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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Victoria Oil & Gas Share Chat (VOG)



Share Price: 71.50Bid: 58.00Ask: 75.00Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: 17.00Spread as %: 29.31%Open: 69.50High: 0.00Low: 0.00Yesterday’s Close: 71.50


Share Discussion for Victoria Oil & Gas


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SpaceHoppa
Posts: 2,504
Off Topic
Opinion:No Opinion
Price:71.50
RE: BLVN
Mon 21:48
Mr Nostromo
thank you for the snh link!
With just a quick read of Section 35, it seems charges for gas transportation is rightly covered in regulation. Access to infrastructure can not be unreasonably denied, charges for use are covered as well.
I also note that use of the network by other parties are subject to capacity availability
Good information, I shall digest at leisure.
 
3cardbrag
Posts: 2,085
Off Topic
Opinion:No Opinion
Price:71.50
naks re 20.55
Mon 21:36
Sounds reasonable until you factor in that Mr Foo will be doing the negotiating. In my experience, turkeys tend not to vote for Christmas
JRich20020
Posts: 398
Observation
Opinion:No Opinion
Price:71.50
RE: BLVN
Mon 21:34
Having read the BLVN document about the forthcoming meeting my understanding is if COC gain control they plan to divest BLVN of Bomono. Maybe VOG simply have to sit tight and wait to pick up another asset. Cam gov see them as a safe pair of hands and would, I imagine, be only too happy to rubber stamp such a deal and grant an exploitation licence. They can't be happy about the current state of affairs.
Victoryv
Posts: 31
Off Topic
Opinion:No Opinion
Price:71.50
Moljen
Mon 21:32
Great post
nostromo
Posts: 44
Off Topic
Opinion:No Opinion
Price:71.50
RE: BLVN
Mon 21:31
Mr Space - agree, but may I draw your attention to Section 35 of the 2012 Cameroon Gas Code. SNH have quite recently made this available via their website. Besides Section 35, there are a few other sections that are pertinent to VOG shareholders.

http://www.snh.cm/ReglementationDesHydrocarbures/Gas-Code-in-English.pdf

Regards

kyc
SpaceHoppa
Posts: 2,504
Off Topic
Opinion:No Opinion
Price:71.50
RE: The only way blvn
Mon 21:25
Mr Naks, for Mr Foo to give up his indirect royalty
the Vog directors, especially the non-execs
need to reminded of the conflict of interest
& perhaps votes against the company used at the AGM!
However, I can't think of a company decision that was to Mr Foo's royalty benefit
over investors benefits,
but investors would still be better served to see the conflict removed
SpaceHoppa
Posts: 2,504
Off Topic
Opinion:No Opinion
Price:71.50
RE: BLVN
Mon 21:14
Blvn are in a weak negotiating position over Bonomo
they have no outlet for their gas
Vog do, & do not need Blvn
however we should be open to a good deal
naks
Posts: 2,870
Off Topic
Opinion:No Opinion
Price:71.50
RE: BLVN
Mon 21:14
Oh definitely we could not entertain any blvn board members too costly we have been through enough.
naks
Posts: 2,870
Off Topic
Opinion:No Opinion
Price:71.50
RE: The only way blvn
Mon 21:13
Space I can't see it either but it's what I want I truly believe if that royalties issue was gone iis would be piling in
Moljen
Posts: 634
Off Topic
Opinion:No Opinion
Price:71.50
RE: BLVN
Mon 21:07
obvious error meant KF has done some business




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