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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

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
--------------------------------------------------------------

From Fox Davies Capital:
"Victoria Oil & Gas (VOG)
Drilling has reached a depth of 6,200ft and well conditions continue to require
careful management. Temperature at the planned total depth of 10,300ft is
projected to be as high as 320oF at pressures exceeding 8,000psi and so
additional drilling and mud-cooling equipment is being mobilised to the site
before commencement of the final 8 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.
Comment
This is good news, albeit very much expected and too early to lead to an increase of estimates for the field.
The well needs to be completed and the gas bearing zones tested before any conclusion can be reached as to the success of the Logbaba venture. However things are looking good and on the right track.
The operational delay is not of too much concern as long as it is kept in check.
Recommendation
We retain a Buy recommendation with an unchanged price target of 7p."

Jeez cyn, you aint half buying some crap aint ya, so crap you just have to stay in them and deramp them to try and get more cheaper, see the thing is, do you think ANYONE on here is bothered by your constant BS, we (money's pages) are a very small fish in the media sea, and you seem to think every investor on the planets in here, and wants to hear your wise words ?

bugger off back to AEX and ramp that, its gonna need it, I can smell desperation in all your posts round here, most threads are pasted with BS with your name next to it.

wish i had friends like you cynic......

but you do, BB, you do ...... don't know where the above nonsense came from ..... VOG is a total shit company in which i have inherited a small holding ..... AEX i have no interest in at all, though i know it's a junior partner of TLW, which i unashamedly do rate highly

You keep going on about your crap share hold, you must be stuck in it with a lot of money and its dumped then, wasn't it you or an alias in NML years ago the same, stuck in and it delisted to the forex, LOL.

I told everyone to sell that and you laughed, cyn, your a muppet, always will be, always buy the wrong share at the wrong time.

The spread is so marginal on vog you could sell it now with minimal loss, presuming you bought sensibly on price to start with, but I doubt that.

fortunately, i only have about 50k (shares!) in here which was the result of a t/o by VOG of another company in which i held shares .,..... i have no idea who NML are or were

i take it you hold considerably more, and at a considerable loss .... perhaps you also hold the likes of SEO and GOO

A new poster who probably bought at about a 1, jeez where do these muppets come from?

I have a small hold yes, not at loss, SEO and GOO ? nah

hi peter .... enjoy your sunshine vicariously as i am now in sunny abu dhabi for a week

Business Financial Newswire
"Victoria Oil & Gas reported a pre-tax loss of $42.4m for the year to May against a previous $1.2m. Revenue reported for the year was nil, against a previous 1.7m.

The result included a $35.5m impairment charge against the carrying value of the Kemerkol, Kazakhstan, asset.

The company said, 'We continue to fight our corner in the Kazakhstan legal system on this project, but its importance in the day to day business of Victoria has been minimised. We will also seek solutions within economic and legal limits.'

The company raised more than $28m in new equity following the year end and acquired an interest in the Logbaba project in Cameroon.

Chairman Kevin Foo said the Logbaba project was expected to provide material cash flow in 2010. This cash would also help to unlock the potential of Victoria's large West Medvezhye project in Russia.

Spudding of the first appraisal well at Logbaba took place in August with intersection of 90 feet of gross sandstone pay.

The company also completed a first seismic study around Well 103 at West Medvezhye and received confirmation by the Ministry of Natural Resources of Russian category C3 recoverable resources of 170m barrels of oil equivalent for just three structures in the licence block. "