kazakhstan.

Falcon Petroleum Limited is an independent oil and Gas Exploration and Production operating company registered in Cyprus by a group of UAE and international partners.


perhaps the long-suffering holders of VOG may eventually have something to cheer them up ..... unfortunately, despite many threats of finding tanker-loads of oil/gas a day, VOG has so far produced bugger all ..... also, even if this new shareholder does decide to take the whole, at what price?

by the way, though these guys will invest $36m, do not confuse that as being a "gift" ...... for sure it will be by way of some kind of loan

Decent rise today. I sold 25 percent of my stock today. It will be interesting to see what happens now.

Maybe it is time to buy VOG

still a brave call, though more interesting than it was.
for VOG to be really worth anything, it has to come up with a commercially worthwhile result, though it is hard to believe that they have signally failed to do so so far

It's almost doubled while you whinge cynic :-))

i am not whingeing at all, but an awful lot of peeps have lost an awful lot of dosh ..... i count myself among that number even though i got out many many months ago at about 85/90 .... that was a very depressed price in itself from its high of about 250, and it is hard to believe that that price will be seen again within your lifetime

another really strong day here ..... albeit that is only relative to the recent near-zero valuation

Never mind cynic, i'm sure you make a lot of good calls elsewhere :-))

It's a strong buy now

have merely followed for sentimental reasons .... was never short

Keep on buying VOG now...up 42% today.

bit late now as up 20p almost in last week or so