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
- 26 Jan 2006 08:22
- 321 of 2511
Somebody on the iii thread's taken the time to post this lot...thought it would be useful over here as well....
The Times:
Smaller stock to watch
Victoria Oil & Gas, the oil and gas developer focused on the former Soviet Union, rose 81p to 227p after an independent analysis of its reserves on a project in Western Siberia. A report by DeGolyer & MacNaughton, the independent reserve auditors, concluded that the companys West Medvezhye project had prospective recoverable resources of 5,500 billion cubic feet of gas, 146 barrels of gas condensate and 25 million barrels of oil. The companys last feasibility study was conducted in December 2001.
========================
The Times Again:
Further down the market, punters' favourite Victoria Oil & Gas soared 88p to 234.5p after it published a feasibility study on its main prospect in Siberia. The company's West Medvezhye license block has potential to contain recoverable hydrocarbon resources of around 1.1 billion barrels of oil equivalent, it said
=========================
The Telegraph:
"The show-stealer of the day in terms of sheer percentage gains proved to be Aim-listed energy group Victoria Oil & Gas, which shot up 60pc or 88 to 234p after an oil field update. An independent feasibility study showed the company can expect to extract the equivalent of 1.1billion barrels of oil equivalent from its West Medvezhye project."
===========================
Ft::
"Among the smaller companies, Victoria Oil & Gas surged 60.1 per cent to 234p as an updated independent feasibility study into its wells at West Medvezhye in Siberia found it had 5.5 trillion cubic feet of gas, 11 times the initial estimate in November and, according to analysts, enough to satisfy UK gas demand for eighteen months.
The study also found the site had around 1.1bn barrels of oil equivalent, while traders speculated that the company was planning to purchase further exploration licences through a mixture of cash and shares."
=========================
The Guardian:
"Victoria Oil & Gas was the standout small cap feature. Its shares surged 88p, or 60%, to 234.5p after the exploration company revealed that an independent audit of its West Siberian prospect had showed it contained 5.5 trillion cubic feet of recoverable gas. Ambrian Research responded to that news by reiterating its buy recommendation and setting a 307p target price. Celtic Resources, which owns 6% of Victoria, improved 1p to 212.5p."
============================
The Independant
"Risky Russian operations cast doubt on Victoria
Shares in Victoria Oil and Gas soared 60 per cent, or 88p, to 234.5p, yesterday after the explorer said its West Medvezhye prospect in Siberia is a lot bigger than originally thought.
The independent reserve auditors DeGolyer & MacNaughton indicated that the group's site contains 5.5 trillion cubic feet of gas, 146 million barrels of gas condensate and 25 million barrels of oil.
To give readers an idea of just how significant in size this find really is - it is enough to satisfy the UK's gas-energy needs for 18 months. And there is a possibility Victoria will once again upgrade the size of its deposit.
The West Medvezhye project is not the company's only asset. It has an oil field in Kazakhstan which boasts 60 million barrels of oil valued conservatively at $200m (112m). The site is forecast to start generating cash by the end of March.
Victoria raised 13m at 78p last month to fund its development, and says it will not need to come back to the market for more money in the foreseeable future. After yesterday's share-price rise, the company is worth about 230m and, given the asset it has in Kazakhstan and the potential of its Siberia prospect, this is a conservative valuation.
Victoria faces significant risks by operating in Russia. One of the biggest is its reliance on Gazprom, the state energy company, to transport its gas reserves to market. At present, Victoria has the support of the giant, which stands to make a tidy profit from transporting the group's gas through
DIRAJ
- 26 Jan 2006 09:41
- 322 of 2511
After this article in Independent News is it still worth buying?
porky
- 26 Jan 2006 10:22
- 323 of 2511
Oilbarrel has a very upbeat article with the proviso for investors not to get carried away, and perhaps wait for the drill bit to confirm the extent of the finds.
Cheers.
Aerotus
- 26 Jan 2006 10:29
- 324 of 2511
Papal - I don't have access to advfn from work anymore. Would be very grateful if you could post any of the really important posts here ie: Zengas's, 9tintin and yours.
Thanks very much and long live VOG!
PapalPower
- 26 Jan 2006 11:11
- 325 of 2511
Aerotus generally quiet today on AFN, I think most of what was said was said yesterday, nobody repeating themselves today.
I think the MM's gained control when the bid was 245 to 247p, where the rise choked today, they took a lot of sells there, and now are in control of the price.
Does not matter, keep holding and adding on weakness, more news is not far away, Kemerkol and Well 104.
blinger
- 26 Jan 2006 11:19
- 326 of 2511
this is due for a HUGE retracement, I am short down to minus 100 pts.
hlyeo98
- 26 Jan 2006 11:23
- 327 of 2511
You are dreaming, blinger!
Aerotus
- 26 Jan 2006 11:30
- 328 of 2511
LOL Blinger.
Poor guy...
blinger
- 26 Jan 2006 11:31
- 329 of 2511
lol dreaming of what? the share price as it weakens?, it may well rise again in the long term, but this is too juicy a rise for profit-takers to ignore short term
g`luck.
blinger
- 26 Jan 2006 15:17
- 330 of 2511
there goes the dream then -DOWN.
Aerotus
- 26 Jan 2006 15:20
- 331 of 2511
SELL SELL SELL ARGHHHH!!!
ellio
- 26 Jan 2006 15:30
- 332 of 2511
Time to top up more like, this is heading for 300p, see my earlier posts, I have said repeatedly this is one of a very few multi baggers and even better the rise is justified.
Aerotus
- 26 Jan 2006 15:45
- 333 of 2511
LOL!!!!!!!!!
tony727 - 12 Jan 2006 15:53 - 279 of 332
Bank profits quick this on the way down to 100p me things
hlyeo98
- 26 Jan 2006 17:00
- 334 of 2511
Huge buys at the end of the day. We will see which direction it moves tomorrow.
Kivver
- 26 Jan 2006 17:11
- 335 of 2511
some of those trades were broker to broker.
blinger
- 26 Jan 2006 19:25
- 336 of 2511
From a better informed bb, someone calculated a rubbish fig. for the share price value-____________
4.7 a share?
On what basis?
Always read the small print ( my bold italics in the RNS)
*****
"According to the study, around 5.5 trln cubic feet of gas, 146 mln barrels of gas condensate, and 25 mln barrels of oil COULD be recovered from the field.
'These estimated prospective recoverable resources are DEPENDANT ON SUCCESSFUL DISCOVERY AND DEVELOPMENT OF THE PROSPECTS EVALUED,' the company said in a statement.
Many a slip between cup and lip, as the share price indicates today,
---------
and back to the level it was last week, soon, after the news is digested.
niceonecyril
- 26 Jan 2006 20:05
- 337 of 2511
Time 16;52;47. 235.631p 1725000 4,064,631
Can't wait for tomorrows opening.
cyril
blinger
- 26 Jan 2006 21:38
- 338 of 2511
poor old Cyril, long VOG, ah well someone has to be a loser so we winners can win, sorry cyril!!!
niceonecyril
- 27 Jan 2006 09:07
- 339 of 2511
Poor old cyril?
mmm, just look at the start date for this thread, 24/07/05.
Now check your chart, 45p .
Now look at IEC 13/07/05 Less than 3 now 5.72p to sell.
Think the proofs in the pudding.
cyril
hlyeo98
- 29 Jan 2006 09:31
- 340 of 2511
I think there will be more upside next week