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Victoria Oil & GAS THE BIG ONE (VOG)     

niceonecyril - 24 Jul 2005 15:48

"> Chart.aspx?Provider=EODIntra&Code=VOG&Si
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

elbow - 24 May 2013 07:15 - 2431 of 2511

not sure what that means bought in recently not two years ago ! what u on

HARRYCAT - 18 Jul 2013 07:52 - 2432 of 2511

Chief Executive Officer's Letter to Shareholders

http://www.moneyam.com/action/news/showArticle?id=4634198

Dil - 19 Jul 2013 03:13 - 2433 of 2511

Does it say jam tomorrow ?

jkd - 19 Jul 2013 22:53 - 2434 of 2511

Dil
hi
long time we havn't been on same thread. hope you are well. cant remember the name of that other one now, what with you an me an Big Al et al you certainly got that one right.where is BA? i hope he is well also.
regards
jkd

Dil - 23 Jul 2013 01:01 - 2435 of 2511

Hi mate it was bprg come meldex.

Barry Muncaster the ceo died (who I blamed from day 1) for floating that pos so hey rip but think they still going after others on advfn.

What's your thoughts on these ?

jkd - 23 Jul 2013 11:39 - 2436 of 2511

Dil
i didnt know that about BM i am sorry to hear it.
i don't really have much thought on these, could go one way or the other, so i am neutral. some might think at this level they can only go one way, but as i say i am neutral.
regards
jkd

gibby - 18 Sep 2013 10:34 - 2437 of 2511

lots of news due here before the end of this month - gla

HARRYCAT - 01 Oct 2013 10:42 - 2438 of 2511

I assume you mean bad news?!!! Now gone sub 1p.

gibby - 01 Oct 2013 10:59 - 2439 of 2511

hc - in fairness I didn't say what news lol

however this has presented a good opportunity :-0
gl

maestro - 01 Oct 2013 15:18 - 2440 of 2511

think it could still fall to 0.5p so dont build ya hopes up yet...

HARRYCAT - 10 Oct 2013 08:23 - 2441 of 2511

StockMarketWire.com
Victoria Oil & Gas chairman and interim CEO Kevin Foo said he is concerned about the weak share price which he believes grossly undervalues the business.

In less than four years, Victoria has succeeded in drilling two complex wells, installing gas processing facilities for 20mmscf/d, laying 22km of pipeline, selling gas and collecting revenue.

He noted the following points:

- Our key objective is to build our business and cash flow from our flagship Logbaba gas deposit in Cameroon to fund further expansion and acquisitions in Africa;

- We are a producing natural gas and energy company that is generating revenue which we expect, in November 2013, to be profitable at an operating level. This places us as a mid-stream business - we are no longer an exploration company;

- The Company's Logbaba natural gas and condensate field is estimated to hold sufficient proven and probable reserves to supply an average 20 mmscf/d for the next 30 years to industrial customers;

- We have been supplying gas on a continuous basis since June 2012 without interruption and we currently have 19 customers on line;

- We are in the fortunate position of being neither demand nor supply constrained and as we have said before, VOG was the first ever commercial onshore gas producer in Cameroon and we currently have no competition in country;

- We have the full support of the Government of Cameroon at all levels and are working actively with our partners and our customers to accelerate the demand for additional energy and power into Cameroon industry. Ninety five percent of our total workforce of 128 people is Cameroonian.

Full article here: http://www.moneyam.com/action/news/showArticle?id=4684691

michaeljlambert - 18 Oct 2013 13:14 - 2442 of 2511

up will go

HARRYCAT - 25 Oct 2013 08:02 - 2443 of 2511

StockMarketWire.com
Victoria Oil & Gas widened its full-year pretax loss to $15.9m, from a loss of $7.7m. Revenue was $6.9m, from nil. Most of the losses were linked to administrative expenses.

"I am concerned about the low share price, which I believe grossly undervalues our business and does not reflect the Company's achievements to date," said chairman and acting CEO Kevin Foo.

"In less than four years, our Company, backed only by its shareholders, has succeeded in drilling two complex wells, installing gas processing facilities for 20mmscf/d, laying 22km of pipeline and is selling gas and collecting revenue," Foo added.

Dil - 26 Oct 2013 02:35 - 2445 of 2511

Only thing Foo is worried about imo is getting the next fund raising away to keep him in the life he's accustomed too.

HARRYCAT - 08 Nov 2013 07:57 - 2446 of 2511

StockMarketWire.com
Victoria Oil & Gas said subsidiary Rodeo Development Ltd has completed the connection and delivery of gas to the Koumassi plant of Societe Anonyme des Brasseries du Cameroun (SABC).

This addition of approximately 0.5mmscf/d increases RDL's production from 2.4mmscf/d to 2.9mmscf/d and brings the total number of customer sites with completed thermal conversion to twenty.

Koumassi, the largest of SABC's sites in Cameroon, is the second SABC plant to receive natural gas from RDL. SABC, a subsidiary of Groupe Castel and the largest brewing company in Cameroon with 82% market share and $640 million in sales, is scheduled to convert a second boiler at the Koumassi site to gas by the end of the year.

In addition another Groupe Castel subsidiary, Societe Camerounaise de Verre (SOCAVER), a glassmaker and bottle manufacturer, has ordered the burners and boiler parts required to refurbish and convert its furnaces to natural gas by the end of the year. SOCAVER has an estimated gas consumption of 0.4mmscf/d.

Sylvain Gaudet, the technical director of SABC, said: "The conversion from Heavy Fuel Oil to natural gas significantly reduces our fuel, logistics and maintenance costs as well as the impact of our processes on the environment."

Kevin Foo, VOG Chairman, said: "This repeat business by SABC, the largest brewer in Cameroon, increases our production by approximately 20% to 2.9mmscf/d. I believe that this is a strong endorsement of the work being carried out by our production and marketing teams in Cameroon."

HARRYCAT - 08 Jan 2014 08:19 - 2447 of 2511

Commercial Developments, Gaz du Cameroun
Victoria Oil & Gas Plc, the emerging African energy utility company, today announces the signing of key customer agreements that places Cameroon operating subsidiary, Gaz du Cameroun ("GDC"), in a strong position to expand gas production volumes.
Highlights

· AES-Sonel (electricity utility) collaboration agreement for conversion of Heavy Fuel Oil ("HFO") to gas power generation.

· Dangote (cement manufacture) agreement for thermal power provision reached, Q2 2014 connection anticipated.

· SOCAVER (glass manufacturer) connection review and commissioning by engineers from Germany, scheduled for January 2014.

· First cash call of US$4.1m received from RSM, following the ICC Arbitration Award.

· All six 1.5MW Caterpillar Gensets cleared from Customs.

http://www.moneyam.com/action/news/showArticle?id=4735427

michaeljlambert - 10 Jan 2014 20:49 - 2448 of 2511

THIS HAS STARTED AND WILL BE THE ONE I HAVE BEEN WAITING FOR

michaeljlambert - 12 Jan 2014 20:29 - 2449 of 2511

38% up last week, have a look tomorrow
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