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
cynic
- 25 Apr 2008 11:36
- 1861 of 2511
ouch!
out of curiosity, why did you not bite the bullet ages ago and put your dosh somewhere with better and more immediate prospects?
scotinvestor
- 25 Apr 2008 11:47
- 1862 of 2511
i topped up at 80p in past to make it 115p.
i cant remember when it crashed a bit further......but i suppose selling to lose several thousands hurts too much so now its many thousands! ouch as u say cynic....however it aint a loss until i sell. i lost on paper similar amount few years ago....i held share for 5 years in total and now breaking even.....so in effect its almost as though i've gained as if you say sell out to buy sometyhing else which may not go well either as theres no guarantee anymore
HARRYCAT
- 01 Jul 2008 08:29
- 1863 of 2511
"West Medvezhye
The Company has received a certificate from the Russian Ministry of Natural Resources confirming registration of a discovery at the West Med field for Well 103. This certificate completes the requirements for conversion of the West Med exploration licence into its 20 year production phase.
Exploration around the location of the next target, Well 105, is continuing with a reinterpretation of the existing seismic and the new data obtained from the drilling of Well 103 being undertaken by local geological institute SibNats. A geochemical survey has also been completed to evaluate further potential target areas around the location of Well 103. This new exploratory data will be combined with a Geospectra IPDS passive seismic survey to be attempted by GeoDynamics Research when the conditions allow.
Commenting today, Chairman Kevin Foo said, 'This official certification confirms the recognition of Victoria's successful fulfilment of its exploration licence obligations for West Med by the Russian authorities. The initial work by the local geological institute has revealed some intriguing new potential close to Well 103 and so we look forward to GeoDynamics' further appraisal.'
Kemerkol
Victoria's Kazakh subsidiary, Victoria Energy Central Asia LLP ('VECA'), has temporarily suspended production from Kemerkol pending resolution of the legal claim against VECA, which was reported in the Company's announcement on 25 April 2008.
The Board of Victoria would like to stress to shareholders that the claim against VECA is, in the opinion of the Company and its Kazakh legal advisors, without any justification. A vigorous defence of VECA's rights is being conducted with the full knowledge of the regulatory authorities and the illegal nature of this attack has been highlighted."
skyhigh
- 01 Jul 2008 09:20
- 1864 of 2511
It's grim....
required field
- 01 Jul 2008 09:55
- 1865 of 2511
What a mess....can't see this doing anything for some time.....fund raising probably needed again...!
required field
- 01 Jul 2008 10:29
- 1866 of 2511
Even Tanfield looks better than this....5p possibly...no production.....court cases....fund raising possibly again....and when are they going to drill ? 2009 (at the earliest).....!.
janetbennison
- 28 Aug 2008 19:06
- 1867 of 2511
are any of you still in victoria oil and gas, and if you are they are taking forever to resolve this ongoing court case. what do you think?
cynic
- 28 Aug 2008 20:31
- 1868 of 2511
shall resist the temptation to return compliments to scottinvestor, tho it is surprising how often what goes around comes around.
janet - i am sorry to see you so badly burnt (again)
janetbennison
- 28 Aug 2008 21:34
- 1869 of 2511
same old story. I am pleased to hear from you, and I hope you are doing well.
cynic
- 28 Aug 2008 21:39
- 1870 of 2511
many thanks ..... slowly recovering from a bad mauling a couple of months back.
janetbennison
- 28 Aug 2008 22:28
- 1871 of 2511
do you work with animals richard and if you do which breed of animal mauled you. I believe this would have been extremely frightening especially if by a lion or tiger. I hope you are now well.
scotinvestor
- 29 Aug 2008 03:33
- 1872 of 2511
who is richard?
hi cynic.....u have short memory
cynic - 08 Jun 2006 13:32 - 708 of 1871
scot ...... 130 on the basis of what? ..... and if 130, why not just 30?
i was only person downgrading sp at that time and being lambasted for it especially by you.........not sure why u r bringing up sp now as its been quiet for long time.
good luck on your other shares anyway, cynic.........and quick recovery from that nasty lion by all accounts according to janet
cynic
- 29 Aug 2008 08:32
- 1873 of 2511
more recently - i.e. 25/4/08 - i topped up at 80p in past to make it 115p ... now i wonder who wrote that?
and of course if that same smart investor (whoops! - did i nearly write smartarse? surely not) was so prescient, why did he not at the very least lock in some/all of his profits instead of watching in stupefaction as his then-millions vortexed down the drain?
scotinvestor
- 29 Aug 2008 11:38
- 1874 of 2511
i never made profits on this cynic......i eventually took everyone advice on this....including yours i hasten to add.....as i was only one here who wasnt bullish on it and with everyone like you etc all extremely bullish i decided that not everyone could be wrong...last time i will buy on peoples opinions again...anyway as soon as i bought, it fell a bit, drifted, fell etc.
anyway good luck on your other shares......i hope they recover.....well done on iec by the way
cynic
- 29 Aug 2008 11:49
- 1875 of 2511
thank you ...... bought PFC this morning as well as SHP ...... am quite tempted by ASC but can't work out fair price for that one
required field
- 25 Sep 2008 08:41
- 1876 of 2511
What on earth is this company up to : they have not got their own house in order......never mind bidding for a company in Africa.....2p target ?.
WOODIE
- 25 Sep 2008 08:46
- 1877 of 2511
it stinks foo is on the board of both companies.
required field
- 25 Sep 2008 08:52
- 1878 of 2511
Very fishy that's for sure.....this company is not exactly Tullow oil or Addax petroleum who can afford to be spread out across the globe !.
cynic
- 25 Sep 2008 08:56
- 1879 of 2511
they are also looking to buy BML, unless that is the company you mean .... if so, that is not an African company, but one (from memory) with whom they are working to develop a current VOG site
WOODIE
- 25 Sep 2008 08:58
- 1880 of 2511
cynic yes same one foo on both boards bml & vog.