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
Mr Mole
- 22 Nov 2005 09:40
- 88 of 2511
Quiet on this thread considering the fall today...anyone have any thoughts on where this is going. Pretty much bought at the top so it looks like I'll be with this one for a while (story of my life!!). Comments welcome.......
cellby
- 22 Nov 2005 10:06
- 89 of 2511
we will haVe to wait for flow rate test news should be ok its next to one of the bigest gas fields in the world with gas inplace of half a tril dont think we are up for a ramcoing im down 25% so far been here before with this co x2 and they came good.
Confidant
- 22 Nov 2005 10:17
- 90 of 2511
First comment on any thread so here goes. Mr Mole, mate, what are you doing when a stock is up 100%+ in a couple of days, just say you missed it and look for something else
As for VOG look at the price action around AEN when it had a similar announcement Sept 2004. First day up slightly. Second day the big mover. Third day up some more but not as much. Fourth day trades at some point below the close of the second. VOG is now on the 5th day -- AEN traded up to new highs before settling around third day close before going on further a couple of weeks later.
This suggests to me we could see share go back to the mid-120's in the next few weeks
All this comparing with AEN has made me realise that stock seems to be bottoming and with AGM in Dec (I think as it was last year) it could run too
Talking my own book - I expect all my posts will be doing that. Isn't that what this investors room is for ? Or have I misunderstood something ?
ellio
- 22 Nov 2005 11:29
- 91 of 2511
Anybody brave enough to pick them up at 90p, wish I had, nearly 25% profit on the day, this has been shaken up big style, still think 200p by end of week
ramu
- 22 Nov 2005 11:43
- 92 of 2511
Confidant, very good first post. PET was another share whose SP movement was similar to VOG when news broke out in Oct 2004. However, these two companies are totally different and I feel VOG is less risky.
As the AIM is full of traders, you will see similar movements on mining/energy stocks - meteoritic rise on any positive news, then the SP drifts down and subsequently stabilises.
I think if newsflow is maintained, then it'll be good to be in VOG. However, I am not sure when to get in. Any thoughts? Thanks.
kaysmart
- 22 Nov 2005 11:47
- 93 of 2511
I picked some at 92p actually. I am confident that the sp will go up long-term. It does provide a trading opportunity for the brave. Time will tell if I am right.
Confidant
- 22 Nov 2005 11:58
- 94 of 2511
200p looks a bit much
on the valuation front 0.5tcf ("recoverable resource") would be worth say $250m in the ground --- in the North Sea. In Russia probably about $80m - 50m
If worth 50m and get close to max upside 2.3tcf say field could be worth 200m to company - slightly conservative
I don't know details of other fields so add say 20m for rest would suggest a market cap fully priced at 220m or about 250p/share. Given the risks and early stage 150p looks around about fair. Say this with no idea of news pipeline just on the Thursday info. I agree a little conservative
ramu
- 22 Nov 2005 12:29
- 95 of 2511
Confidant, 150p is conservative but it's better to err on the low side. Personally, I think if the next positive news is within the month, then VOG will go north again. What's your timeframe?
Confidant
- 22 Nov 2005 13:34
- 96 of 2511
Assuming no bad news, would expect to trend up as we see today -- the mirror image of AEN it is quite uncanny.
Should see profit or even loss takers on the way to 150p so a 200p scenario by end of week as put forward in one post needs more good news or a broker push. Infact a broker push or investor magazine is likely to be the next impact one way or the other
kaysmart
- 22 Nov 2005 14:12
- 97 of 2511
I would agree with your analysis confident!
goldfinger
- 24 Nov 2005 12:48
- 98 of 2511
Joined you guys in this one this morning. Evil K going from short to long persuaded me plus 2006 could see further discoveries.
cheers GF.
Confidant
- 24 Nov 2005 13:59
- 99 of 2511
Not so sure as that makes me happy. These sort of guys have much bigger wallets than me so don't mind losing every so often as they have more bets out there. Especially when their writing their own pages on the net. Be sure they will be
1 . Talking their own book
2. Trying to hype it as much as possible one way or the other
3. Possibly aware of information, that normals are not privvy to, the sort of info which has a big impact in the short term but little impact on the company longer term
Presumably if this guy was short, he's trying to make up for his losses by going the other way.
cellby
- 24 Nov 2005 14:34
- 100 of 2511
i think any share mags will put a damper on this going on about proVen and probable until further tests ,i hope im wrong haVe these at 125 like to see them push to 160.
ramu
- 24 Nov 2005 14:58
- 101 of 2511
I totally agree with Confidant.
EK should have been banned ages ago. It's individuals like EK who encourage traders instead of investors. I also noticed one of the Pump & Dump brigade has joined us - time for a swift exit! Good luck all.
aldwickk
- 24 Nov 2005 15:27
- 102 of 2511
Who would that be ? Ramu.
olami5
- 25 Nov 2005 12:34
- 103 of 2511
Anyone know whats happening to VOG? It seems to be heading downhill.
AndrewThomson77
- 25 Nov 2005 13:22
- 104 of 2511
I guess you folks all know this is a play of the week. For those who don't... its a shares mag P.O.T.W. this week.
AndrewThomson77
- 25 Nov 2005 13:29
- 105 of 2511
It's just drifting after the big rise last week, Olami. Profit taking and dips until people buy back in. Seems to be a lot of buying whenever the price drops below 100. Lower volumes than before. Quite large spread.
The value of the assets is much greater than the value of the company at present. The thing holding it back is the risk (mainly due to location and customers) and uncertainty until next news.
niceonecyril
- 27 Nov 2005 09:56
- 106 of 2511
From the Octobers Final result RNS.
As well as the VSP we are also awaiting Final results of Advanced Flow Rates
to give us a more Comprehensive understanding of the potential reserves for
West Medvezhye. We expect the results to be ready for the End of the Year,
during which time we will have began mobilisation for the drilling of 2 further exploration wells in different locations of the block.
"So less than 4 weeks"
In the mean time a updating of Tamdykol is imminent.
cyril
ellio
- 28 Nov 2005 09:27
- 107 of 2511
Up nicely this am, maybe more news in the pipeline