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http://www.moneyam.com/action/news/showArticle?id=4381032
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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

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.

I totally agree Skyhigh. Markets is not good today.

Morning all,

VOG's SP improving again right now. Expecting more good news from the rest of the scheduled exploration - I hope!! Bummer about the broad market sell-off this morning, but unless the commodities prices drop below those used in companies' feasibility studies then for all but short-term investors there's little reason to panic, IMO.

PS - don't let the MM's and the bears have it all their own way. Buy on weakness, I'd say, but avoid catching any falling knives!

IMO, WDIK, PDYOR.

I still hold more than what I regard as my base holding in these, so although I sold some last week, I am more than happy to sit with the remainder.

One broker has come out yesterday with a 330p target

Good stuff Ma - that's what we like to hear! It seems from yesterday's RNS that there will also be a steady flow of news over the coming months as the various wells are tested.

Naturally the wells have to be successful in finding hydrocarbons in commercial quantities, but I see lots of reasons to be positive and think it's just a bit of a pity that everyone's panicking like mad right now.

PS - Ma, do you have a link to that broker price target?

mbrian - house brokers - (they would say that wouldn't they!)

Should read - mentioned in Times today - AMBRIAN