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
hlyeo98
- 15 Jun 2006 16:15
- 786 of 2511
I haven't heard of any delays in EME. I guess this is some rumour of scare-mongering. Keep it up, shadow.
onthedolegit
- 15 Jun 2006 21:15
- 787 of 2511
Kevin Foo has a bad track record.
Sell while you still can.
Overvalued dog in my view.
lizard
- 15 Jun 2006 21:27
- 788 of 2511
it may have been overvalued a month ago at this stage of the companies development but now i would say it is considerably undervalued!. still hold my 2 year forecast of 500p.
onthedolegit
- 15 Jun 2006 21:39
- 789 of 2511
500p !
LOL.
Keep taking the medication.
All oil/mining stocks are way overvalued.
About 60% overvalued say some analysts.
A bubble waiting to burst.
cynic
- 15 Jun 2006 22:26
- 790 of 2511
hope u r putting your money where your mouth is then and shorting heavily! ..... or are you just mouth?
queen
- 16 Jun 2006 07:26
- 791 of 2511
cynic, I've seen a few people like onethedolegit on other message boards, in fact they all sound like the same person, just with nothing better to do than try and piss people off. just ignore him. onthedolegit...f*ck off you w*nker
cynic
- 16 Jun 2006 07:37
- 792 of 2511
don't worry old queen (sorry!) ..... such peeps do not worry me at all for it is a racing certainty that he has not backed his wind with hard cash ..... if he has, it is pretty certain that his testicles will be squeezed today as the market puts in a solid performance ..... however, also see my caveat on Dubious Sell-off
queen
- 16 Jun 2006 07:58
- 793 of 2511
only thing i regret is not going in for more at 110p. I've no doubt voggy will bring home the bacon!
bonfield
- 16 Jun 2006 16:32
- 794 of 2511
onthedolegit can you give more info about the Foo man? I read something about him in Evil Knievel's bear essentials a while back but have since flogged the book.
cynic
- 16 Jun 2006 16:35
- 795 of 2511
For general consumption and for what it's worth .... not from the horse's mouth, but from a reliable source nevertheless ...... it seems that one of the large broking houses put out the rumour that two of the test wells that VOG are drilling were dud and had been plugged, and hence the plunge ..... VOG says that is codswallop.
queen
- 16 Jun 2006 16:41
- 796 of 2511
so that would mean we're in for a steep rise once the rns is released to confirm this, cynic. The current SP hopefully is just a reflection of people beliveing the rumours and should return to previous levels once those rumours are quashed
That's the plan anyway!
cynic
- 16 Jun 2006 16:51
- 797 of 2511
just keep your fingers crossed that the real news makes good reading ...... i am confident that we shall have an update by end June (or even on 31st), for VOG has promsied such ...... whether or not that says any more than "full evaluation still in hand" remains to be seen ...... for obvious reasons, everyone is still pretty shell-shocked from the last few weeks, but provided the market now stabilises, there may well be a steady rise in the price in anticipation.
Dinky1
- 16 Jun 2006 17:20
- 798 of 2511
Hello everyone. never posted here before.....but know cynic from another BB....Hi cynic.
onthedolegit seems to be saying the same things as someone on the ADVFN thread 2 days ago....that poster claimed that it was Peel Hunt who had fed him info that was derogatory to VOG and Mr Foo ( won't repeat it as I don't believe it). He has disappeared now!
It seems that a number of people on the other BB have emailed VOG regarding the sp. movement and this is one of the replies:
"Many thanks for getting in touch with us.
The recent share price activity is unfortunate and frustrating, but Victoria's share price decline whilst acute has not been abnormal amongst its peers. A great deal of speculation has emerged in anticipation of the test results from West Med and this has almost certainly exacerbated the effects of wider negative market sentiment in the junior resources sector.
Although the company cannot comment on the recent share price movements, we ask our investors to look at the underlying fundamentals. The only change since early May (when our share price was around 2.50/share) has been a resource update from D&M on the Danniella structure increasing total estimated resources from 500bcf to 518bcf and increasing contingent resources by five times. It should also be noted that Danniella is 1 of up to 26 identified subsurface structures and contributes only around 10% of the overall expected resource volumes for West Med of 5.6tcf of gas.
We fully appreciate how difficult the last few weeks have been for our investors, but I hope this gives you some comfort. Please dont hesitate to contact us again if you have any further questions"
Cynic - I've gone in for more and am holding tight.....can I assume you are doing the same then?
cynic
- 16 Jun 2006 17:26
- 799 of 2511
Hi Dinky .... I am afraid I was forced to close some of my positions over the last few weeks, but yes, I bought more VOG today at 125.
Dinky1
- 16 Jun 2006 17:31
- 800 of 2511
Thanks cynic! have a good weekend..
queen
- 16 Jun 2006 19:58
- 801 of 2511
yep me too, went in for more at 125
onthedolegit
- 17 Jun 2006 17:13
- 802 of 2511
Foo has a very dodgy past.
I would not buy into any company with this shark in charge.
dthomson014
- 17 Jun 2006 18:45
- 803 of 2511
Eurasia: Kazakhstan Squeezes In On BTC Pipeline Project
Oil-rich Kazakhstan today officially joined a major pipeline project to transport oil from Central Asia to the Mediterranean. The deal comes as the Baku-Tbilisi-Ceyhan (BTC) pipeline is set to be inaugurated in mid-July. The presidents of Kazakhstan and Azerbaijan sealed today's agreement in the Kazakh commercial capital, Almaty.
PRAGUE, June 16, 2006 -- Addressing reporters after the signing ceremony, Kazakh President Nursultan Nazarbaev said that the agreement marks a milestone in the history of Kazakh-Azerbaijani relations and in the development of the Caspian Sea basin.
It is a very important agreement, which took us a long time to finalize," Nazarbaev said. "Our specialists have done a good job and made this signature possible. It is difficult to overestimate the importance of this agreement, [because] Kazakhstan and Azerbaijan are considered the two main links in the [chain of] trade that exists between Central Asia and the Caspian region.
Azerbaijani President Ilham Aliyev said the deal testified to the good relations that exist between the Caspian coast neighbors.
Todays intergovernmental agreement between Kazakhstan and Azerbaijan, which provides that Kazakh oil will be shipped through the Baku-Tbilisi-Ceyhan pipeline, is yet another evidence of the high level of relations between our countries," Aliyev said.
Squeezing It Out
Under todays deal, Kazakh oil should be carried by tankers through the Caspian Sea to the Sangacal oil terminal, near Baku, and then pumped through the BTC to the Turkish Mediterranean port of Ceyhan.
The 1,770-kilometer pipeline has a planned annual capacity of 50 million tons, which would be just enough to carry Azerbaijans output meant for Western markets.
But industry officials say technical adjustments will make it possible to upgrade BTCs capacity by 50 percent to make room to Kazakh oil.
Aliyev suggested today that, if the need arose, it would be possible to even double the pipelines capacity.
Azerbaijani State Oil Company President Rovnaq Abdullayev told reporters in Almaty that, initially, 10 million tons of Kazakh oil should be shipped through BTC each year.
Kazakh Momentum
Nazarbaev noted that his country needs as many export outlets as possible, if only because its oil production is expected to continue increasing in the next 10 years.
"One can say that [todays agreement] is very profitable for us. As I keep saying, Kazakhstan's oil [and] Kazakhstan gas are worthless if they remain underground," Nazarbaev said. "Under market-economy circumstances, it is necessary to find ways to bring [this oil and gas] to world markets. With todays agreement, we have now the possibility of shipping our oil, first, through Russia, second, through China, [and] third, through the Caucasus region. Huge new [oil] facilities will start operating along the Caspian shore near Baku, Azerbaijan, and along our own Caspian shore."
On June 6, U.S. President George W. Bush sent Aliyev a letter, in which he expressed support to Kazakhstans bid to join the project.
The BTC is one of Washingtons long-term geopolitical endeavors in the Caspian region and one of two pet economic projects.
The other one is a projected natural gas pipeline that should eventually link Baku to the eastern Anatolian city of Erzurum, through Tbilisi.
The BTC and Baku-Tbilisi-Erzerum are designed to reduce the dependence of Caspian countries on Russias pipeline networks for their exports.
Moscow has long ceased actively opposing those projects. But it keeps saying they will not be profitable.
Meanwhile, preparations continue in Turkey in the run-up to the BTCs inauguration, which is schedule to take place on July 13.
Western media this week said that Turkish authorities have invited some 50 heads of state or government to attend the ceremony.
dthomson014
- 17 Jun 2006 20:34
- 804 of 2511
Here is a link that shows that other companies working in Russia have lost working days because of the extreme cold.........http://www.finanznachrichten.de/nachrichten-2006-05/artikel-6493800.asp
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cynic
- 19 Jun 2006 09:03
- 805 of 2511
would be nice to hear that onthedolegit had indeed heavily shorted VOG as he will currently have something of a sore head .... let's hope it lasts and lasts and lasts .... but very short odds that he is all wind