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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

And I bet you're all lower than me! Reckon I'll be dead before I break even!

could be worse you could be in IVE. i just swapped 800 to 137 just like that. Ouch!!
:(

ouuuuccccccccccccccccccchhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!!!!!!!

as a modest holder of BML, it looks as though i shall be rejoining the beleaguered holders of VOG! ..... de la poele au feu i suspect - lol!!

Vog are presenting in London this Thursday evening!

Click here for details and FREE registration

Update, click HERE

There's still life in the old "VOG" yet?

as an enforced holder (VOG took over BML) i shall be delighted if VOG eventually gets its act togther

The Board of Victoria Oil & Gas Plc (AIM:VOG), the AIM quoted oil and gas exploration company, is pleased to announce that the General Prosecutor of the Republic of Kazakhstan ('the General Prosecutor') has supported the Company's appeal against the claim made against its ownership of the Kemerkol oil field as previously announced on 25 April 2008.

The claim was lodged against VOG's subsidiary, Victoria Energy Central Asia LLP ('VECA'), disputing the valid transfer of the Kemerkol licence to VECA in 2005. The claim was made and initially upheld in the Economic Court of the Atyrau Oblast in Kazakhstan in March 2008. VOG has always maintained that the transfer was undertaken legally and has defended this position vigorously through the entire appeal process.

After assessing the particulars of the claim and VECA's subsequent appeals, the General Prosecutor has issued a formal letter of protest to the Supervisory Panel of the Atyrau Oblast Court demanding cancellation of the court decision. This will mean that, VOG's ownership of Kemerkol will be restored and the case will be sent back to the Economic Court for reconsideration.

The General Prosecutor has also insisted on an examination of certain matters relating to the validity of the claimant, which were previously disregarded by the Court.

Commenting on the General Prosecutor's support, Kevin Foo, Chairman of VOG, said today, 'The support of the General Prosecutor further endorses the legitimacy of our ownership of Kemerkol and we now expect the Courts to dismiss this fraudulent case and allow us to recommence activity at Kemerkol. We will provide further information in due course.'

great news!

Click HERE

Doh! .... that's yesterday's news as already posted above

Victoria Oil & Gas Plc was listed on the AIM Stock Exchange in July 2004 with the strategy of utilising its business experience and technical knowledge to identify, acquire and exploit oil and gas opportunities in the FSU.

Following a major investment in January 2008 by a consortium of Middle-Eastern investors through Noor Petroleum Limited, the Company will be assisted in its development programmes by Blackwatch Petroleum Services Limited and GeoDynamics Research s.r.l.

The Company has built a total estimated C1+C2 category reserve base of 35 million barrels of oil and prospective resources of over 1.1 billion barrels of oil equivalent.

The 1,224 square kilometre West Medvezhye field is located in the West Siberian basin and lies in close proximity to some of the Worlds largest gas and gas condensate fields. The licence for West Medvezhye is held by ZAO SeverGas-Invest (SGI), a wholly-owned subsidiary of Victoria.

Kemerkol lies in the Atyrau Oblast of Western Kazakhstan, close to a number of producing oil and gas fields. Victoria owns 100% of the 65 square kilometre Kemerkol licence which has oil reserves and resources of C1-8.7Mmbbl, C2-26.3 Mmbbl, C3-25.1 Mmbbl. First oil was produced from Kemerkol in early March 2006 and total production is currently around 300 400 barrels per day from two wells Well 20 and Well 73.

During 2008 the Company, closely advised by Blackwatch and GeoDynamics, will look to enhance production and revenues from the Kemerkol oil field with a short-term target of 1,000 barrels of oil per day whilst further assessing the next drilling location at West Medvezhye Well 105.

Victoria continues to seek further oil and gas opportunities as part of a policy of acquisitive growth.



Operations and Technology
Victoria Oil & Gas, which raised 9.7 million on its July 2004 admission to Londons Alternative Investment Market, has managed to establish a firm foothold in the oil- and gas-rich lands of the former Soviet Union. The oil and gas start-up accumulated the building blocks of this asset base in the summer of 2004, when it bought Celtic Petroleum, which owned the Tamdykol oil project in Kazakhstan. 2004 also saw the acquisition of Severgas-Invest (SGI), winning access to the Russian firms exploration and production rights over the 1,224 sq km West Medvezhye licence in the Yamal region of Siberia, one of the largest gas and condensate provinces in the world.

In 2005, in a bid to add some near-term production, the company bought the previously shut-in Kemerkol oilfield in Kazakhstan for US$8.5 million. Victoria secured first production from the field in March 2006 but plans to quickly ramp up production from around 50 bpd to 1,800 bpd were stalled by cash constraints. In 2007 the company drilled five new wells with mixed results and by the fourth quarter production was running at around 300 barrels per day. The company has initiated a review of the trap and seal mechanisms in the field, which should help fine-tune drilling locations for 2008. In April 2008, however, the company was rocked when the former licence owner applied to the Kazakh Energy Ministry to sell the asset to a third party. VOG believes the claim to be fraudulent and without justification and is preparing an appeal to the Kazakh Supreme Court.

The West Medvezhye field lies130 km west of Gazproms supergiant Orenjoy, which has cumulatively produced over 135 tcf of gas and 4.3 billion barrels of condensate. West Medvezhye itself is the southwest extension of the main Medvezhywe field, which has produced more than 52 tcf. The first well here, Well 104, was completed in August 2005 and independent consultants assigned the field a total hydrocarbon reserve tally of 1.1 billion barrels of oil equivalent. At the end of March 2008, the Russian authorities confirmed that test results from Well 103, drilled in 2007, meant the company had complied with the exploration licence terms, an event that is expected to trigger the award of an 18-year production licence. The Russia authorities gave Well 103 proven C1 and C2 reserves of 39.6 million barrel of oil in place with recoverable reserves of 11.9 million barrels of oil or 14.4 million barrels of oil equivalent when the gas is included. This calculation is based purely on the test data from the J2 horizon in Well 103. Significantly, Well 103 is just one of 25 prospects identified on the licence, with J2 being just one of six target horizons.

This project has the potential to be a company-maker but it is a giant resource, requiring substantial investment and manpower. It will also require commercial nous to monetize the gas. On this Victoria has made some promising progress, signing a framework agreement in November 2006 to supply around 15 bcf of gas a year for two years to a new 210 MW power station in Moscow. EnergoPromInvest (EPI) has the rights to build the power station in the Scherbinka suburb of Moscow, which is expected to be fully operational by the third quarter of 2009.

In January 2008 the company completed a 15.25 million placing and issuance of US$2 million loan notes. The funds were used to pay off existing date and simplify the companys capital structure. It is looking for additional acquisition opportunities in the region and also further afield to diversify outside the FSU. In September 2008, VOG announced it was in preliminary discussions to acquire AIM-quoted Bramlin Limited, which owns the 104 bcf Logbaba gas field onshore Cameroon, which could be onstream in late 2009. In October 2008, it announced a 12-month option agreement to acquire Cyprus-based Falcon Petroleum Limited, which has rights to vast tracts of under-explored acreage in Ethiopia and Mali.

Asian-focused Victoria Oil and Gas appears to have won a vital stage in its legal battle to secure the rights to the Kemerkol oil field in Kazakhstan after the country's General Prosecutor ruled that the claim against its ownership was invalid.

Subsidiary Victoria Energy Central Asia (VECA) was subjected to a rival claim which disputed the transfer of the Kemerkol licence area to Victoria in 2005. That rival claim was upheld by the Economic Court in the Atyrau Oblast (district) in Kazakksatan in March last year but now the state's General Prosecutor has issued a formal letter of protest to the Supervisory Panel of the Atyrau Oblast court demanding that the earlier decision is cancelled in the case.

Victoria says this means its ownership of the Kemerkol licence area will be restored, and the case referred back to the Economic Court for a new decision.

The support of the General Prosecutor is excellent news for VOG. Pending the affirmation of the companys ownership of Kemerkol, activity at the field can recommence, the company has stated.

Figures posted by Victoria suggest the Kemerkol licence area, covering 65 sq. km, contains between 8.7, 26.3 and 25.1 m bbl, based on the Russian C1 to C3 classification system.

This deposit of 65 square kilometre licence has oil reserves and resources of C1-8.7 Mmbbl, C2-26.3 Mmbbl, C3-25.1 Mmbbl.

Don't understand why oil bugs don't just buy BP and Shell rather than these little guys who have been screwed by the lack of credit for a year plus. Doesn't make sense to me.

thoroughly agree, but would add proven intermediate companies too.

"but would add proven intermediate companies too."

Certainly..re the last couple of days.

EO.
cyril

Lift-off this morning!

"Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration company with assets in Cameroon and FSU is pleased to announce that it has raised 5.7 million by way of a SEDA facility and an equity placing.

Victoria Oil & Gas will utilise the funds at the Logbaba project in Cameroon. A drill rig has been secured and the first well at Logbaba is due to be spudded mid year. In addition the exploration license for Logbaba has been extended by the Government until 26 August 2009.

Application will be made to the London Stock Exchange for the Placing Shares and the Fee Shares to be admitted to trading on AIM. It is expected that admission will become effective and that trading will commence on 8 April 2009.

The issue of new ordinary shares represent 7.0% per cent of the existing issued share capital of the Company."

What's this ? good news for a change !...Jam tomorrow with pos+ cashflow 2010..still fot it all to do but it's better than the usual nothing

RNS Number : 9841P
Victoria Oil & Gas PLC
02 April 2009

?


Victoria Oil & Gas Plc


('Victoria Oil & Gas' or 'the Company')


(AIM: VOG)


Victoria Oil & Gas Secures Funding Package for approximately GBP5.7m


* Victoria Oil & Gas completes a GBP5m SEDA facility with Yorkville Advisors and
an Equity Placing of GBP675,000 before expenses
* Drill rig secured and exploration license extension granted until August 26 2009



Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration company with
assets in Cameroon and FSU is pleased to announce that it has raised GBP5.7
million by way of a SEDA facility and an equity placing.


The Company has entered into a GBP5,000,000 Standby Equity Distribution
Agreement ('SEDA') with YA Global Master SPV Limited who was advised by
Yorkville Advisors, LLC. The SEDA enables the Company, at its discretion during
the next 2 years, to draw down funds under the SEDA in tranches as and when it
deems appropriate and in accordance with restrictions set by the terms of the
Agreement.


In addition the Company has placed 22,500,000 ordinary shares ('the Placing
Shares') at a price of 3 pence each ('Placing Price') (together, 'the Placing')
for gross proceeds of GBP675,000 through Fox-Davies Capital Limited ('FDC'). A
further 8,968,115 ordinary shares will also be issued to advisers and service
providers in lieu of cash payments ("Fee Shares")


Victoria Oil & Gas will utilise the funds at the Logbaba project in Cameroon. A
drill rig has been secured and the first well at Logbaba is due to be spudded
mid year. In addition the exploration license for Logbaba has been extended by
the Government until 26 August 2009.


Application will be made to the London Stock Exchange for the Placing Shares and
the Fee Shares to be admitted to trading on AIM. It is expected that admission
will become effective and that trading will commence on 8 April 2009.


The issue of new ordinary shares represent 7.0% per cent of the existing issued
share capital of the Company. Following the admission of the new ordinary shares
to trading on AIM, the Company will have 479,096,232 ordinary shares in
issue.The new ordinary shares will rank pari passu in all respects with the
existing Ordinary Shares.


Victoria Oil & Gas's Chairman Kevin Foo commented: "Raising almost GBP6 million
in these difficult markets is an endorsement of the potential of the company and
its projects. These funds, along with the support of our largest shareholders,
Noor Petroleum will allow us to accelerate development of Logbaba. With existing
off take arrangements in place with a number of industrial consumers in
Cameroon, VOG expects first production later this year and positive cash flow in
early 2010."


!