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Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Victoria Oil & Gas Share Chat (VOG)



Share Price: 60.00Bid: 59.25Ask: 60.75Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: 1.50Spread as %: 2.53%Open: 55.00High: 60.00Low: 52.00Yesterday’s Close: 60.00


Share Discussion for Victoria Oil & Gas


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3cardbrag
Posts: 2,188
Off Topic
Opinion:No Opinion
Price:60.00
Sloth drilling
Sat 23:09
Sorry Space but it just doesn't add up for me. The 125m gas pay was encountered between 1670m and 2702m and would easily have been enough to satisfy our need for sufficient gas to renew contract and take on additional power station. We continued to drill past that and then suffered the well problem which has cost another 8 million on top of the other extra 8 million on top of the already very high drill costs. Following on from the lightning strike delays, this has caused another long delay which will result in more lost revenues this year. Quite apart from whether or not this Savannah outfit should be shouldering some of the blame/costs, one has to wonder if perhaps VOG have been a little too blinkered in the way this has been carried out. I also wonder where funds will come from if another problem arises. Certainly not from cashflow looking at the latest update.
 
Gunner1
Posts: 4,385
Off Topic
Opinion:No Opinion
Price:60.00
Below
Sat 22:08
Should read jees bloody pre text !
Gunner1
Posts: 4,385
Off Topic
Opinion:No Opinion
Price:60.00
Getting annoyed with Foo n dik
Sat 22:07
350 mill spent and mc 70 mill, not time to be patting our backs ...way overdue is getting the sp to a half decent value and they always put a stopper on it ....unhappy gunner for the time being ...Jews when will they sort it out ! Carrot after carrot dangled and never can quite crunch the bloody thing !
SpaceHoppa
Posts: 2,661
Off Topic
Opinion:No Opinion
Price:60.00
RE: Re Sloth drilling
Sat 09:37
Mr Brag, it could be the stuck pipe was in the pay zone sections
so they simply need to re drill the same
It could be Vog want to see what is in the lower formations
so they can book more 3P, or move 3P to proven??
I want to know what is in the lower formations
& if we can afford to do that this drill, I guess we should
bigsmoke
Posts: 3,774
Off Topic
Opinion:No Opinion
Price:60.00
RE: Troutman re KF interview
Sat 07:32
blah blah blah, Kev. years of slippage.

which one of you is andrew scott? ask some decent questions why don't you.
oldtimer
Posts: 3,744
Observation
Opinion:No Opinion
Price:60.00
interview
Sat 06:34
Also in the interview Foo says that it will be another 3 months before the power contract will be signed, plus when all the fields are up and running we should be looking at selling 100m scuffs by about 2020-2022. So still a long way to go before we make real money.
Foo was clearly getting carried away with confidence and almost grinning at what he has achieved in this interview and as shown here he sometimes in these interviews lets little bits of information slip before he really wants to.
3cardbrag
Posts: 2,188
Off Topic
Opinion:No Opinion
Price:60.00
Re Sloth drilling
Sat 00:12
Space - I know I've raised it a couple of times before but I remain at a loss to understand why, when we have already hit a massive 125m payload, we have to continue drilling, at big cost overruns and apparent risk of formation damage at a slow and cautious pace, unsettling investors and market alike. Why risk it? Why not just stop when we've already got there? Unless .........!
SpaceHoppa
Posts: 2,661
Off Topic
Opinion:No Opinion
Price:60.00
RE: SLAM DUNK
Fri 21:17
Yes Mr Big, first post
I like to absorb the company periodic reports at leisure
& watch & read the market & blogger reactions
Mixed bag Rns in my opinion
I do not like, & never have, the sloth drilling
however the ''potential'' of increased gas supply & production facilities
was mentioned a few times.
Just get the wells completed!!
SpaceHoppa
Posts: 2,661
Off Topic
Opinion:No Opinion
Price:60.00
RE: Troutman re KF interview
Fri 21:08
Indeed Mr Brag
I don't think he mentioned a three years contract for no reason.
That, to me, seems the time frame of the next contract
assuming Vog ever complete the drilling!!
3cardbrag
Posts: 2,188
Off Topic
Opinion:No Opinion
Price:60.00
Troutman re KF interview
Fri 18:32
Interesting to note that KF seems very focused only on a 3 year renewal




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