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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

not a very nice update is it ? sp dropped.

the city are WAITING on 103 still.
needs to be good otherwise the continuous slump will remain.

is this share ever likely to recover?

Yep your are correct Lizard we are waiting for an update on 103.

when's 103 announcement likely ?

for about the last week.

been told by george donne, well 103 results will be released early aug/mid aug.

So next week or the week after not too long now.

"Tony Porter, CEO of Victoria Oil & Gas, said today, "The well has so far been
producing at a rate of around 350 barrels per day, but we believe that this may
not be indicative of the potential hydrocarbon flow. This test is very important for the future exploration of the asset and achieving the best quality results possible is vital, even if this lengthens our testing period. An early thaw of the permafrost has frustrated our efforts to commence the test sooner, but we anticipate that the new test will prove more productive."

Waiting to see how productive this test will be!!

A bit of movement here oday - up - down; spread is getting thinner on 79 trades (!), is this a cear sign of imminent news on 103? PT - any TA analysis on this?
Thanks- Simon

chart is self-explanatory ...... yuk!!!!

A good article on VOG on the oilbarrel.com website (dated 25/7/07), outlining it's prospects.
Last para: "We reported at the end of May that Well 103 on the field was successfully perforated in the J2 Jurassic horizon between 3,794-3,799 metres earlier in the year with an initial flow rate of 350 barrels a day of condensate and light oil. But the well also produced water. The company believed the flow rates from the test might have been negatively affected by this water and so planned a second accelerated well test. This was expected to spud in June and take six to eight weeks."
So news should be due soon.

total chart novice - so would know what the chart says, the yuk! bit ....

Harry - and what would improved flow rates be 700 bpd..? and this woud then represent a better portfolio for them .... may be the charts don't lie then if I am to go by C analysis

very simple these charts ..... sp is at the bottom of its pit with no inclination to rally ..... 25+50 dma (daily moving average) are the red and green lines and are likely to pose some quite solid resistance unless the news is unexpectedly good ...... don't buy!

presently sitting on the old support at 38 (from mid 2005 ) little else to say except if it drops from where it is at the mo then its decision time

there is another support at 30

Thanks all - gd 2 talk, nearly dipped in the when the SP eased ...

Don't know the answer to that, sned.
VOG are underfunded & under resourced so these results are going to be critical to future plans. Anything under 500bpd is not going to impress the investors, imo. But often the sp goes up just on expectation with these companies so possibly worth a very speculative, high risk punt.

sned , its all sanity here now , you should have been around when they were going to find 10 trillion million barrels :-)))

hmm! at 350 bpd, now that would have been a waste IMHO

VOG have disappointed too many too often for too long ...... sp is unlikely to get carried away by hype and expectation ..... if by some fluke VOG come up with something approaching Eldorado, there will be plenty of time to jump in

If they come up with Eldorado they are going to be speechless, 'cos it aint the solid stuff they are after!!!:o)

so far they have come up with solid SHIT, so gold would make a change .... lol!