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
pisces
- 25 Jan 2006 09:40
- 288 of 2511
yeehaaa
Kivver
- 25 Jan 2006 09:44
- 289 of 2511
ditto!
bhunt1910
- 25 Jan 2006 09:49
- 290 of 2511
I am out - hope to get back in at under 200
Kivver
- 25 Jan 2006 09:59
- 291 of 2511
im a greedy so and so, so staying in for more (hopefully)!
bhunt1910
- 25 Jan 2006 10:53
- 292 of 2511
Hope you are right - I have switched to add to Chaco
PapalPower
- 25 Jan 2006 11:00
- 293 of 2511
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."
Saintserf
- 25 Jan 2006 11:04
- 294 of 2511
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?
AndrewThomson77
- 25 Jan 2006 11:20
- 295 of 2511
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.
PapalPower
- 25 Jan 2006 11:21
- 296 of 2511
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.
PapalPower
- 25 Jan 2006 11:24
- 297 of 2511
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.
goldfinger
- 25 Jan 2006 16:03
- 298 of 2511
A corker of a day for this one.
cheers GF.
accord
- 25 Jan 2006 16:34
- 299 of 2511
Oh my god !!!
100% gain in just over 4 weeks isnt bad and loving it, wont sell though as Im in for the long haul.
Kivver
- 25 Jan 2006 16:35
- 300 of 2511
yes, glad i hung on too, suppose some profit taking will come in soon, but not sure when. looks good for the long haul if the posters above are correct.
PapalPower
- 25 Jan 2006 16:42
- 301 of 2511
The big difference is its now a very much derisked 300p+ fair value.
Its also max 9 weeks to news on well 104, this is the bigger news, as this is the change to real figures, not speculation, then with 2 more wells to unlock some more of that 5.5 trillion within 21 weeks.
I would not see any problem with this at the 300p level, and then higher on speculation now of the well test results on well 104 due before end of March.
300p fair value + what for speculation that 104 will be 0.5 confirmed ?? That is the key, and is there upside to the 0.5 trillion on 104 ?
Then what if.........what if well 104 is 0.5t or more, what if new wells 106 and 103 find another 0.5t each, or they find 1t each......there is no way in the world I will be selling before all news is in on 104,106 and 103, and that news starts soon with 104, and 106 and 103 are a max 21 weeks aways. This coming news on 104, 106 and 103 is the transformation news, news that takes probable into proven and that is where the biggest rises will come from I think.
But there is more, there are other things going on with VOG, and more good news is expected from other area's of their business.
Seriously, this is a hold/add/buy depending on your status I think, and one no to be shaken out of, the next news in the coming months is the bigger news.
hlyeo98
- 25 Jan 2006 16:45
- 302 of 2511
Can someone tell me what those T type transactions after 16:30 are?
bhunt1910
- 25 Jan 2006 16:56
- 303 of 2511
Well I well and truly screwed up my exit. Almost kept abreast in Chaco - but not quite.
Must confess - not a good decision - with so much pent up potential.
Good luck guys
bhunt1910
- 25 Jan 2006 16:58
- 304 of 2511
.
PapalPower
- 25 Jan 2006 17:09
- 305 of 2511
hyloe T trades are protected trades, meaning the amount and price is agreed but the remainder of the buy or sell is worked over the day.
Nothing sinister, just means some large trades have been going on, well over the NMS size. Owing to the time of the T trade being anywhere from 08:00 to 16:30, when a T trade is reported, ignore the buy or sell rating, as the price could have been at any time during they day, so therefore depending on price movement could have been either a buy or a sell.
mickeyskint
- 25 Jan 2006 17:18
- 306 of 2511
I bet EK feels a bit sick, he off loaded a day or so ago. Don't hold balls not big enough, but good luck to those who do. Well done PP a good call.
LOL
MS
rayrac
- 25 Jan 2006 17:19
- 307 of 2511
Sometimes we get it wrong?................
AndrewThomson77 - 12 Jan 2006 11:11 - 278 of 305
From British Bulls yesterday:
Victoria Oil & Gas PLC
Daily Commentary
Our system posted a SELL CONFIRMED today. The previous BUY recommendation that was confirmed was made on 16.12.2005 (27) days ago, when the stock price was 86.0000. Since then VOG has gained 85.47% .
Were you eager to sell your shares? Without doubt, it was the right time to do so. Maybe, you were even courageous enough for a short sale. If you have done so, it is even better.
If not and you still have shares, it is not very late. The next session will give you the opportunity to sell them at a suitable price.
tony727 - 12 Jan 2006 15:53 - 279 of 305
Bank profits quick this on the way down to 100p me things
It'll at least double from here, with some shorting mistakes along the way?