">
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

Bank profits quick this on the way down to 100p me things

Me don't thing..

a 1 when will they be 2 do you thing?

Will just make the one post as don't wish to intrude further but a couple of months ago in this thread I mentioned an Ofex stock called Heritage Petroleum (Oex:HEP) which made an even bigger find than VOG and traded amazingly at 1p. Now 4p market cap 1.6 million (1/100th of VOG btw) and plenty more to come imho. Hope some of you got in, though you still can at an incredible price.

Now back to VOG.........

How will this effect VOG ??

http://uk.biz.yahoo.com//22012006/323/pipeline-blasts-spark-russian-georgian-war-words.html

RNS for Updated Feasibility Study Issued for West Medvezhye Gas Project, Russia

Up about 20% at the moment.

WOW!!

Make that 40%

Victoria Oil says West Medvezhye gas field holds 1.1 bln boe
AFX

LONDON (AFX) - Victoria Oil & Gas PLC said its entire West Medvezhye license block in Western Siberia is potentially containing recoverable hydrocarbon resources of around 1.1 bln barrels of oil equivalent.

The estimates were based on the outcome of the latest feasibility study checked by independent auditor DeGolyer & MacNaughton.

According to the study, around 5.5 trln cubic feet of gas, 146 mln barrels of gas condensate, and 25 mln barrels of oil could be recovered from the field.

'These estimated prospective recoverable resources are dependent on successful discovery and development of the prospects evaluated,' the company said in a statement.

Victoria Oil added it is currently testing the discovery well, known as 104. It will also start drilling two new holes, 106 and 103, next month.

Test results for 104 will be known within the first quarter of the year, it said.

monicca.egoy@afxnews.com

yeehaaa

ditto!

I am out - hope to get back in at under 200

im a greedy so and so, so staying in for more (hopefully)!

Hope you are right - I have switched to add to Chaco

Broker discounted targets should be raised up to over 1000p now I think, and more news is due soon. This news coming is confirmation news, not speculation, and will provide the background for some serious moves upwards. If the news is good from 104, 106 and 103 then I see VOG finishing the year well over 1000p. One to certainly take a holding in, and hold now pending 104/6/3 news.

From todays RNS

"We are on target to obtain the well test results from discovery Well 104 in Q1 and Wells 106 and Well 103 in Q2 2006."

I'm a bit confused here. How do you get a figure of 1000p if the last analyst had a valuation of 350p? What does this news mean exactly? Is it confirmation only or is there something new? I thought the last figure for gas was 25 trillion?

What I take from today's news is that over the whole West Medvezhye area, it is likely that there is 5.5 trillion cubic feet of gas, 146 million barrels of gas condensate, and 25 million barrels of oil.

Well 104 is estimated to contain 0.5 trillion cubic feet of recoverable gas. This leaves 5 trillion elsewhere in the field. The analysis I have seen placed a value of around 300p on well 104 alone. Wells 106 and 103 are in the same area. The survey results should indicate good candidate areas for drilling.

Best case scenario (ie. everything goes perfectly), the full 5.5 trillion cubic feet are drilled and recoverable. That would increase the 300p value by 11 times = 3300p. This is extremely unlikely to happen, however it does show the huge potential for SP growth. If only 20% is recoverable, that would suggest a value of 660p.

It is upgrades, on both gas and condensates, its rather big news and worthy of over a 1000p discounted price, the previous most recent one was over 500p. VOG is also not a 1 trick pony.

Well 104 is on testing now, so news on that will come before end of Q1, and wells 106 and 103 will have test results by end of Q2.

Those results are important, as they will change things from potential, to confirmed. If you want to hold VOG, then hold it from now until the final result on 106 or 103, whichever is last. These coming results will be the watershed of the price re-rating, if the news is good.

I would recommend holding now for that news, I am and will add more on any weakness. I got my first lot in the 150's, and whatever happens, VOG is not going away, and the price at Xmas will be far higher than the 200p now. It will go up, but has the potential to be a multi-bagger this year I think.

AndrewThomson yes, but the well testing presently going on on 104 will confirm 0.5 trillion or not, and that could be upgraded, and news on that comes in Q1.

We could be at end of Q2 with over around 2.5 trillion confirmed if wells 106 and 103 are good. No need to say what will happen to the price.

Even if just 104 results in Q1 are good and 0.5 trillion is confirmed on well 104, that will push the price up quite a way.

So much upside, one to hold and wait, and add more.

A corker of a day for this one.

cheers GF.