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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

"We (VOG) should have preliminary results during November and our second well, La-106 is also scheduled for spudding in the final quarter of 2009. " So I agree with rf, no news due yet.
I think Maestro was referring to 'quadruple witching' this week & therefore a nervous time on the markets.

triple witching this friday i think..i'm abit worried about 22nd september so keep your eyes and ears alert

some big buys at the end..could be a good day tomoro

up 10%

did mummy rsi tell you to buy this for an hour then dealer?
did she give u pocket money for the week.

DD - i am afraid marni is just an unpleasantly strident and arrogant haridan

Rising volume and bounce after retracement,
strong order book/Level 2 .

http://www.proactiveinvestors.co.uk/companies/news/9050/george-donne-executive-director-of-victoria-oil-and-gas-talks-to-proactiveinvestors-about-the-companys-ambitions-in-africa-and-the-fsu-9050.html

where's this one going up / down????

yes

up imo - news due this week - dont forget ntog if it dips a bit today GL

News due this week??? I've got 'VOG finishes drilling' diarised for the 30th Oct. Probably go up however in anticipation.

Do you use a stop loss rsi ?

where's this one going!!!

In the bin ?

"Victoria Oil & Gas Plc announces today that it shall allot, conditional on admission, a further 4,087,500 ordinary shares of 0.5 pence each in the Company (Ordinary Shares).

This allotment is in respect of an exercise of warrants granted to Fox-Davies Capital Limited on 17 June 2009 and 28 August 2009. The warrants have been exercised at 3 pence per share for 4,000,000 shares and at 7 pence per share for 87,500 shares."

Having read through it, absolutely nothing wrong with the update statement at all. The drop in price was probably due to

1) There was nothing in the statement to enable the MM's to rise the sp by 30-50% or so and as such it was being temporarily 'punished' by the market.

2) By shorting the stock the MM's were probably hoping they could activate more stop losses to enable them to accuulate more shares.

All IMHO

Are you still holding deardealer ?

MMs don't need to short it ...... this is another crap company in which i unfortunately have a small stake

16 November 2009




Victoria Oil & Gas Plc




(AIM: VOG)




Update of Logbaba Gas and Condensate Project, Cameroon




Well La-105 at the Logbaba project in Cameroon encounters approximately 90 feet of gross sandstone pay at depth of 6,030 feet

The Company is now entitled to apply for 35 year exploitation licence

Well expected to reach total depth of 10,300 feet within four weeks

GeoDynamics Research Srl ("GDR") commences passive seismic spectroscopy survey over entire licence area




Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration and development company with assets in Cameroon and the FSU, is pleased to announce an update on drilling of Well La-105 at its Logbaba gas and condensate project in Douala, Cameroon ("Logbaba").




During successful drilling of the 12- inch hole section, around 90 feet of gross sandstone pay at approximately 4,000 psi pressure were intersected at depths between 6,030 and 6,120 feet measured depth. These gas-bearing zones were intersected as anticipated by the well prognosis and appear to have good porosity and permeability.




This horizon appears to correlate to sand that was also penetrated by Well La-103, which was drilled by Elf in the 1950s. That single zone in La-103 flowed at approximately 4.5 million cubic feet of gas (around 800 barrels of oil equivalent) per day on an open-hole drill stem test. Although the sands were tested, they were not included in the proven reserve estimate performed by RPS Energy in 2008, which calculated proven and probable reserves for Logbaba of 106 billion cubic feet.




Following this discovery and penetration of the first gas-bearing horizon, VOG now intends to apply for the 35-year exploitation and production licence.




Drilling has reached a depth of 6,200 feet measured depth and well conditions continue to require careful management. Temperature at the planned total depth of 10,300 feet is projected to be as high as 320 degrees Fahrenheit at pressures exceeding 8,000 psi and so additional drilling and mud-cooling equipment is being mobilised to the site before commencement of the final 8- inch hole section. The well is anticipated to be completed within four weeks.




Meanwhile, a team from GDR has commenced an Infrasonic Passive Differential Spectroscopy (IPDS) or passive seismic spectroscopy survey of Logbaba. Given the large numbers of buildings on or around the field, conventional seismic surveying would prove extremely difficult. However, passive seismic spectroscopy surveying is ideally suited to the environment as it does not rely on artificially-created seismic waves.




The survey will take measurements at approximately 50 locations around the field to identify areas of potential hydrocarbon saturation. The survey is expected to take about 15 days, with initial findings available within two months of completion. This will be the first passive seismic spectroscopy survey in Cameroon and the first geophysical data of any kind acquired for Logbaba since the original seismic lines acquired by Elf in the 1950s.




Commenting on today's update, Chairman Kevin Foo said today, "We are very pleased to have encountered 90 feet of our first gas sands at Logbaba. These could ultimately result in new reserves for the field. This also means we can apply for the 35-year production rights for the project. Conditions in the well are complex so we are bringing in additional equipment before completing the final hole section."







Victoria Oil & Gas Plc - Tel: +44 (0) 20 7921 8820

George Donne / Kevin Foo




Strand Hanson Limited - Tel: +44 (0) 20 7409 3494

Simon Raggett / Angela Peace




Fox-Davies Capital - Tel: +44 (0) 20 7936 5220

Daniel Fox-Davies / Oliver Stansfield




Conduit PR - Tel: +44 (0) 20 7429 6607

Jonathan Charles / Ed Portman




The information in this release has been reviewed by Radwan Hadi, who is a qualified person for the purposes of the AIM Guidance Note for Mining, Oil and Gas Companies. Mr. Hadi, Deputy Managing Director of Blackwatch Petroleum Services Limited and Chief Operating Officer of VOG, is a petroleum/reservoir engineer with over 30 years experience in oil and gas exploration and production.




Background Information on Victoria Oil & Gas Plc:




Victoria Oil & Gas is an independent oil and gas exploration and production company with projects in Africa and the FSU. The Company's principal assets are the Logbaba gas and condensate project in Cameroon and the West Medvezhye gas field in Siberia, Russia. Logbaba is located in Douala, the economic capital of Cameroon. The field was discovered in the 1950s and all four exploration wells encountered gas. Three of the wells flowed gas at rates of up to 62 million cubic feet per day. West Medvezhye is situated in the prolific Yamal-Nenetsk hydrocarbon region in Siberia. An independent reserve audit estimated prospective resources for the field of over 1.1 billion barrels of oil equivalent.
cyril
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