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Share Views Episode 4: Mid & Large Caps with Chris Bailey


Victoria Oil & Gas Share Chat (VOG)



Share Price: 37.00Bid: 37.00Ask: 37.75Change: -0.75 (-1.99%)Faller - Victoria Oil
Spread: 0.75Spread as %: 2.03%Open: 38.00High: 38.00Low: 37.00Yesterday’s Close: 37.75


Share Discussion for Victoria Oil & Gas


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JRich20020
Posts: 363
Observation
Opinion:No Opinion
Price:37.00
RE: RSM- Jack Grynberg
Today 19:32
Interesting articles. The case being brought in Texas is for breach of contract. Not sure how this relates to drilling costs.

More interesting is the St Lucia article. Looks like Jack is strapped for cash. See the comment about 'financial resources are limited'
 
banjomick
Posts: 582
Off Topic
Opinion:No Opinion
Price:37.00
RE: RSM- Jack Grynberg
Today 19:31
He's a busy bloke!

Texas jury awards 1.5 million dollars to mineral rights owner
Posted on May 18, 2016 by admin

A Harris County, Texas jury awarded $1.5 million to Jack Grynberg and his family, finding that Exxon Mobil did not act in good faith in determining the mineral royalties the company owed him.
http://www.seonewswire.net/2016/05/texas-jury-awards-1-5-million-dollars-to-mineral-rights-owner/
banjomick
Posts: 582
Off Topic
Opinion:No Opinion
Price:37.00
RE: RSM- Jack Grynberg
Today 19:18
I wonder if it's related to this somehow?

R.S.M. Must Put Up $ Security
By: Micah George  August 8, 2016

http://thevoiceslu.com/2016/08/r-s-m-must-put-security/

Will Chastanet Shed New Light On Oilberg? ICSID DELIVERS GRYNBERG VERDICT!
Written by Rick Wayne | August 6, 2016

https://stluciastar.com/will-chastanet-shed-new-light-on-oilberg-icsid-delivers-grynberg-verdict/
banjomick
Posts: 582
Off Topic
Opinion:No Opinion
Price:37.00
RSM- Jack Grynberg
Today 19:15
6 June 2016- Report & Accounts December 2015

Increased revenues during the period enabled GDC to build on our relationship with BGFIBank and the $26 million debt facility for GDC announced post-period end is a result of this. This facility, coupled with GDC’s share of revenue generated and contributions from our 40% partner in the Logbaba project, is expected, at this stage, to enable GDC to complete the 2016 capital expansion programme without recourse to any equity funding.

The Group’s reserves and resources at 31 December 2015 are as follows:

Logbaba Reserves

VOG is the operator of the 20km2 Logbaba Block and holds a 60% participating interest, through its wholly-owned subsidiary GDC, and RSM holds the remaining 40% participating interest.

http://www.victoriaoilandgas.com/sites/default/files/160531%20VOGAR%20DEC15_WEB_2.pdf

13 April 2016- US$26m Debt Facility to Support Logbaba Expansion

It is the Company’s objective to fund the Logbaba development through operating revenues and capital contributions from GDC and RSM Production Corporation, our 40% partner. The facility announced today provides more than sufficient financing for GDC to fund its share of the production expansion programme.
slicklee
Posts: 133
Off Topic
Opinion:No Opinion
Price:37.00
case filed 29th july?
Today 18:31
so why dont we know ?
sage
Posts: 53,209
Off Topic
Opinion:No Opinion
Price:37.00
re
Today 18:07
grimm..is he still alive?..blimey..
maisydaisy
Posts: 1,504
Off Topic
Opinion:No Opinion
Price:37.00
A waiting game
Today 18:03
Can't see RSM not having to pay up. Rig on site and ready, so assume vog will spud as planned, and wait for RSM to go through courts, and then pay up. I believe RSM now getting profit cut from vog, so will be interested if vog don't pay up for a bit! Given RSMs way of litigating, maybe it is protecting vog from any takeover.
bornagain
Posts: 400
Off Topic
Opinion:Strong Buy
Price:37.00
View Thread (2)
RE: Re Grimm
Today 17:09
maybe tomorrow morning we will get an RNS, a few sizable sells the last hour today , who knows whats going on , certainly not us, in the last round of court battles GRIMM CERTAINLY DIDN,T COME OUT A WINNER, could it be sour grapes ?
Gunner1
Posts: 4,108
Off Topic
Opinion:No Opinion
Price:37.00
Re Grimm
Today 17:01
I think we are all forgetting one thing ...it is price sensitive info and surely if this was true then SH would have had an RNS informing us of the circumstances, but we have not so it must be fluff ? ...no ? aimho !
bigsmoke
Posts: 1,412
Off Topic
Opinion:No Opinion
Price:37.00
View Thread (2)
RE: Grimm
Today 16:53
As bogus as certain poster's usernames.
Why did he not sue re CHL or sue re the "inflated" wages. I mean, we have had our ears bled over these issues for the last 18 months or so. Noooooo, he has considered that all fair. He chooses the (pre-approved??) drilling costs which no one posted any concern about on here.




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