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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

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

Excellent news from VOG...well done K Foo and the lads out there....that's taken some doing to get that....the sp will head towards 10p by the end of the year.....or perhaps before then by the way the sp is going...

Lot of red just now...orders being triggered because this is buy now without a doubt...

I'm getting a lot more optimistic for the sp outcome on this one......now if they can get something moving out in siberia like a seismic with the promise of a rig at some stage ; we will be up and rolling.....

Decided to take some profits......will come back later....trouble is the market is terrible and the sp could be pulled back tomorrow....

or this afternoon!

Yes, that's the trouble....I would have stayed in but for the moment in these troubled markets : a profit is a profit....I'll be back later....it might be too soon but there are loads of cheap shares out there...check out petroneft PTR...about to embark on a big drilling campaign...in siberia...VOG are looking good and I might buy them back in the sipp later....

agreed & cheers

tossers!..havent a clue

wonder what today will bring - strong blue start so far

What has happened to West Med I had VOG a few years ago when they announced the find at west med and sold out at around 2 a share massive profit at the time for me.
Bought back in 500k @4.75 still holding, cameroon good but west med seems forgotten
I thought west med was the big one.
Any thoughts?

have you thought of buying into EME or HAWK?

Cynic,Had em both,are you saying I am a bad investor?

Cynic you would be right !!

heaven forfend that is should suggest such a thing!

Cynic any chance of pointing me in the right direction as I have won and lost circa 250k in last 2 years.

ouch! ......
few would follow my recommendations as i openly admit that id do no research, preferring to leave that to those who enjoy doing such things

however, if you want to stay with oilies then i hold the following ...
AFR, COV, EO., GKP, HOIL, MXP, PMO, RRL, TLW and XEL

some are currently in the money, some not
it could easily be argued that my portfolio is disproportionately weighted with oilies

Thanks cynic,I thought back in late 2008 to late 2009 it was me who was a clever arse and I turned 200k into 450k dealing in some of the stocks you mention.
Since then I have just found it hard work whereas I make afew quid then give it back in the next deals.It is like borrowed money.

I am just thinking that I am wasting my time,do you think people make any money dealing or just kid themselves.
I was dealing long no shorting but over short periods ie 1 month periods