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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

Looks like it's gonna go down 20p instead !

trying to be positive,,, probably profit takers coming in this morning and the buyers will return later... hopefully

its gone down 3% hardly the end of the world, lol.

no, not the end of the world but neither is it the 220p as mooted above ...

this was always going to very volatile, ive already been in and out and made a nice profit over 3 weeks. news is coming, we all know that, do you buy on judgement of a find or do you wait for confirmation/non confirmation of a find. its a maze!!!

Kivver iv`e bought these on and off since 1.00 and made nice money,but still holding a substantial amount because the gas under the ground alone is worth more than the current share price never mind any more discoveries on top. When they go up they tend to fly very quickly so if you don`t hold when take off comes it can be very easy to miss the boat. Beat to have a moderate holding long term and T10 the spikes.

Sorry last sentance `Best'

well said pisces couldnt agree with you more, hope your watching KMR as well because there is a similar scenerio. i do think there are a few risks with VOG, and would like this agreement with gazprom to be made a little clearer (unless ive missed something) but reward outweighs the risk. good luck to the holders.

We are now a producer of oil, ref to Kemerkol.
www.resourceinvestor.com
An appealing way into Russian Oil and Gas.
Why no RNS?
cyril

If we are now producing oil expect the sp to rocket on Monday,an RNS to confirm would be the icing on the cake.

Well its nice to know theirs one other person reading this MOST important piece of NEWS.
cyril

Don't worry, I read it too. Not really in a position to comment on it because I'm not 100% certain they got their facts right. Would be nice to get an RNS to clarify.

If sp falls below 2 on Monday I will definitely buy another 2000 to add to my collection.If there is a positive RNS on Monday,2 will never be seen again.Better be up early on Monday then.

26 million bls+, hats more than West Medvezhye .

Yukos connection very interesting?

Whens the RNS due then?

Re: RNS required - KERMERKOL Why nicknames 4
Received answer from VOG at 6.29pm tonight. Good to the boys working hard!!

Here it is:

Dear Dave
The development of Kemerkol is on-going and re-entry operations of the shut-in wells have begun. No oil production has yet commenced, but we are anticipating first production on schedule during the first quarter of this year
Best regards
George Donne
General Manager


Therefore, there is no production as yet and we can expect oil production to commence in the next 2 months - Good times ahead as VOG will actually create an income.



WN
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Nearly off topic but not quite. If this is the same Celtic Resource as AIM then they hold approx 30% of VOG shares.

LONDON, February 6 (newratings.com) - Analysts at Alfa Bank maintain their "buy" rating on Celtic Resources (ticker: DQ4). The target price has been raised from $4.41 to $4.63.

In a research note published this morning, the analysts mention that on February 3, the company announced the disposal of its 20% stake in SVMC to Interros for $80 million in cash and $10 million as compensation for its debt to SVMC. The analysts believe that Celtic Resources would continue to develop the Suzdal and Zherek gold projects in Kazakhstan. The company is likely to consider acquisitions in the CIS, with the main focus on Kazakhstan and Russia, Alfa Bank adds.

Excellent work Dave, very positive news on Kemerkol.
CER is the one of 3 companies run by K FOO, Eureka is the other,
which released an RNS late today and is expected to shoot up(sp that is).
They sold Tamdykol to VOG,but i believe they hold 7.82%.
cyril
ps eureka has a thread here, epic EKA, you will find the RNS on it

TNK-BP Ready To Cede Kovykta Control To Gazprom-Vedomosti

MOSCOW (Dow Jones)--TNK-BP (TNKB.YY), the holding company that incorporates BP PLC's (BP) assets in Russia, is prepared to cede control of the giant Kovykta gas field in eastern Siberia to OAO Gazprom (GSPBEX.RS), the newspaper Vedomosti reported Tuesday.

The newspaper cited a source at one of the ministries to which TNK-BP had made a new presentation as saying that the company is prepared to transfer its 62.42% stake in Rusia Petroleum, the consortium which holds the license to Kovykta, to a newly formed consortium, which would include new gas transportation infrastructure built by Gazprom.

Vedomosti cited a spokesman for ZAO Renova, 12.5% owner of TNK-BP, as saying that "the company is offering to unite the technical and financial possibilities of TNK-BP and Gazprom in a joint development of gas fields, but it hasn't made any concrete proposals to Gazprom about the division of stakes in Rusia Petroleum."

Kovykta is one of TNK-BP's largest assets, having the potential to export large volumes of gas to China and south-east Asia.


Newspaper Web site: http://www.vedomosti.ru

dthomson - Thanks for posting the major finds and articles on here. I don't have access to advfn from work, so I'm usually left in the dark until I get home :(

What was with the 7p spread in the last 10 mins? They kept lowering the bid but the offer was held firm. Filling a large order and trigger some stops perhaps?...