Register
Login:
Share:
Email Facebook Twitter




Victoria Oil & Gas Share Chat (VOG)



Share Price: 34.00Bid: 33.50Ask: 34.50Change: -0.25 (-0.73%)Faller - Victoria Oil
Spread: 1.00Spread as %: 2.99%Open: 34.25High: 34.50Low: 33.50Yesterday’s Close: 34.25


Share Discussion for Victoria Oil & Gas


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


3cardbrag
Posts: 1,352
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (3)
banjo
Today 21:52
It's all very well slavishly cutting and pasting highlights, but the one highlight missing is even the slightest recovery in the SP from pretty much all time lows at a time when the company is supposedly in it's best ever financial position.
Bet you haven't got an answer for that one.
 
banjomick
Posts: 475
Off Topic
Opinion:No Opinion
Price:34.00
Highlights
Today 20:53
Highlights

� 13.04mmscf/d Q2 2016 average gas production (Q2 2015: 9.91 mmscf/d)

� 3% increase in gas sales to 1,151mmscf compared to Q2 2015 (1,120mmscf)

� Initial Logbaba exploration investment recouped by the Company's subsidiary, Gaz du Cameroun S.A. ("GDC") from 100% receipt of total revenues

o Logbaba's concession partner, RSM Production Corporation ("RSM"), will now receive 40% of revenue after netting off its 40% of ongoing development costs and operational expenses

� Q2 unaudited financial highlights:

o $12.5m revenue (Q1 2016: $12.8m)

o $13.9m cash position at quarter end (Q1 2016: $11.5m)

o $1.7m net cash position at quarter end (Q1 2016: $4.6m) *

� Logbaba Drilling Programme

o Site preparation completed

o 3 conductors driven

o Long lead items, including wellheads, casing, consumables and other equipment have arrived

o Drill rig arrived and offloaded at Douala port

o Assembly of the rig and camp at site underway

� Pipeline expansion progressing with 7km laid in the quarter

*Net cash is defined as cash equivalents less borrowings, where cash equivalents exceed borrowings.

http://www.victoriaoilandgas.com/investors/news/q2-2016-operations-update
**************************************************************************************
Victoria Oil & Gas Plc boss Kevin Foo cheers �a great quarter�
15:01 26 Jul 2016

�It has been a great quarter.� That�s the view of Kevin Foo, chairman of Victoria Oil & Gas plc (LON:VOG), which today revealed rising production and gas sales in its second quarter.

Additionally, the Cameroon based gas-firm turned local utility noted that it has now been recouped some 40% of its exploration expenditure on the Logbaba gas field from sales revenues.

Speaking to Proactive Investors Foo said the company has kept up its momentum and it continues to progress an expansion to new customers.

As well as the downstream progress, the VOG boss also talks about an upcoming drill programme which has big potential.
http://www.proactiveinvestors.co.uk/companies/stocktube/5320/victoria-oil-gas-plc-boss-kevin-foo-cheers-a-great-quarter-5320.html
https://www.youtube.com/watch?v=ucyE2hjPqyg
naks
Posts: 2,642
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (2)
RE: Re news
Today 19:45
If I was on that board I would not want the do to rise either none of them hold many shares and the one that does Mr Foo gets his money anyway. no incentive I am afraid
Gunner1
Posts: 4,097
Off Topic
Opinion:No Opinion
Price:34.00
Re news
Today 19:32
It is beginning to look that way IMHO !
JHenderson
Posts: 671
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (4)
RE: News
Today 19:21
"VOG is a revenue earning profitable company "

Yes, but only for BoD and not for the PI's.
aj99
Posts: 354
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (4)
every share is a punt -
Today 19:14
- or every egg is a bird? (to some).

''However VOG is a revenue earning profitable company''

However - unfortunately this cheery fact is not reflected in the (sp) Share Price - or in the
Monetary Returns to long suffering shareholders - such as dividends & etc.

WHEN was the last ever time it was possible to 'Top Slice' - (wait) - and 'Top Up'???
Long, long ago with any effect. Seriously ... (last century?) ''We aren't Playing the Game ...
the Game is Playing Us!''
Here's encouragement : (Lol)
http://citywire.co.uk/money/giles-hargreave-lessons-ive-learnt-investing-in-aim/a821263
ASBURYJUKES
Posts: 3,943
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (5)
madvoger
Today 19:01
Vog boss Kevin Foot cheers a great quarter.
Of course he did he's making a fortune from his royalties.
Now RSM are going to be happy so it's only the pi's not getting any benefit.
madvoger
Posts: 321
Answer
Opinion:Strong Buy
Price:34.00
RE: News
Today 18:58
JHenderson

Every share on AIM is a "punt". However VOG is a revenue earning profitable company unlike 95% of the dross on AIM.
JHenderson
Posts: 671
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (3)
RE: transparency
Today 18:54
There appears to be a substantial amount of Director changes recently.

That's a bit worrying, never mind, the head man is earning a good living from the loyalists.
Share price slipping away, now 0.83p old money. It's not been a lucrative purchase for many.
aj99
Posts: 354
Observation
Opinion:Hold
Price:34.00
transparency
Today 18:32
Annual accounts will show how much of the $26 Million has been used - and what on .....
..... so there - JHenderson. Ye of little faith - Lol
We have a new Finance Director now, don't-cha know?

I'm hopeless at accounts, so I think I'll get the Year End RNS printed and pay an Accountant
friend of mine to give 'em a ''good-going-over'' - call in a favour - Lol




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.