I posted a complimentary post to forest4032 praising his posting(s) and also praising the efforts of bigsmoke at 11:07. However my post has been Reported and subsequently removed from the board by someone that is logged in to London South East. There are fifteen LSE members currently logged into this board. Who reported my post to Admin ... but more to the point - why. Is it too much to hope for  that the LSE member responsible make themselves known? Is it too much to hope for  that Admin use discretionary powers and override sad folk? There are far too many (decent and honest) posts being reported and removed without any legitimate reason on this board. Be interesting to see if this post lasts ...??? N.Korea springs to mind ...!!!
Thank you for your 3 posts but these are all old news now and just what have they done for the sp so far, nothing. the only thing that counts now is what happens going forward and what faith /trust does the city and other investors have in Foo. Will we every get back to 80p or will we ever see £1.60 which many many investors need to get their money back.
Love watching this and imagining its tied to VOG seems unrealistic efficient for VOG, But they are slowly but surely
getting that way , Heres to more of the same
Installation Film on Genset Connections might need C&P
Petroleum Economist Recognises Victoria Oil and Gas as Energy Company of the Year (Small Cap)
Victoria Oil and Gas (AIM: VOG), a gas utility company with operations in the industrial port city of Douala in Cameroon, is pleased to announce its success at the 2015 Petroleum Economist Awards, held on 17th September 2015 in London.
VOG won the "Energy Company of the Year (Small Cap)" award.
VOG has been one of the few companies to successfully monetise gas in sub-Sahara Africa by developing the Logbaba gas field in Douala, Cameroon. It has done so with the full support of the Government of Cameroon and its partner RSM of Denver. Through its subsidiary Gaz du Cameroon it is delivering gas to thermal and power customers in the private sector and to grid power suppliers
This is our VOG theyre talking about and unbelievable where we are now
Victoria Oil & Gas Plc today provides a 2016 Operations Outlook for VOG and Gaz Du Cameroun S.A ("GDC") the Company's wholly-owned subsidiary and operator of the 60% owned Logbaba Gas Project in Cameroon. GDC has successfully developed the first industrial gas for sale into the Cameroon energy market and is now supplying a variety of different customers.
2015 was a successful year which saw GDC more than double 2014 production and become cash generative. GDC is beginning 2016 with average daily gas production rates in excess of 15mmscf/d and a primary objective to exceed 3.7 Bcf of annual production, which is a 30% increase over 2015 supply.
As a revenue generating, fully integrated gas utility, we are neither exploring for, nor producing oil as a primary product. We therefore believe we are well insulated from the turmoil in the oil market. GDC has maintained most customers at contract prices from $9 to $16 per mmbtu.
The key corporate and operational objectives for the Group for 2016 are to:
Enhance Production Capability
· Increase gas supply to customers by 30% over 2015 levels
· Successfully complete a two well drilling program for expansion of gas reserves
· Complete designs for increasing the gas treatment plant capacity to 40mmscf/d
Expand Customer Base for Increased Capacity
· Add over 13km to our pipeline network by building in new industrial areas such as Bonaberi and the Douala Port Area
· Progress new market products such as Compressed Natural Gas (CNG)
· Continue to reduce production and overhead costs across the Group YIPEE
· Consolidate our advantage as a fully integrated gas utility in Cameroon by actively seeking additional sources of gas via acquisition, joint ventures or corporate deals
· Fund capital projects through revenues, partner contributions and debt
· Expand business development efforts into other parts of Africa, leveraging the successful Cameroon model
· Distinguish the Groups business and operational successes from other companies in the oil and gas sector so that the Company attracts an appropriate equity market valuation
· Continue to enhance reporting, transparency and corporate governance
VOG Came of Age
VOG Chairman Kevin Foo said:
"In 2015, VOG came of age in terms of operational and financial performance. In 2016 we are focused on exceeding the record production we achieved last year. Despite the massive fall in the price of oil, GDC has protected its customer base and maintained its gas prices at $9 to $16/mmbtu, which reflects the true value and convenience of Natural Gas. We expect success from the two well drilling programme this year and are very focused on continuing to build the Group as a significant energy provider in Cameroon and beyond
Corporate objective 2016: "Distinguish the Groups business...so that the Company attracts an appropriate equity market valuation" and "In the first half of 2016, GDC proposes to finalise designs to expand the Logbaba gas processing plant to provide increased capacity." http://www.victoriaoilandgas.com/investors/news/2016-outlook.
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