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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

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.

Right you are Paulo - my apologies.

News video from Sky about Russian oilfields, interesting no?

http://www.sky.com/skynews/video/videoplayer/0,,31200-oil_p10575,00.html

Alas I have been unable to play this, DThomson014 and wish I could - but I did see a very interesting documentary on German TV a few weeks ago, about Gazprom's gas exploration inside the Arctic Circle. It brought home just how tough and dangerous are the conditions where these companies are working, e.g. everything takes longer because special techniques have to be used to ensure the survival of men and machinery at temperatures often way below -25 C.

However, the result was a gas field producing one million cubic metres per day and exporting it via pipeline to the West. The amount of preparation that had to go in beforehand was considerable though, including the building of the pipeline itself at the rate of approx 300m per day. They also had to build a large, covered plant for purifying the gas before sending it away.

All in all it really made me think - and provided a few sobering thoughts about what conditions are really like in the oil and gas industry for those moments when I'm sitting at my PC feeling like whingeing about the share price not moving!!

Boucher sees great Kazakh potential, promises aid to reach goals

Washington: U.S. Assistant Secretary of State for South and Central Asian Affairs, Richard A. Boucher, has said that Kazakhstan has great potential to develop and play a larger role in world energy, regional affairs, and in promoting reform and democracy and pledged the United States will continue to help Kazakhstan along its way.

Boucher, who visited Kazakhstan April 8 to 10, had met with Foreign Minister Kassymzhomart Tokaev, other officials and leaders of political parties and nongovernmental organizations.

His discussions with Tokaev focused on ways of promoting regional security and integration. Earlier this month, they had discussed similar subjects at the conference in Kabul, Afghanistan.

In an April 8 interview with Channel 31 TV in Almaty, Boucher said Kazakhstan has great potential in energy, great potential in agriculture, great potential as a stabilizer in this region.

Our goal is to figure out how to help Kazakhstan realize that. Some of its economic, some of its security, some of its by helping Kazakhstan achieve democracy. All those things go together, and they all support each other, Boucher said.

Our goal is to make sure these countries get the opportunities and the attention they deserve from the United States. One of our goals is to make sure we dont lose all the connections between Central Asia and Europe connections between the Council of Europe, the OSCE, the European Bank, NATO, and the European Union. But well see what we can do to promote the other connections to the south, he added.

Before the recent State Department reorganization, U.S. managed relations with Kazakhstan and four other countries of Central Asia through the 54 nation Bureau of European and Eurasian Affairs.

Boucher said in an interview, theres a perception in the United States that Kazakhstan is, first of all, a big country, an important country in a key location Kazakhstan can and will benefit from regional ties. Kazakhstan will benefit from having more options, a variety of ways to sell oil and gas, and electricity.

The U.S. diplomat said the United States has recognized positive movement in Kazakhstan, and noted, Were also looking for movement towards rule of law, fighting corruption, building democratic institutions, so that this kind of change can go into the future.

Why did you post that?

Boing !!!!! Sudden bounce of 10p around 2 o'clock. No apparent reason, unless there's some news on the way. Any ideas??

If youve had a good day please consider giving a donation to the lads dressed as Elvis racing 350 miles to the North Pole on behalf of Great Ormond Street Hospital It makes the London Marathon seem like a stroll in the park!
To donate or view how theyre getting on visit
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thanks for your time

Soul Traders,

I'm guessing it's people buying ahead of the Well 104 fracture stimulation results (due in May), exploration Well 103 (also due in May) and the appraisal Well 106 completion (expected in April), as per the "Development Update" RNS of 27-03-06.

Strawbs.

I concur, your honour.

nice steady rise over the last few days ... nothing flashy; no silly volumes .... all good stuff that SHOULD presage good news

Fingers cross

Strawbs, just to clarify, VOG aren't scheduled to release results for 103 or 106 - it's just the drilling that is due to be completed in April/May.

Rise seems a bit odd if its only related to the completion of 106 drilling. Perhaps there will be additional unexpected news on the asset front. A purchase?

sorry to be lazy and failing to check, but i rather thought (think in fact) that there was (is) another report imminent on Well 104

So I am a newbie!!! do you think this still has a good growth potential or should I leav it alone? will buy in on monday morning based on the listed comments hear.
Thanks everyone

AndrewThomson77,

I don't think they're scheduled to release any information on anything, unless it's likely to affect the share price. I was just pointing out three events happening over the next 6 to 8 weeks, outlined in a recent RNS, that may be a reason for the recent rise. e.g. People buying on the expectation of a good announcement coming from one or more of these events. As ever, just my opinion though.

Strawbs

i like VOG a lot, and it could be argued that i already have far too great a % in my portfolio ..... I have bought above the current price, and i have bought below it, and I have traded in/out very profitably over the last months ...... so that gives you a personal pic.

My own view is that VOG should have quite a long way to go, though for sure there will be scares and alarums en route - as happened a couple of weeks back ..... However, VOG certainly look to be sitting on some very valuable real estate and continue to build a solid reputation in the markets (unlike Regal!) .... IMO, this share is still worth buying even (some may say especially) now, but don't mortgage your house

Frank Williams, welcome to the VOG thread! I think you'll find some very useful information and argument has already been posted on this thread over the last month or two, so please give it the once-over. You'll probably find that most people posting here are in favour of buying - I certainly am - but you should do your own research and be able to stomach sudden price drops as well as sudden rises.

Personally speaking, I would hesitate to tell you what you "should" do, because of the risk that you will be disappointed by an unforeseen drop in the share price, panic and sell at a loss. I would recommend you analyse the company and its prospects thoroughly, as well as peoples' arguments for and against investing, develop a sense of conviction about them and then act accordingly. Having done so, be prepared to stick with it for a while. From my point of view, I am satisfied that this company has outstanding prospects and that its share price will rise considerably, at least in the medium term, if not quite soon. That means I was able to ride out the recent choppy waters without too much bother, even though it meant my recent big investment at 228p was running a loss for several weeks, although my earlier buys at an average of 85p were all still nicely in profit.

You should be aware that other people on the MoneyAM forum consider VOG to be risky - as are all stocks in one way or another.

I'm sorry if you think I'm being obstructive by not giving a yes/no answer, but I do believe in investors being equipped to make their own decisions, especially having been in the position of being an easily-panicked newbie myself! That said, if you have any specific questions then I and/or many of the other punters here will be delighted to answer them.

PS Dear All, Today's price rise is music to my eyeballs and finally gets me back into profit across all of my purchases! However, the proof of this particular pudding will be in the results of those three wells. Which I naturally hope will be good, cos if not, it's back to being patient for a while!!

Frank, to buy a stock based on the comments here would be a mistake my friend. Do your own research. VOG is in its infancy and investors are very reliant on the forthcoming drilling results. Whilst the consensus is they will be positive, there are no certainties. This stock certainly comes with a high amount of risk IMO. That said, our investment club has a substantial VOG holding and we are very overweight on oil stocks. Eggs is one basket, just like Warren Buffett!