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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

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.

Can someone tell me what those T type transactions after 16:30 are?

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

.

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.

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

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?

That's a bit unfair! It was from 2 weeks ago! I did sell at just over 160 and at the time it was right to do so. Incidentally, the BB website had VOG as a "Buy If" again since then.

Bought back in on the drop yesterday at 148.5. Timing was more by luck than design, but I'm not going to complain. My rational was that we were due an update on the oil drilling by end of Jan, which I thought would bump it up a few pence. Was not expecting this!!

Any one got any idea what is the price level to buy again

how long is a piece string??? go back and read pp's posts, might give you some clues. ps cheers pp for your input.

I took profits a couple of weeks ago---but bought back in today I don't want to get left behind and I feel it won't pull back very much while we are waiting for news. DIRAJ you may get in a little cheaper towards close on Friday----but then again you might not!!!

OK, I'm sorry but I'm still a bit confused. When you say it's updates Papal power, do you mean these are NEW finds at the other wells they were exploring around the same site as the last find? Or is this confirmation of the commercially recoverable rates of gas from the find at the first field a couple of months ago? Because if so I thought that was potentially 25 trillion cubic feet of gas the first time and this is what had moved the price. Is this confirmation of this find or are these discoveries? Thankyou

Bought in first at 126p,the Mail article,hung on,then bought at 160p,price went down again,bought in yesterday at 148.21p,thought I was seeing things at 08.00 this morning,early retirement soon I think.

Saintserf, the previous RNS in November had the 'mid-range' estimate of reosurces at 0.5tcf, with a 'high' estimate of 2.3tcf. That referred to Well 104 only. As part of the work on 104, they did Vertical Seismic Profiling, ehich I presume gave then additional data about the whole field. This they have now evaluated and come up with 5.5tcf as the mid-range estimate. Plus they've confirmed condensate at 148m boe or so and 25m boe of oil. So, 11 times more gas then previous estimate, within the previous estimate range of condensate, and the newly identified oil.

I have no idea where you get 25tcf from, I think its a red herring.

Make no mistake, 5.5tcf is pure, unadulterated good news, which is why the sp went up 60% today.

Firstly let me say i don't hold with this EK rubbish? Believe what you want, a far wealthier and smarter operater than most.
Now what a great day,just wonder what's in store for tomorrow?
Not one post mentioned Kemerkol, news due any day. A positive RNS about
Kemerkol would make this go ballistic.
So happy days ahead, good luck to all.
cyril

Saintserf, the 5.5 trillion gas and over 1 billion bboe is for the whole field. Well 104 was drilled before, this was the well that caused the big news. Now the testing of this well is ongoing and when test results are known, the 0.5t will be confirmed, it may be lower or higher, but it will then be a confirmed figure.

In order to find more of this 5.5 trillion, they are drilling 2 new wells, 106 and 103, and these if they hit and after testing will firm up some more of that 5.5 trillion figure. Well 104 test news is due within 9 weeks. Wells 106 and 103 will be drilled and test results out in 21 weeks.

Wells 106 and 103 are in the same area as 104, and are to firm up more of that 5.5 trillion from possible resources into reserves.

What this means is a possible change from 5.5 trillion possible into....well, 0.5 or 1 or 1.5 or 2 or...........whatever the confirmed reserves total is after testing on 104+106+103.

Confirmed 0.5t just from well 104 is worth over 300p, as you can appreciate, the more drills, the more confirmed test results, the more of the 5.5t that becomes confirmed, the more VOG price will rise and rise.


Saintserf - 25 Jan 2006 18:57 - 312 of 315
OK, I'm sorry but I'm still a bit confused. When you say it's updates Papal power, do you mean these are NEW finds at the other wells they were exploring around the same site as the last find? Or is this confirmation of the commercially recoverable rates of gas from the find at the first field a couple of months ago? Because if so I thought that was potentially 25 trillion cubic feet of gas the first time and this is what had moved the price. Is this confirmation of this find or are these discoveries? Thankyou

niceonecyril, exactly, everyone was waiting for news on Kemerkol, but we got this instead, just as good, but the next news due is Kemerkol and then test results on well 104 ;)

niceonecyril - 25 Jan 2006 23:19 - 315 of 316
Firstly let me say i don't hold with this EK rubbish? Believe what you want, a far wealthier and smarter operater than most.
Now what a great day,just wonder what's in store for tomorrow?
Not one post mentioned Kemerkol, news due any day. A positive RNS about
Kemerkol would make this go ballistic.
So happy days ahead, good luck to all.
cyril

A good post at AFN, and it looks like the expected good news from Kemerkol is now very soon in coming :)


stevedawn - 25 Jan'06 - 21:35 - 4845 of 4915
I emailed VOG yesterday regarding my concerns re EK's supposed change in
sentement towards VOG, also to ask about the progress RE well testing & oil
production.

This is the response I got.

Talk about timing!

Dear Steve

Many thanks for getting in touch with us

I can confirm that we anticipate that results from the testing of
discovery Well 104 at West Medvezhye are expected to be finalised on
schedule during the first quarter of this year. Operations at appraisal
Well 106 and new exploration Well 103 are also on course for well
testing to be completed in the second quarter.

Re-entry work has already begun at Kemerkol in Kazakhstan and coupled
with the drilling of a twin well, we anticipate that oil production will
commence in this quarter.

I hope that you had a chance to see our announcement this morning.
DeGolyer & MacNaughton have released an updated feasibility study on the
West Medvezhye licence block reporting prospective recoverable resource
volumes of 5.5 Tcf of gas, 146 million barrels of gas condensate and 25
million barrels of oil. This equates to over one billion barrels of oil
equivalent for the whole project. The full study is available on our
website (www.victoriaoilandgas.com).

Best regards

George Donne
General Manager


-----Original Message-----
From: Steve & Dawn
Sent: 24 January 2006 19:45
To: George Donne
Subject: Victoria oil and gas
Dear Sir
As a small private investor in VOG, I am very concerned as to the fact
that Simon Cawkwell, the Investment Guru, who has a very strong influence in
the financial market, has announced that he has sold his holding in VOG.
There are a lot of nervous private investors like my self who are concerned by
his sudden change in sentiment towards VOG. Simon Cawkwell had previously
announced what a good company VOG was with great prospects, underpinned
by sound Management, and him stating that he had spoken directly to Kevin
Foo with regards to VOG's activities and future prospects.
Is there justification in my concerns or is everything going to plan re
well testing & oil production etc.
I appreciate you cannot disclose any price sensitive information
directly. But some update via RNS as to the status of well testing activities in West Medvezhye gas and gas condensate field and the status of Oil production
at Kemerkol Oil Project, Kazakhstan, would be most appreciative and ease my
worries and that of many a private investor in VOG.

A quick response would be most appreciated,
Kind Regards Steve.

Amities / What a rewarding day for us all . ! l had originally planned to slowly accumulate VOG for my portfolio of oilies { BP,JKX ,EEL,BUR ,DNX, HDY,COP and CDL to name but a few ; but today my trading instincts could not resist banking profit. Playing the percentages as always ,,lts the only way l know .Always the percentages ,But for a jolly good reason on this ocassion ! ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, This sale had absolutely nothing to do with any particular negative variables related to the stock -such as Simons disposal -au contraire -For every Simon C there is a nemesis . He took a group of us on reg. Regus during suspension during bankruptcy protection ,,,,and i estimate he lost millions .Literally .,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, i believe VOG has not yet finished its prodigious frenzied assualt up the charts . lnevitably there will be other % players banking profit for w/e . But since i tucked away a nice holding upon the first retraction @ 88p and saw offer @ 237 1 was out ...Kept 10,000 but sold most of my holding . And why you ask ? l wanted to release as much funds as i could for the utterly underpriced Gazpom sell off in about 17% of its issued equity. . At last Gazpom has opened its doors to foreign investors as they float on the LSE. .......Seem expensive at first sight. BUT expecting 12 euos back from Gazpom Every single person i spoke to today was waxing lyrical about its prospects . ,,,,,,,Of course ,,l still retain a small interest in VOG as i said it is a solid and its full potential quite unquantiafiable at the moment ; and l wish all holders the very best of luck . Bonne chance et Bonne nuit ,,,,,,,,,@+ J

From www.oilbarrel.com today and the big thing is, the items in bold, you have to be holding for those results, would be crazy not to, and the first news on 104 is due any time in the next 9 weeks :) The upside from a firmed up 0.5 for well 104 is good, but imagine a firmed up 2.3t just from Well 104 !! It has some risk, but could well reward greatly. And then further news on 106 and 103 before end of June.



26.01.2006

VOG Delights Investors With An Update On Its West Medvezhye Project

Shares in Victoria Oil & Gas surged 55 per cent yesterday as the company announced an update on its West Medvezhye gas and condensate project in Western Siberia, Russia. The shares in the AIM-quoted firm gained 80.5 pence to stand at 227 pence.

The rally came after independent consultants DeGolyer & MacNaughton (D&M) attributed a recoverable resource base to the project of 5.5 trillion cubic feet of gas, 146 million barrels of condensate and 25 million barrels of oil, giving the West Medvezhye licence a total hydrocarbon reserve tally of 1.1 billion barrels of oil equivalent.

These are big numbers and the markets enthusiasm for the stock is understandable - but not yet justified. The numbers quoted above are best estimate prospective figures, which have yet to be proven through the drillbit.

VOG is working towards providing some solid ground to back up these estimates. The Danniella deposit, which was discovered last year with Well 104, is currently being tested. That well was given a 0.5 tcf recoverable reserve base by D&M in November 2005, with a possible upside of 2.3 tcf, following a vertical seismic profile of the hole. The results of the present production test will give much greater certainty about the reservoirs potential.

Further work is underway on the 1,224 sq km licence, which lies in one of the worlds richest gas producing regions. Two new wells, Well 106, which will appraise the 104 discovery, and exploration well 103, which will test a separate structure on the licence, are due to spud next month, with test results due in the second quarter.

Executive Director William Kelleher described this weeks D&M update as truly exciting news and it certainly appears to vindicate VOGs decision of early 2005 to increase its stake in the West Medvezhye licence to 100 per cent. This was completed in December when it paid US$3.2 million in cash and issued 1.2 million new shares to acquire the final 25.2 per cent. VOG also agreed to waive its US$2.6 million outstanding claim against the vendors of its existing 74.8 per cent share.

The negotiations to conclude this deal and secure 100 per cent of the licence have been protracted and investors will no doubt hope this brings to an end any concerns about title or partner disputes, issues that have seen many a foreign oil and gas investor run aground in the country.

There has been some positive news on one issue that could make-or-break the West Medvezhye project. Earlier this month VOG signed a gas distribution protocol with Russian gas giant Gazprom, which controls the countrys only gas pipeline network. This is seen as the first step in securing a long term gas offtake arrangement, which will be key to monetising the reserves at West Medvezhye.

Its important to remember that the protocol is not a legally binding contract but any co-operation with the energy behemoth is good news. Encouragingly Gazprom subsidiary NGP has agreed to provide VOG with technical and procurement assistance. Even so, there is still some way for VOG to travel with this possible company-maker of a project and investors should not get too carried away until more work has been done with the drillbit - and Gazprom is fully committed to transporting the gas to markets in Russia and beyond.