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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

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.,

Hooray for VOG... rest of my portfolio taking a beating this morning (as it did last week!)

Spoke too soon ! even VOG pulling back on the sp... market is in freefall !

It says something about the amount of positions that are now being forced to liquidate, when even VOG is now down a few pence even after the RNS.