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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

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!

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!

Frank, DYOR research... and then put your house on it.

Hmmm . . . I'd like to be sure Frank has the experience and nous to tell a good buy from a bad one before he puts his house anywhere. After six years in the game, I'm still working on refining my own technique!

I believe an ancient philosopher once said, "Don't speculate with money you can't afford to lose." Good advice for anyone who is still learning the ropes.

Anyway, to bring us back "on thread", we have a nice 5p rise today on turnover of almost 900k shares - lovely jubbly!! Nice to see 250p again . . .

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.

Does anyone know why the SP has suddenly dropped to below 240p?

Is there news on the way?

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.

thanks new boy

BOING !!! (I've been waiting to say that for ages!! :o))

Up 16p - a decent rise at last. Given that there's now only two-thirds of May left, I guess we can hope that big juicy announcements are imminent.

Scores on the doors: VOG Bid: 247p Offer: 254p Change: 16 Volume: 1.5 mil and rising.

Though VOG drifted back to about 236 over the last couple of days, it really is nothing untoward given the instability of the markets in general.

From memory, and I am too lazy to check, there are significant announcements due within the next week or so on Wells 103, 104 and 106 ...... Let's hope that news is all good.

Yes. I agree...lets hope there's no setbacks/disappointments or sp will fall right back. Particularly, as you say, the mkt is volatile at the moment. can see a 5% market fall coming up as it's now the season for "sell in May and go away" ! FTSE to go down to 5500-5600 I think. (imho)

Cynic - you're right - announcements due this month.

And the first result is a winnner!
Well 106 has come up trumps by the look of it.

Well 104 will not be drilling for a further couple of weeks due to a delay in getting the equipment.

Nice start to the week

Yes.....! looks good !

Shame it's released on a day when the market is taking a bashing ! but quality will win through over the coming months..
Be interesting to see if we get broker note upgrades etc.,