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
barrenwuffet
- 20 Apr 2006 16:50
- 573 of 2511
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
http://www.elvispolarchallenge.co.uk/
thanks for your time
Strawbs
- 21 Apr 2006 11:32
- 574 of 2511
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.
cynic
- 21 Apr 2006 16:18
- 576 of 2511
nice steady rise over the last few days ... nothing flashy; no silly volumes .... all good stuff that SHOULD presage good news
Peter123
- 21 Apr 2006 16:22
- 577 of 2511
Fingers cross
AndrewThomson77
- 21 Apr 2006 17:25
- 578 of 2511
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?
cynic
- 21 Apr 2006 17:31
- 579 of 2511
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
frankwilliams977
- 21 Apr 2006 17:40
- 580 of 2511
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
Strawbs
- 21 Apr 2006 18:46
- 581 of 2511
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
cynic
- 21 Apr 2006 18:53
- 582 of 2511
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
soul traders
- 21 Apr 2006 19:26
- 583 of 2511
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.
bingobingham
- 22 Apr 2006 12:42
- 585 of 2511
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!
Kivver
- 22 Apr 2006 13:28
- 586 of 2511
What have you found out from your research Frank????? What do you think??? If you are a newbie and come on these sites asking such advice im afraid you are on the short slope to disaster!!! what if Suehelen or onechunkymonkey came on and on gave some advice??? good luck!
Paulo2
- 22 Apr 2006 23:23
- 587 of 2511
Frank, DYOR research... and then put your house on it.
frankwilliams977
- 01 May 2006 08:48
- 590 of 2511
Well the volume is not too bad and after looking into the potential of the upcoming events, I think it is stil a good time to get in. and have just bought a good stake (have not mortgaged my property but added to my Portforlio) I wil wait for the upcoming results from wells 103 & 104 in May regardless my veiw is that just based on the wait of the results alone, will cause the share price to go up. I want to say thanks to every one who posted a reply to my question. I do like to do my own research but I think its good to go into the Think Tank and listen to the opions on others and here their experiances. Thank you all. I think this one is on the rise.
olami5
- 09 May 2006 10:46
- 591 of 2511
Does anyone know why the SP has suddenly dropped to below 240p?
Is there news on the way?
new boy
- 09 May 2006 12:59
- 592 of 2511
Hello Olami5, I think theres alot of people with alot at stake in this one, there lots of nervous people out there, also you dont really know how much of the expected news is already built into the price already.
If news is delayed the price will go down to its resistance level , ifs its bad news i hate to think.
One the whole if you belieave the managment and done some research, long term it should a winner.