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
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..
skyhigh
- 21 Jul 2006 08:49
- 980 of 2511
Down and down we go !
Would like to think this is seen as a buying opportunity.. but not taking the risk this time... the last time was 170p when i thought it couldn't go down any further and then it dived big time!.... looks like there's still more drops to come.
bonfield
- 21 Jul 2006 09:38
- 981 of 2511
well it's still holding 80p from what I can see. There's a whole lotta shakin' goin on so don't know if it will hold out much longer, we shall see.
cynic
- 21 Jul 2006 14:14
- 982 of 2511
My (faulty) memory says, insofar as charts have any value, support should be around 84 and unless the break below is quickly corrected the next support is around 50
skyhigh
- 21 Jul 2006 14:51
- 983 of 2511
help ! Grim or what !
lizard
- 21 Jul 2006 16:00
- 984 of 2511
that just about goes for everything in my portfolio! skyhigh. mm getting it all their own way as usual. the only thing that can bugger them up is news.
cynic
- 21 Jul 2006 18:56
- 985 of 2511
sorry to be a prophet of gloom, but as i have mentioned elsewhere, the markets have been defying gravity and ignoring the gravity of the situation in M/E ...... i do not see any sustainable recovery, and probably just continuing falls until the lunatics come to their collective senses, though that will be some weeks of at best ...... it is certainly not impossible that a terrifying escalation is just waiting around the corner .... perhaps perversely, even gold has reacted $50 from its recent highs, so that may be worth a dabble if investing in something is irresistible (or Swiss francs?) ...... the charts for the indices are also worth a look insofar as they have an almost self-fulfilling logic to them.
cynic
- 21 Jul 2006 18:59
- 986 of 2511
interestingly, i note that NASDAQ 100 has again just hit an important support level at 1450 ...... may be worth buying for a bounce with a tight stop say no more than 10/15 points below and consider shorting anyway below 1450, with tight stops above.
skyhigh
- 24 Jul 2006 10:08
- 987 of 2511
Crikey! Good news this morning..in a nutshell...
Well 103 reaches top of first target horizon with gas shows encountered
* 2007 development plan to target best estimate gross prospective resources
of 680 million barrels of oil equivalent
It's grim no more !
capetown
- 24 Jul 2006 10:10
- 988 of 2511
I dont hold these but great news for all the holders that have suffered recent falls,
good luck
lizard
- 24 Jul 2006 10:20
- 989 of 2511
still a million miles off recent highs but a positive rns. bought more around 80p.
espaceman
- 24 Jul 2006 11:50
- 990 of 2511
i have some at 84p 86.5 and 98p , the majority at the lower prices , lets hope this keeps up momentum !
lizard
- 24 Jul 2006 12:05
- 991 of 2511
think of the poor buggers that bought at 240p mark?. i bought at higher levels than this but not as bad as that. if they can get it right???????. we should all do ok.
no more non commercial wells otherwise we are all f*****.
candolim
- 24 Jul 2006 22:11
- 992 of 2511
a bit of an unexpected result today out of the blue. I am still holding a large amount that I bought in may for 2.50 per share. I also increased my holding when they arrived at 1.0075p. If I had not got so many shares, I most definatley have bought some more at .80p. well done to those who have done. They may now be on a turn around in the other direction. shares can go up as quick as they can come down. lets be brave , and wait and see. good luck everyone.
Strawbs
- 24 Jul 2006 22:25
- 993 of 2511
Not sure if you'll see any big rises until things have been confirmed, but you might see a bounce if people have been shorting the stock. I don't know if the gas shows are significant, but I wouldn't want to risk being on the wrong side of a short if testing actually finds something. In my opinion anyway....
Hope you recover your losses soon.
Strawbs.
lizard
- 25 Jul 2006 11:41
- 995 of 2511
i am reasonably new to vog. but does anybody know the probabilities of other vog assets being commercial. the last news was not a good start?.