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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

StockMarketWire.com
Victoria Oil & Gas has raised 10.8m before expenses via an equity placing and draw-down under its standby equity distribution agreement with YA Global Master SPV.

The net proceeds will help bring forward the expansion phase of the group's Logbaba Gas Project, Cameroon, and to extend the pipeline to areas of Douala.

The funds will also be used to facilitate working capital requirements until Logbaba's first gas sales, scheduled for Q1 2011.

The placing price of 4.9p represented a 12% discount to the latest five-day weighted average price.

This will settle and start to rise again......well worth waiting for further rises....

Does anyone know why the sp is rising rapidly?

No

Cold weather in Cameroon ......a penguin was sighted offshore !....

Don't fret! This will settle and go back down again!, always does.......hope I'm wrong this time though!

Come on Foo PULL YA FRIGGIN FINGER OUT....imminent doesnt mean 2 months later ya plonker!

true to form the sp pulls back!.... if it goes near 5p or below...I'll get some more!

Closer and closer to production...sp rising......I'm convinced that in 2011 the sp will shoot above 10p.....

RF - you don't half pick some stinkers

.. and you inherit some

lol

i did indeed ... i THINK i still have them, but not 100% sure

Try the bottom draw.

If you're anything like me you'll have more there than you think!

Or more than you want....like me!

Close at best of the day 6.25 v 6.27p and a "UT" of 6.30p

only 36 million traded

VOG mentioned near the end.

TOKYO, Feb 02, 2011 (Dow Jones Commodities News via Comtex) -- Cameroon expects its crude oil output to fall slightly in 2011 and then accelerate substantially in 2012, the country's minister of industry and mines said Wednesday.

Oil output in 2011 will fall to 22.1 million barrels, or just over 60,000 barrels a day, down from 65,000 barrels a day last year, Badel Ndanga Ndinga told an investment seminar.

However, for 2012 the government is forecasting output of 31.1 million barrels, or 85,000 barrels a day, due to "certain fields we've discovered which we'll put into production."

The minister and a team of officials are in Japan to publicise Cameroon's first oil and gas investment round since 2003, which comes in the wake of recent offshore discoveries in Cameroon waters and in nearby West African countries.

A lack of investment has resulted in a steady decline in Cameroon's output, from its peak in 1984 of 182,000 barrels a day.

Last year, Cameroon state oil company National Hydrocarbons Co. attributed declining output to the "combined effects of natural depletion of fields and ageing of production equipment, as well as deferment of several developmental projects."

The minister told Japanese oil executives that they needed to be aggressive if they wanted to compete for the blocks with other companies, including possibly from China and India.

Cameroon isn't thinking about joining its neighbor Nigeria in becoming a member of the Organization of Petroleum Exporting Countries, he said.

In the new round, a pre-selection of 10-15 companies is due to be made by Feb. 18, and formal bids will then invited between April and end-June, with the winners to be announced July 22, the roadshow was told.

Among the five oil and gas blocks included in the round are two that were ceded to Cameroon by Nigeria under an International Court of Justice in 2002 ruling, specialist industry newsletter Upstream reported recently.

On Jan. 10, U.K. oil and gas explorer BowLeven PLC (BLVN.LN) said it made further discoveries during drilling at the Douala basin off the coast of Cameroon, and increased its estimates for how much oil is in place at an earlier discovery called Deep Omicron.

It said there is now a 90% chance Deep Omicron contains 65 million barrels of oil and an outside chance it could contain as much as 430 million barrels. Earlier estimates ranged from 55 million barrels to 380 million barrels.

In November last year, another London-listed company, Victoria Oil & Gas PLC (VOG.LN), met Cameroon officials to request a production license to exploit gas reserves it had found in the onshore Logbada area, where it had been active since 2008.

Full page advert last saturday in the telegraph section about Cameroon investments....picture of the rig....quite impressive.....

Thanks for that but I thought the pipes should be in place by now, so I take it we are waiting for the license. Wouldn't you think the license should have been granted before the pipes were laid or have I got it wrong? I probably have knowing me!!

StockMarketWire.com
Victoria Oil & Gas plc narrowed its pre-tax loss for the six months to 30th November to $0.83m from $4.47m.

The company said it believed the award of an exploitation decree for its flagship Logbaba Gas Field, Cameroon, was imminent. Once the decree had been issued, it expected to deliver first gas sales within five months.

In November, it completed a fundraising of 10.8m in new equity, which it said underpinned its transformation to a producing and cash-generating company.

A delay in getting the exploitation decree was 'minor in the overall context of this project', said chairman Kevin Foo.

'Logbaba has aroused much interest in Cameroon. Over the last three months, Rodeo Development Limited, our subsidiary company in Cameroon has participated in many fact-finding meetings and discussions with government, the Office of the President and industrial customers.

'In addition, we have had many community meetings and consultations with local chiefs and civic leaders. We are respecting these procedures and the response has been universally positive.'

Administrative expenses in the period fell to $2.05m from $3.16m. Foreign exchange gains were $1.56m against a previous $0.47m loss.

Operating loss was $0.49m, down from $3.63m.

http://www.proactiveinvestors.co.uk/companies/news/25946/victorias-foo-unfazed-by-cameroon-delay-ready-to-hit-the-ground-running-25946.html