niceonecyril
- 24 Jul 2005 15:48
">
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/
Powered by IST's
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
pisces
- 20 Dec 2005 22:10
- 226 of 2511
Constant resistance at 1.00,every time it gets near it swiftly drops down to early nineties,any reason for this.Comments welcome.
maddoctor
- 21 Dec 2005 10:51
- 227 of 2511
any ideas on that b to b large trade anybody?
AndrewThomson77
- 21 Dec 2005 11:58
- 228 of 2511
The B trade was at the placement price. SP should remain pretty constant from now until 29th when i expect volumes to increase. I got a bit of a shock when my stock ticker briefly showed -17% after that broker trade but nothing to worry about.
Herschel1276
- 22 Dec 2005 08:26
- 229 of 2511
RNS this morning: -
Victoria Oil & Gas Plc
West Medvezhye Acquisition Update
* Acquisition of remaining shares in ZAO SeverGas-Invest, bringing
ownership of West Medvezhye gas and condensate licence to 100%
* Total acquisition price of US$3.2 million cash, 1.23 million ordinary
shares in Victoria and waiver of outstanding claim of US$2.6 million
Victoria Oil & Gas Plc ("Victoria") (ticker: VOG), the AIM-quoted oil and gas
company operating in the Former Soviet Union, today announces that it has
completed the process begun in early 2005 for the acquisition of the remaining
25.2% of ZAO SeverGas-Invest ("SGI"), the owner of the West Medvezhye gas and
gas condensate licence in Western Siberia, to bring its total shareholding to
100%.
Victoria announced on 17 May 2005 that it had agreed commercial terms to acquire
a further 15.2% but it subsequently discovered a problem with the vendors' title
and suspended the proposed acquisition. Negotiations have continued and now,
having resolved the title issues, Victoria has agreed to proceed with the
transaction and has further agreed to increase the purchase to cover the entire
minority interest.
The consideration for the acquisition is to be satisfied by US$3.2 million cash,
the issue of 1,230,000 new ordinary shares in Victoria, the waiver of Victoria's
outstanding claim of US$2.6 million against the vendors of the 74.8% of SGI
acquired in November, 2004 and release of 1,855,000 shares from escrow. A total
of 3,734,314 shares, are to be held in escrow until 30 April 2006 in support of
warranties that have been given by the vendors.
A recent report by independent reservoir auditors DeGolyer & MacNaughton
estimated an expected recoverable gas resource for the field surrounding the
first exploration well at West Medvezhye of half a trillion cubic feet of gas.
Chairman Kevin Foo said today "I am very pleased that we have been able to
achieve a breakthrough and bring these negotiations to a conclusion. This will
allow our shareholders to enjoy the benefits of 100% ownership of our exciting
discovery at West Medvezhye."
This explains the 1.85m B to B sell yesterday......great news...... :-)
jules99
- 22 Dec 2005 08:26
- 230 of 2511
Victoria Oil buys rest of SeverGas-Invest, owns 100 pct of West Medvezhye
LONDON (AFX) - Victoria Oil & Gas PLC said it bought the remaining shares in
ZAO SeverGas-Invest (SGI), bringing its ownership of West Medvezhye gas and
condensate licence in Western Siberia to 100 pct.
The total acquisition price is 3.2 mln usd in cash, the issue of 1.23 mln
shares and a waiver of Victoria's outstanding claim of 2.6 mln usd against the
vendors of the 74.8 pct of SGI acquired last November, and the release of
1,855,000 shares from escrow.
A recent report by independent reservoir auditors DeGolyer & MacNaughton
estimated an expected recoverable gas resource for the field surrounding the
first exploration well at West Medvezhye of half a trillion cubic feet of gas.
EXCELLENT NEWS..!!!
ellio
- 22 Dec 2005 09:59
- 231 of 2511
No wonder the 12m investment was provided, at 78p the return could be 10x over the next 18 months easily
AndrewThomson77
- 22 Dec 2005 10:53
- 232 of 2511
Wow that was a surprise! Good news and a great deal.
AndrewThomson77
- 22 Dec 2005 12:41
- 233 of 2511
Mentioned in today's Shares Magazine as a sector play.
AndrewThomson77
- 23 Dec 2005 11:10
- 234 of 2511
Up and down like a bride's nightie today. About 20% up overall this week.
[Dumb comment removed!]
TANKER
- 23 Dec 2005 11:25
- 235 of 2511
we close at 12.30
bhunt1910
- 23 Dec 2005 11:30
- 236 of 2511
Andrew - profit taking this afternoon eh - which market will be open for that then ??
LSE closes at 12.30 !!
bhunt1910
- 23 Dec 2005 11:30
- 237 of 2511
Tanker - beat me to it !!
AndrewThomson77
- 23 Dec 2005 11:34
- 238 of 2511
sh*t... good point! lol
Still... 12:00 noon until 12:30 is afternoon right ;)
TANKER
- 23 Dec 2005 11:39
- 239 of 2511
take a look at yoo it is going to be very good . happy 06 mrw 240p they have had a great xmas.
cellby
- 23 Dec 2005 12:17
- 240 of 2511
looks like i could be brake eVen 125 soon, confidence returning to this co lots of buyers.they will haVe the drill bit out in january, that will get some excitment going.
new boy
- 23 Dec 2005 12:37
- 241 of 2511
hi guys just got in this morning 110p , profit taking by some may take place this afternoon iam in for the long haul, confidence is returning, expecting good news in the new year which will suport the share price. will be topping up my stock after new year
AndrewThomson77
- 23 Dec 2005 12:53
- 242 of 2511
Market closes at 12:30.
:-)
Merry Christmas all.
accord
- 23 Dec 2005 13:23
- 243 of 2511
Ive been tracking this for a few weeks now and finally took the plunge this morning at 111.88p
Hope it performs like HMY next year, which has increased 60 odd % for me. Lovely jubbly.
wishing everyone a merry christmas and a joyful new year
AndrewThomson77
- 29 Dec 2005 09:42
- 244 of 2511
Victoria Oil & Gas Plc
29 December 2005
Placing to raise approximately 13.1 million - Update
Victoria Oil & Gas Plc ('Victoria' or 'the Company') the oil and gas development
company focused in the Former Soviet Union announces today that it has completed
the placing of 16,845,063 new ordinary shares of 0.5 pence each in the Company
with institutional and other investors at a price of 78 pence per share. The
placing was two and a half times over-subscribed and raised approximately 13.1
million before expenses.
The Company also announces that it has allotted conditional on admission 197,333
Ordinary Shares of 0.5p each to employees as part of the employee share
compensation programme for six months to 31 July 2005 and 500,000 Ordinary
Shares of 0.5p each in lieu of cash payment to advisers. These share allotments
rank pari passu in all respects with the existing issued Ordinary Shares in the
Company. Application has been made to the London Stock Exchange for these shares
to be quoted on AIM and it is expected that dealings will commence on 30
December 2005.
Directors have acquired 867,932 Ordinary Shares of the Company. 432,143 Ordinary
Shares were acquired at the placing price of 78 pence per share and 34,038
Ordinary Shares were acquired in lieu of salary as part of the employee share
compensation programme. 401,751 Ordinary Shares were acquired on 28 December
2005 at a price of 105 pence per share. The Directors' holdings in the Company
are now:-
Shares Purchased Total Holding in Victoria following
the purchases
Kevin Foo 180,000 2,507,778 2.34%
William Kelleher 559,038 (note 1) 4,829,252 4.50%
Robert Palmer 113,894 (note 2) 191,672 0.18%
Grant Manheim 15,000 494,630 0.46%
All shares were acquired on 28 December 2005 at a price of 105 pence per share
unless otherwise stated
(1) Includes 325,000 shares acquired in the placing at 78 pence per share and
34,038 shares allotted in lieu of salary
(2) Including 107,143 shares of those allotted to advisers in lieu of cash
payment
Chairman Kevin Foo said, 'We are delighted with the successful completion of
this important placing, which was over-subscribed and will allow us to maintain
momentum on our key projects. The financial commitment made by the Company's
employees, Directors and advisers to the placing and in the market reflects the
confidence they have in Victoria's future.'
For further information please contact:
Kevin Foo / George Donne Jamie Cumming / Tracy Mackenzie
Victoria Oil & Gas Plc Bell Lawrie
+44 (0)207 921 8820 +44 (0)141 314 8103
+44 (0)141 314 8220
Leesa Peters/ Laurence Read
Conduit PR
+44 (0)207 429 6605
+44 (0)7979 955 923
This information is provided by RNS
The company news service from the London Stock Exchange
bhunt1910
- 29 Dec 2005 09:50
- 245 of 2511
Moving along nicely now - only got a small holding in these - but thats ok for now