niceonecyril
- 24 Jul 2005 15:48
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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
nkirkup
- 05 Jan 2006 10:35
- 254 of 2511
Todays Gazprom news is fantastic, sp rising fast
nkirkup
- 05 Jan 2006 10:45
- 255 of 2511
MM's trying to hold the sp down, will blow soon.
jamesfernandes
- 05 Jan 2006 12:02
- 256 of 2511
any guesses where the price will go to?
AndrewThomson77
- 05 Jan 2006 12:02
- 257 of 2511
Yes good news.
Also, Shares Magazine had an play of the week update today on VOG reiterating it as a buy (at 135p before the news).
rayrac
- 05 Jan 2006 13:00
- 258 of 2511
Lucky. Or what?
Don't think they were aware of the latest news before printing.
TheFrenchConnection
- 05 Jan 2006 13:25
- 259 of 2511
Amities / Nice call CT . RNS appears very upbeat Very confident as far as RNS 's go. One in which can only inspire more than a little optimism. .l dont personally think VOG would have either the sheer nerve or stupidity to start negotiating of these kind with the likes of Gazprom or thier representatives , unless they were pretty damn sure they have, and can extract a good percentage of the gas D & M states they have . The jigsaw is unfolding. @+ J ..
nkirkup
- 05 Jan 2006 13:33
- 260 of 2511
The market knows that to be the case, 5 million traded so far on today's RNS,
tomorrows papers will cover VOG and much more to come.
ellio
- 05 Jan 2006 15:46
- 261 of 2511
how quickly can they start expoerting gas?
ellio
- 05 Jan 2006 15:47
- 262 of 2511
or exporting even ie move into production
ellio
- 05 Jan 2006 15:47
- 263 of 2511
or exporting even ie move into production
niceonecyril
- 05 Jan 2006 18:18
- 264 of 2511
TFC, Agree with your comments as regards to what we have, also i believe
Gazprim are involved with this project, and feel that they too would have
knowledge of its potenial. So a two way endorsement imho.
cyril
ellio
- 06 Jan 2006 09:41
- 265 of 2511
If these break 200p then we'll see 300p eady and then some pull back before edging higher to 300 p again, once things are finalised 500p no problem
kiran999patel
- 06 Jan 2006 09:48
- 266 of 2511
Surprised by lack of interest on the board here on this one.
This one is real exciting and has risen from 80p odd to 1.50 in less than a month.
Still more to come ............ IMHO
AndrewThomson77
- 06 Jan 2006 10:18
- 267 of 2511
I like your confidence ellio!
In my opinion 200 and 300p are longer term targets (say 6months - 1 year). Chart indicates a slight pullback (perhaps to 140p or thereabouts) is imminent, to be followed by a rise back up beyond 160p.
All dependent on news flow of course.
AndrewThomson77
- 06 Jan 2006 10:35
- 268 of 2511
Small stock of the day in today's Times, by the way.
niceonecyril
- 06 Jan 2006 22:58
- 269 of 2511
Andrew, Some news on the not to distant future regarding Kemerkol,re-entry
into 3 shut in wells which should confirm the oil daily flow rates.This is
expected to turn into production in Q1, with VOG becoming a Producer then
we could see the SP take off again.
Of cause an acquistion has been hinted at for some time? and with the recent
issue, funds would not be a problem. Also expecting the test results of well 104
this quarter.All in all a busy and hopefully fruitful time for VOG.
cyril
accord
- 07 Jan 2006 07:52
- 270 of 2511
WOW
Further to my post 243, this beauty has far exceeded my expectations in the 2 weeks or so since I bought into VOG. Already showing 40% gain and looking forward to more good news flow and the rollercoaster ride ahead.
Cheers
AndrewThomson77
- 07 Jan 2006 12:22
- 271 of 2511
Victoria's Gazprom Protocol Requires Caution
Friday, January 06, 2006 10:56:01 AM ET
Dow Jones Newswires
1438 GMT [Dow Jones] Victoria Oil and Gas's (VOG.LN) protocol with Gazprom (GSPBEX.RS) is a positive move but requires caution since reserves and price still have to be determined, says analyst. Victoria announced Thursday a protocol outlining terms for future discussion on the distribution of its gas by Gazprom. An analyst says: "still a long way before finalizing sale agreement" but adds no risk of spat as witnessed in Ukraine since talks are on Russian domestic gas. Victoria shares +7.9% at 158p. (BXF)
TheFrenchConnection
- 08 Jan 2006 06:37
- 272 of 2511
Amities / Bon matins ! ...Report in the business section of Forbes magazine that must clearly bring cheer to shareholders. The brief article states " Following successful well tests and agreement regarding reserve reclassification it (Nadyymgazprom { NGP } , a subsidiary of Gazprom) will initiate negotiations for transportation , storage and marketing of gas from the project " ......So it appears the "successful" well tests @ WMed were already completed and made known as early as Friday morning.. Little wonder trade was so bullish and the Times touted it as " share " of the day . l suspect most traders now expect a little retracement as chart suggests to the 125 /130 level or even lower as profit takers bank massive profit . But an excellent flow of positive news always trumps charts rendering them irrelevent to a degree ; and without wishing to sound over confident but the s/p on VOG could easily double on the back of NGPs verification of an abundance of gas at West Medvezhye aided by the fact that PSI levels at this well have proven both stable and impressive ....and once the gas starts commercially flowing we could all be sitting on extremely healthy returns . Also news that Vog to drill 2 new wells this year @ yet unamed sites . An RNS is inevitable i believe , and equally inevitably with so much at stake MMS will have absolute field day with this stock . ....Bonne chance et a'bientot ...Slt /.@+ J .........
AndrewThomson77
- 08 Jan 2006 12:24
- 273 of 2511
TFC,
My interpretation of the article was that the negotiations would be initiated following successful well tests, which have not yet been completed. I fully expect them to be completed successfully in the next couple of weeks and then the price will rise.
Short term, I expect a drop. Initially, I did think to 130, as you say, but now I think 140-145 is more realistic.