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
TheMaster
- 17 Oct 2008 13:43
- 1883 of 2511
VOG won the court case, there is an appeal, but should be dismissed later this month, 8.5 million to be awarded.
"Alhambra's motion to dismiss the litigation for lack of jurisdiction in
favor of arbitration in Stockholm, Sweden in accordance with the United
Nations' Commission on International Trade Law arbitration rules for
international arbitration as provided for under the Agreement was dismissed by
the Kazakhstan court. Alhambra is now appealing this ruling. The court has
adjourned this case until October 29, 2008 at which time the court will review
Alhambra's motion that the applicant's claim should not proceed for reasons of
procedural irregularities and the court may also hear the applicant's claim at
that time."
HARRYCAT
- 17 Oct 2008 14:12
- 1884 of 2511
"The Board of Victoria Oil & Gas Plc (AIM:VOG) announces an update on its discussions with Bramlin Limited ('Bramlin')(AIM:BML) concerning a possible offer, which was announced on 23 September 2008.
The Boards of VOG and Bramlin have signed a non-binding Heads of Agreement ('HOA') covering an all share acquisition of Bramlin by VOG. The HOA contemplate an offer proceeding by way of a Scheme of Arrangement, which would need the approval of the Guernsey court and the shareholders of Bramlin.
The principal asset of Bramlin is a 60% interest in the on-shore Logbaba gas exploration and development prospect in Cameroon ('Logbaba'). A report by independent reserve auditors RPS Energy as of 28 July 2008 concludes that Logbaba has gross proven and probable reserves of 104 billion cubic feet of natural gas. Currently, all energy demand in Cameroon is satisfied by high cost liquid fuels and Bramlin has already executed a number of off-take agreements for more than 6 million cubic feet per day for natural gas from Logbaba with local industrial users.
The Board of VOG, after consultation with its technical consultants, Blackwatch Petroleum Services Limited, believes that Logbaba is an excellent asset with near-term cash generation potential and that a geographical diversification of activities is in the best interests of the shareholders. The project will also give VOG exposure to the increasingly growing domestic natural gas market in Cameroon.
Rashed S.J. Al Suwaidi, Vice Chairman of VOG said today, 'We believe the acquisition of Bramlin offers access to growth opportunities and we look forward to working with the management of Bramlin to develop the Logbaba property. The project has proven gas reserves with material upside in a region with a growing demand for natural gas. This deal will also provide VOG shareholders with a wider geographic exposure, into Africa, and a specific opportunity for early cash flow from an excellent project."
justyi
- 17 Oct 2008 17:13
- 1885 of 2511
Why would anybody want to buy VOG?
Early cash flow? Is that a joke? It has also said the same with West Medvezhye field and also Kemerkol previously.
mcmahons
- 04 Nov 2008 15:46
- 1886 of 2511
still falling
skyhigh
- 04 Nov 2008 16:04
- 1887 of 2511
Yeh! Grim isn't it? but, for some reason I'm hopeful that in the long term itll be okay - ish ..don't know why though..
janetbennison
- 04 Nov 2008 16:34
- 1888 of 2511
when the court case is over and hopefully in our favour then this one should go up again. They will then be able to produce oil from the well that has been closed down because of the ongoing case. Ongoing court cases always have an effect on the sp.
required field
- 07 Nov 2008 09:18
- 1889 of 2511
Vvvvat izzz happennnning heeere ?....sp rocketing...any answers anybody ?.
ValueMax
- 07 Nov 2008 11:04
- 1890 of 2511
Distorted by yesterday's close
skyhigh
- 07 Nov 2008 11:54
- 1891 of 2511
Yes, it's still grim whichever way you look at it!
capetown
- 10 Nov 2008 11:22
- 1892 of 2511
Is this the road to recovery?,where are you CYNIC?
cynic
- 10 Nov 2008 11:23
- 1893 of 2511
here! ..... why do you ask?
I haven't held VOG for aeons, other than vicariously via a small holding in BML
capetown
- 10 Nov 2008 11:35
- 1894 of 2511
Just wondered what youre take on the rise in the sp is,i bought at 11p.
cynic
- 10 Nov 2008 11:40
- 1895 of 2511
i have lost interest in this poxy company having done my bollocks on it through stupidity and greed a year or more ago
miah786
- 10 Nov 2008 12:56
- 1896 of 2511
should recover in the short term. imho
janetbennison
- 11 Nov 2008 11:55
- 1897 of 2511
up 1.7p this morning. Looks like these are on the way up again. Must be getting some news out or something is going on. I have been holding these for years and am on a massive loss. good luck to all holders.
capetown
- 11 Nov 2008 12:19
- 1898 of 2511
janet,looks like youre prediction was correct,i hope you bought these at much lower than me!.good luck
skyhigh
- 11 Nov 2008 13:26
- 1899 of 2511
and me !
capetown
- 11 Nov 2008 13:40
- 1900 of 2511
Yes you too skyhigh!
maggiebt4
- 11 Nov 2008 13:50
- 1901 of 2511
And I bet you're all lower than me! Reckon I'll be dead before I break even!
robertalexander
- 11 Nov 2008 14:14
- 1902 of 2511
could be worse you could be in IVE. i just swapped 800 to 137 just like that. Ouch!!
:(