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
bonfield
- 18 Jul 2006 13:07
- 960 of 2511
sorry s.t., you're quite right that's what I was meant. Probably be later in year. I think last one was in Nov or Dec, around about 78p I believe. If we go any lower even the directors who piled in then will be underwater.....
lizard
- 18 Jul 2006 13:49
- 961 of 2511
going from bad to worse every day. a shorters dream atm!.
skyhigh
- 18 Jul 2006 13:50
- 962 of 2511
Grim isn't it ?
How much ami I loosing on this one ?
should I stay or should I go now !
Looks as though we're heading down to sub 50p !
(this is a prediction not an intentional de-ramp!)
Haystack
- 18 Jul 2006 14:20
- 963 of 2511
My feeling has been that it will bottom out at around 30p.
lizard
- 18 Jul 2006 14:22
- 964 of 2511
now that is deramping skyhigh(haystack)!. im going to weather the storm. i aint seeing much motoring in the sector atm. the directors added last week at 93p so they trading at a loss atm. comforting!>
espaceman
- 18 Jul 2006 14:37
- 965 of 2511
As far as I can see , there aren't many companies whose share price are perfoming very well at the moment .
skyhigh
- 18 Jul 2006 14:58
- 966 of 2511
I'm staying in also... even if it does go down to 30p !
Can't help thinking I've been well shafted in a classic mm "pump and dump" exercise... I should've seen it coming... when will I ever learn ! :(
mitzy
- 18 Jul 2006 16:05
- 967 of 2511
careful now.
EDAY
- 18 Jul 2006 16:11
- 968 of 2511
A REMINDER:
LONDON (AFX) - Victoria Oil & Gas PLC said managing director William Kelleher has acquired 54,400 shares at 91 pence each and now holds 4,467,694 stg, representing 3.87 pct.
In addition, director Kevin Foo has bought 32,000 shares at 93 pence each and now holds 2,946,944 shares, representing 2.55 pct.
EDAY
- 18 Jul 2006 16:13
- 969 of 2511
Borrowed Renaissance Capital Research Alert issued
:
Scale of resources largely unchanged. VOG also said today that an
updated DeGolyer & MacNaughton report confirmed 1bn boe of gross resources
for West Medvezhye. D&M had previously estimated that the other 26 identified
structures in the acreage could harbour prospective resources of 5.3 tcf (883mn
boe) of gas and 164mn bbls of liquids. The risked best estimate of these
resources is 1.0 tcf (168mn boe) and 31.5mn bbls.
Target price update. Excluding Danniella from the resource base barely
alters VOGs valuation. Based on Novateks 2010 EV/production rating, a
150 bcm prospect from which 4 bcm of gas production might be achieved is worth
an estimated and marked-to-market 3.74p/share today. This allows for the
funding gap to actually get there. Our mini-DCF still indicates that such an outturn is worth GBPp407/share.
The midpoint, 3.90, is our updated target price, up from 3.16 previously, mainly on account of Novateks recent performance.
Buy the weakness. While todays share price plunge is a stark reminder of
the risks associated with junior exploration plays, VOG seems to be pricing-in
failure at the current price of 1.05.
This represents around $6.5/bbl for VOGs 2P oil reserves in Kazakhstan. Hence, the very large gas upside now comes for "free". VOGs EV/resources of $0.20/boe is less than one-fifteenth of Novateks current EV/reserves multiple, so we see a good risk/reward here.
EDAY
- 18 Jul 2006 16:14
- 970 of 2511
a bounce from tomorrow?????
EDAY
- 18 Jul 2006 16:24
- 972 of 2511
i think that is obvious, hence the sp is now very very undervalued.
im amazed..
The GAS FIND comes in for FREE, i dont think anyone seriously grasped that...?!*!!
EDAY
- 18 Jul 2006 16:32
- 975 of 2511
soul trader, do what you want, Go short for all i care, i've had several emails from company over the months and im more than content. the material received is not price sensetive.
barclay
- 18 Jul 2006 23:18
- 977 of 2511
With all these new oil /gas wells, have any of them got a production date, maybe this is part of the trouble with this stock, investors want some certainty of near term cashflows.
Even the oil stocks that are producing are not being bought and are seriously undervalued; it is a pain in the arse, but to get out would be a big mistake
as i found out when i first sold NOP after losing patience, the stock doubled about a month later.
As long as the fundamentals are good we just have to put up with this frustrating market. I haven't invested in VOG but i know this stock is going to rocket one day.
EDAY
- 19 Jul 2006 00:16
- 978 of 2511
Soul no problem, apologies from myself also.
barclay, today was a good time to jump and wet that beak of yours with VOG,
At 72.% discount to the February 274p levels I think, realistically the fall is massively overdone, and a turnaround is as near as you can get. (full 2.00 discount to recent high).
What every thread and investorjon has been waiting for, start of a cool rally from tomorrow. If not it has to be very close.
The Upside is incredible from 80p.
skyhigh
- 21 Jul 2006 08:42
- 979 of 2511
Downside is incredible as well ! looks like it's going down... could see 50p or even 40p grim isn't it !
We need lots of exceptionally good news and quick or we're going to be drifting down further..