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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

Greyhound - 14 Dec 2005 15:53 - 201 of 2511

I like the story but am not ready to commit funds yet. I'm not convinced we're done with the fallout and would like to see a few days close over 80p, otherwise it's 70p.

TANKER - 15 Dec 2005 09:45 - 202 of 2511

aldwickk.thanks but not for me.

TANKER - 15 Dec 2005 09:49 - 203 of 2511

i bought 10000 UU ex div 21-12 will sell at 688p nice profit.

TANKER - 15 Dec 2005 10:08 - 204 of 2511

buy kgf

AndrewThomson77 - 15 Dec 2005 10:21 - 205 of 2511

A nice little write-up in Shares Mag today. Basically it summarises everything discussed here over the past couple of weeks and is included as one of S.M.'s "hot stocks". It also implies a value of 399p, which is inline with a few of the calculations here.

ellio - 15 Dec 2005 11:14 - 206 of 2511

Guys

There's just as much chance of them finding much bigger reserves as their is in things going pear shaped, for a couple of k could easily be worth 5x that much in a year, what else currently has this potential?

AndrewThomson77 - 15 Dec 2005 11:37 - 207 of 2511

Ellio, I agree about the potential and I do think the company is majorly undervalued at present, however I'm not investing any more money until the next news comes along, expected this month.

AndrewThomson77 - 16 Dec 2005 09:36 - 208 of 2511

Rumour of the day in today's Times says that the deal has been done to raise 12million with 75p price. Says hopeful of well 106 being as high potential as 104. Says big players involved in the deal.

ellio - 16 Dec 2005 09:42 - 209 of 2511

Makes sense, there was probably a lot of buying at 80p level in readiness for this.

jules99 - 16 Dec 2005 09:46 - 210 of 2511

http://business.timesonline.co.uk/article/0,,8211-1934191,00.html


Markets



The Times December 16, 2005

Rumour of the day



Victoria Oil & Gas, which reconfirmed plans for an equity fundraising last week, rose 4p to 85p on word that Brewin Dolphin and Ambrian Partners are closing the books on a 12 million placing at the 75p level. The placing, said to have been backed by big institutions, was underpinned by hopes that Well 106 at Russias West Medvezhye gas project could prove just as good a prospect as Well 104.


Could be the last we see of sub 1.00 on monday?

Institutions always pay a mega discount, then raise the actual price, hence they feel they have negotiated well...lol..

Thanks for share mag insight, just a matter of time before lift off once again, private investors come to know of vog further.


AndrewThomson77 - 16 Dec 2005 09:59 - 211 of 2511

It's not actually that much of a discount compared to the recent SP of around 80-85p. The maximum discount against that range, if the price will indeed be 75p, is 11.7%.

The one thing institutions like is low risk profit. I am encouraged that they would accept a deal so close to the share price and it shows they have confidence in the prospects of a good run over the coming few months. They will be aware that concerns over the fundraising have depressed the price recently so removal of those concerns should trigger a short term upturn.

Will be very interesting to see where we are in 12 months time. Any guesses?

AndrewThomson77 - 16 Dec 2005 10:30 - 212 of 2511

Buys coming through at 96p, 97p and 98p.

AndrewThomson77 - 16 Dec 2005 11:35 - 213 of 2511

... and now sells over 100p

jules99 - 16 Dec 2005 11:46 - 214 of 2511

excellent and its only 11.30am, big news on the way, MM's aware ..?

AndrewThomson77 - 16 Dec 2005 11:59 - 215 of 2511

yeah doing nicely. I expect there will be some profit taking this afternoon though.

TheFrenchConnection - 17 Dec 2005 06:56 - 216 of 2511

,,,,,Amities / Slt ....,,,, Yes indeed !! Accompanied by the pungent smell of burnt shorters as news of a 12 million placing with a couple of the smallcap specialists of premier institutions was announced ..Bought 10,000 more to add to my 50,000. ( @ 89p) The last time (July 2004 ) that VOG placed 5 m with lnstitutions @ 37p the s/p tested the waters of 58p within days . Lets hope the same percentile gains are to be had here . Good news for both trader and investor alike. For the former - a nice immediate profit . For the latter a strong springboard of support underpinning the s/p . What with a plethora of "mentions" ,here and there, tucked away near the back of all the financial publications recently, culminating in Money Week , "Shares " and lC , i am absolutely convinced somebody knows a lot more than meets the most eagle like of eyed. Volume is not only sustained but rapidly gaining momentum. Many traders and "T+ 10, 15 and 20 "who bought at the recent drop to 78p to 80p will have played the percentages - as traders ALWAYS do - and in doing so today constituted theor own part to the number of sells today . No trader ignores 20% in three days trading . Currently shorters are content to sit on their hands as although Vogs T chart illustates a perfect example of a share totally devoid of eco indicators as to its direction or movement except DOWN .Well doomed actaully .Utterly. People even spoke of 50p and suggested the spread in the s/p made it a remarkably unattractive buy . Due to this variable alone many traders/ participents who had not done thier homework likewise assumed there was only one way, and that was sadly down; and so they sold .Sadly . . . After all, who wants to pay for a companies fund raising exercise ?? Buying and selling shares at a time such as this can prove quite expensive . . Although trading appeared quite quite aimless and listless in a company immersed in an " institutional placing " the s/p proved to be very reilient and strongly resisted 78p . Placing price was debateable as VOG wanted a placing price based on the median past 90 days price . Advisers to buying parties wanted the placement price @ a median of 180 days . Quite understandable really . .What with negotians complete i must admit it was a very upbeat George l spoke too ...."discreetly confident " ,, According to Fox cap whose own chief analyist wrote a very costly recent report which suggested the K. find alone carried an /s/p of 81p to 129p . .. Vog are seen by the consensus of analyists as a " Strong Speculative Buy " with an upside according to certain quaters of 390p to a very agressive, price tag of between 990p and 1092p .... On wedneday i heard through the grapevine that VOG was raising a furthur 12 million and not 5 million as many had predicted and voiced on many boards ..By Wednesdays bell, and with VOG threatening 75p ,i realised that thursday trading would prove the most critical in VOGS short history ; and provide another piece of the jigsaw puzzle so as to initially measure the extent of MMs pre knowledge of the placing price , and thus VOGS true direction .. ln absorbing & maintaining the s/p in the face of an abundance of sells on thursday morning the question was answered . And i was not surprised that day to see it had gained 4 1/2 p,,,, Nor on Friday an an interday s/p high of 103p As to VOGS chart wich suggested the s/p would be extremely volatile many big players called it wrong . The volatility lay in favour of the bulls and NOT the bears as was was originally thought ... Looking ahead . lf VOG can maintain its growing momentum straight from the blocks on Monday i think we shall see the arrival of a three digit s/p very quickly....Very quickly . . Looking at other smallcaps in the industry - Well if EEN is valued @ with an m/c of @ then VOG is worth ten times that . . The C1 " shut in " of hydrocarbon for which VOG are searching is believed to be in the region of 900 to 1100 feet which approximates to 22 to 28 days drilling. ..,,,,and then CASHFLOW ....and then the spudding of a number of wells in what is the companies jewel in the crown at West Medvedhye... ...The selling of WM for a consideration of 11 million from Sever'gas could make Shells selling of Cairns offshore lndian ocean acreage look equally embarrasing ..Actually Shell and Gaz de France and Maurel and Prom along with Gaspom have all been rumoured to be giving VOG the once over.. Fox Capital in one ..,,,,,,,,,,,,Very interesting and hopefully profitable days ahead i hope .....Bonne chance et faires attention a'bientot ...@+ J

tsmith9426 - 17 Dec 2005 12:17 - 217 of 2511

great stuff tfc,hope you dont mind me taking them to another bb,
tonys

Kivver - 17 Dec 2005 14:15 - 218 of 2511

can you really sit and read all that, know wonder im crap at investing!

Saintserf - 17 Dec 2005 18:14 - 219 of 2511

Great analysis french connection. I seem to have got it wrong suggesting 50p. I sit corrected. I thought the problem was that Vog are dependent on the price Gazprom choose to pay them to tunnel the gas, but I might be wrong in this as well.But if the share's good then there should be plenty of time to buy it. Granted, it's initial big movement made me think of White nile, rising 14 times in 4 days, but I'd like to think VOG if successful, will be more like Cairn, rising slowly and steadily as more established investors start to take it seriously.

AndrewThomson77 - 17 Dec 2005 22:01 - 220 of 2511

The Gazprom price will be related to the price at which they can sell it to their customers. I read an article in The Times (I think) yesterday about negotiations Gazprom are having with their customers in the Ukraine to raise the price to similar levels as their European customers pay. Rising gas price bodes well.
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