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
dcb
- 06 Apr 2006 11:32
- 549 of 2511
Any news from the EGM yet?
olami5
- 06 Apr 2006 14:04
- 550 of 2511
seems like the results are out lets hope its good news
ellio
- 06 Apr 2006 14:08
- 552 of 2511
Is that it??
jimward9
- 06 Apr 2006 14:34
- 555 of 2511
post from other board (xxxheroxx)
this chap posted these bits on way back to work from egm.
Ok ladies/gents the moment you have all been waiting for. A bit of feedback from the EGM. Can only apologise I have work at 2pm so I have to rush this however I know your all eager to find out. I took notes so I will give you an insight to what I picked up on. Read my next post.........
Ok to start with Mr FOO and the management were pleased to announce that everything was on schedule. There were three resolutions which were 1) Increase share capital 2)Directors to allot shares 3) Allot shares for cash. The majority of peeps in attendance voted in favour of the above
Spoke about well 104 apparently they are waiting for materials to arrive which will take approximately 2-3 weeks to arrive.
With regards to well 104, someone asked why a futher well was to built. I did not record the exact answer. However, something along this line was said. The well hole was to small for the volume of the flow causing it to 'choke'. 'choke' was the word he used.
IMO they had a v.large flow, probably larger than anticipated and it got caused problems. Thats why they have decided to use fracture stimulation to unlock the full potential.
Anyway with regards to the results (RNS), he did bring it up and he stated that the market had high expectations.
He explained the difficulty of working conditions out there. Permafrost (Dont know what it means)LOL and also that at times they had equipment shortages.
It was said how they had someone in place to keep down costs and to make sure things were done on time.
Sorry if this is all over the place. I did just scatter down notes so thats the reason.
They spoke about kermakol. They said everything was going well. Apparently in the last 5 days they have been doing something to the reservouir pressure. It was said that they cleaned the well today and they will turn it on tomorrow. (this was done to allow all the build up to come out, salts etc and other things that i didnt note)
Ohh there was really good news, apparently it produces with absolutely no water. He said the quality of oil was good producing 34-39api (like diesel). (Something I will have to look up later)
He said something about well 45. I think in kermakol, he said that they are hoping to produce a further 150 barrells per day in the next 2 weeks.
Stating that they hoped for 400 barrels of oil per day between now and the end of the month.
1500-2000 barrels of oil by the end of the year.
This was very interesting.
Apparently they are selling the oil they produce to a freight forwarded.
They cant export it until they get an export licence.
He mentioned that they were hoping to try and get one at the end of the 4th quarter. (Whilst this was being mention Will Kelleher said we had got one before, dont know if this was for another company that he used to work in but he seemed confident about it).
Anyway I have a bit more to list. I will try and stick it on here when I finish work tonight.
With all my last posts I can only say they are as accurate as the notes that I took down.
Anyway to those that appreciate the feedback
Dartmoor
- 06 Apr 2006 16:51
- 556 of 2511
Thanks Jimward9 and to the guy who posted - I have just upped a bit more VOG into my coffers - wish I could make it more, but am happy to sit pretty, am sure this is going to fly soon.
Dartmoor
- 06 Apr 2006 16:53
- 557 of 2511
Thanks Jimward9 and to the guy who posted - I have just upped a bit more VOG into my coffers - wish I could make it more, but am happy to sit pretty, am sure this is going to fly soon.
dthomson014
- 06 Apr 2006 23:10
- 558 of 2511
TAKEN FROM ADVFN.Gooner I agree with you. WK obviously couldnt say that but it is usually obvious when you are face to face with someone and they are trying to ramp something up there was absolutely NO indication of us having anything to worry about re 104 or the other prospects.
One thing I forgot in my report which I found interesting, it was around the point when KF was telling us it was no time to sit back because of all the good prospects out there. There was a quick dialogue between KF and WK about the time they spend on new potential and they agreed that at least 30% of their time collectively is spent on new potential. It seems there is a guy (Nigel I think) who is the master at digging around the FSU and finding forgotten treasure. KF said that only in the FSU are there assets to be found selling for below their full value and that VOG was hot on their trail. There was then another question whether VOG was looking at countries other than our present locations and they would only say that to date all of the FSU and satelite states AND Asia were likely targets. Surely big enough to keep us busy for a while.
dexter01
- 07 Apr 2006 08:41
- 559 of 2511
morning all,
off topic,
might be worth having a look at MRP, looks like about to breakout with good news imminent.
Dexter
olami5
- 10 Apr 2006 14:57
- 560 of 2511
Does anyone know what is happening? It just keeps dropping.
dthomson014
- 11 Apr 2006 22:11
- 563 of 2511
Gazprom makes first LNG delivery to Britain
AFX
MOSCOW (AFX) - Russian energy giant Gazprom said it made its first delivery of liquefied natural gas (LNG) to Britain.
The state-controlled group delivered 140,000 cubic metres (4.9 mln cubic feet) of LNG to BP PLC, the equivalent of 85 mln cubic metres of natural gas, it said.
The delivery was made to BP's LNG gas terminal on the Isle of Grain in the Medway river to the east of London.
skyhigh
- 11 Apr 2006 22:48
- 564 of 2511
dt...
sorry to be so ignorant but what signficance does this have for VOG ?
Paulo2
- 14 Apr 2006 07:49
- 566 of 2511
I think you'll find they've reduced their holding from 10.58%. Please do your research properly.
Not too concerned as they've been in since the sub-40p days so they're probably just top-slicing.
dthomson014
- 16 Apr 2006 09:58
- 568 of 2511
News video from Sky about Russian oilfields, interesting no?
http://www.sky.com/skynews/video/videoplayer/0,,31200-oil_p10575,00.html