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Victoria Oil & GAS THE BIG ONE (VOG)     

niceonecyril - 24 Jul 2005 15:48

"> Chart.aspx?Provider=EODIntra&Code=VOG&Si
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 - 20 Mar 2009 11:39 - 1915 of 2511

thoroughly agree, but would add proven intermediate companies too.

Stan - 20 Mar 2009 12:47 - 1916 of 2511

"but would add proven intermediate companies too."

Certainly..re the last couple of days.

niceonecyril - 20 Mar 2009 13:25 - 1917 of 2511

EO.
cyril

nkirkup - 30 Mar 2009 12:40 - 1918 of 2511

Lift-off this morning!

HARRYCAT - 02 Apr 2009 08:46 - 1919 of 2511

"Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration company with assets in Cameroon and FSU is pleased to announce that it has raised 5.7 million by way of a SEDA facility and an equity placing.

Victoria Oil & Gas will utilise the funds at the Logbaba project in Cameroon. A drill rig has been secured and the first well at Logbaba is due to be spudded mid year. In addition the exploration license for Logbaba has been extended by the Government until 26 August 2009.

Application will be made to the London Stock Exchange for the Placing Shares and the Fee Shares to be admitted to trading on AIM. It is expected that admission will become effective and that trading will commence on 8 April 2009.

The issue of new ordinary shares represent 7.0% per cent of the existing issued share capital of the Company."

skyhigh - 02 Apr 2009 08:53 - 1920 of 2511

What's this ? good news for a change !...Jam tomorrow with pos+ cashflow 2010..still fot it all to do but it's better than the usual nothing

RNS Number : 9841P
Victoria Oil & Gas PLC
02 April 2009

?


Victoria Oil & Gas Plc


('Victoria Oil & Gas' or 'the Company')


(AIM: VOG)


Victoria Oil & Gas Secures Funding Package for approximately GBP5.7m


* Victoria Oil & Gas completes a GBP5m SEDA facility with Yorkville Advisors and
an Equity Placing of GBP675,000 before expenses
* Drill rig secured and exploration license extension granted until August 26 2009



Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration company with
assets in Cameroon and FSU is pleased to announce that it has raised GBP5.7
million by way of a SEDA facility and an equity placing.


The Company has entered into a GBP5,000,000 Standby Equity Distribution
Agreement ('SEDA') with YA Global Master SPV Limited who was advised by
Yorkville Advisors, LLC. The SEDA enables the Company, at its discretion during
the next 2 years, to draw down funds under the SEDA in tranches as and when it
deems appropriate and in accordance with restrictions set by the terms of the
Agreement.


In addition the Company has placed 22,500,000 ordinary shares ('the Placing
Shares') at a price of 3 pence each ('Placing Price') (together, 'the Placing')
for gross proceeds of GBP675,000 through Fox-Davies Capital Limited ('FDC'). A
further 8,968,115 ordinary shares will also be issued to advisers and service
providers in lieu of cash payments ("Fee Shares")


Victoria Oil & Gas will utilise the funds at the Logbaba project in Cameroon. A
drill rig has been secured and the first well at Logbaba is due to be spudded
mid year. In addition the exploration license for Logbaba has been extended by
the Government until 26 August 2009.


Application will be made to the London Stock Exchange for the Placing Shares and
the Fee Shares to be admitted to trading on AIM. It is expected that admission
will become effective and that trading will commence on 8 April 2009.


The issue of new ordinary shares represent 7.0% per cent of the existing issued
share capital of the Company. Following the admission of the new ordinary shares
to trading on AIM, the Company will have 479,096,232 ordinary shares in
issue.The new ordinary shares will rank pari passu in all respects with the
existing Ordinary Shares.


Victoria Oil & Gas's Chairman Kevin Foo commented: "Raising almost GBP6 million
in these difficult markets is an endorsement of the potential of the company and
its projects. These funds, along with the support of our largest shareholders,
Noor Petroleum will allow us to accelerate development of Logbaba. With existing
off take arrangements in place with a number of industrial consumers in
Cameroon, VOG expects first production later this year and positive cash flow in
early 2010."


!

blanche - 22 Apr 2009 15:39 - 1921 of 2511

Is this about to spring back into life???????????????????????????????

cynic - 22 Apr 2009 15:44 - 1922 of 2511

just slowly turning in its grave to prevent bed sores

blanche - 22 Apr 2009 15:48 - 1923 of 2511

lol

Could be a something.ya never know!

blanche - 22 Apr 2009 15:53 - 1924 of 2511

Has it just slipped out for a LEAK!

hlyeo98 - 25 Apr 2009 11:58 - 1925 of 2511

It's only more bad news as the Kazakh court has ruled against VOG of Kemerkol ownership.

Real disappointment for VOG.

hlyeo98 - 25 Apr 2009 12:09 - 1926 of 2511

24 April 2009
Victoria Oil & Gas Plc

Update on Kemerkol Legal Claim


The Board of Victoria Oil & Gas Plc (AIM:VOG), the AIM quoted oil and gas exploration company, today announces an update to the press release lodged on 16 March 2009.

The Supervisory Panel of the Atyrau Oblast Court has decided not to refer the claim made against the Company's Kazakh subsidiary to the Atyrau Economic Court for reconsideration. This decision was taken despite a letter of protest to the Supervisory Court from the Kazakh General Prosecutor supporting VOG's appeal. VOG is currently assessing the best course of action for a further appeal in Kazakhstan.

The Company still has the option of progressing its claim for damages for breach of contract against Ms. Olga Elefteriadi in the UK courts. VOG has already obtained a judgement against her. Further information will be provided in due course.

Commenting on the decision, Kevin Foo, Chairman of VOG, said today, 'Once again the lower court in Kazakhstan has ignored our claim, even with the support of the office of the General Prosecutor. We will continue the fight until our rightful title to the Kemerkol field has been restored.'

cynic - 25 Apr 2009 13:49 - 1927 of 2511

such are the vicissitudes of operating in bandit country

required field - 25 Apr 2009 19:15 - 1928 of 2511

Cadogan in the same boat, and if I remember correctly White Nile had the same sort of problem, it really is criminal that in these countries one lot grant licences to drill when they have given the licence to somebody else previously or a local region grants permission only for the main government to revoke such a decision, or the reverse ...scandalous !.

Balerboy - 27 Apr 2009 10:01 - 1929 of 2511

How does your family understand you cynic with words like that!!!! lol. Do you speak english???

HARRYCAT - 27 May 2009 11:18 - 1930 of 2511

RNS 27.05.09 - "Victoria Oil & Gas Plc, the oil and gas company with assets in Cameroon and the FSU, announces that it has drawn down a further 200,000 of its 5 million Standby Equity Distribution Agreement ('SEDA') with YA Global Master SPV Ltd ('YA'), announced by the Company on 2 April 2009. The funds will be used for the development of VOG's Logbaba project in Cameroon.
Under the terms of the SEDA, the Company has allotted, conditional on admission, 6,359,527 ordinary shares of 0.5 pence each in VOG ('Ordinary Shares') to YA at a price of 3.14 pence per share. In addition, the Company has placed 2,112,676 Ordinary Shares at a price of 3.55 pence each, in settlement of advisor's fees."

peeyam - 27 May 2009 11:45 - 1931 of 2511

about 2 million net buys anything else brewing here ? and short tern target any ideas anyone ?

maestro - 27 May 2009 15:49 - 1932 of 2511

here we go,here we go...100 bagger in 3 years!

marni - 27 May 2009 16:07 - 1933 of 2511

99 bagger will do me on any share......i aint greedy!

HARRYCAT - 03 Jun 2009 08:07 - 1934 of 2511

RNS 03.06.09 - "Victoria Oil & Gas Plc, the oil and gas exploration and development company with assets in Cameroon and the FSU, today announces that passive seismic survey conducted by GeoDynamics over an area around its Well 103 discovery at West Med has highlighted target locations for future appraisal and exploration drilling.

Well 103, the first discovery well at West Med, has been assigned Russian Standard C1+C2 reserves of over 14 million barrels of oil equivalent by the Russian Ministry of Natural Resources. During 2008, the subsurface around Well 103 was analysed by local geological institute SibNats using 2D seismic and drilling data and indicated a significant extension of the discovery to the southeast of Well 103. This interpretation was then supported by geochemical analysis over the same area.

The IPDS survey, completed in only 15 days, was conducted in mid-December 2008 over an area of approximately 32 square kilometres in the region immediately surrounding Well 103. The interpreted results indicate that not only did Well 103 penetrate the flank of a structure, which extends considerably to the southeast of the well as suggested by the SibNats study, but also that there is a significant hydrocarbon prospect to the northeast of Well 103. Both of these potential accumulations lie within approximately a three kilometre radius of Well 103 and are potentially larger than the existing discovery."
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