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Victoria Oil & Gas Share Chat (VOG)



Share Price: 52.50Bid: 51.50Ask: 53.50Change: -3.50 (-6.25%)Faller - Victoria Oil
Spread: 2.00Spread as %: 3.88%Open: 55.00High: 55.00Low: 50.00Yesterday’s Close: 56.00


Share Discussion for Victoria Oil (VOG)


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GozoMike
Posts: 282
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (4)
Drilling next year
10 Nov '14
We will need expertise to do the drilling , possibly from our inhouse drilling expert KF and his Company CHL, but dont forget that VOG bought the drilling equipment from the previous contractors for $1 million when we bought out their share of the royalties for a further $5 million. This time CHL, or whoever, should be paid for the drilling and not get royalties at all. In my opinion. Anyway that will not be until next year this time when VOG have loads of cash in the bank.
 
Dave_kdc
Posts: 1,370
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (4)
RE: Grimm
10 Nov '14
The power stations are not a given - As far as I understand it's all still being negotiated.

So we'll what comes of that.
LOGGYBOG
Posts: 160
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.36
View Thread (8)
RE: Negative shareholders
10 Nov '14
Thoughts of the Loggybog, can't think anything on BB like this have any effect on the COM/SP at all, Also the consol do's not alter the basic running/state of the COM only makes the SP more atractive to larger SH/FUNDS ect.
Also some comy's with lots of small SH like people on this BB?, have been known to get rid of them by making a base share holding effective after consol, not saying VOG will do this, just another thought anyway DYOR ect.
keith1
Posts: 1,978
Off Topic
Opinion:No Opinion
Price:1.36
rodlin
10 Nov '14
spot on re speculation
if you had a pound for every speculation on here
in the last five years
you would be more than a millionair
atb
rodlin
Posts: 2,442
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (4)
RE: Grimm
10 Nov '14
To me there is no point in speculating as the outcome of the audit. We'll get to know sooner or later.
SpaceHoppa
Posts: 833
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (4)
RE: Grimm
10 Nov '14
I think some guys are way over optimistic about an Rsm payment. He paid $4m as per the Arbitration, then paid an agreed $16m out of the $26m requested, then Rsm & Vog when for an audit. Vog did say they ''might ''have to pay Rsm back if that is what the findings declare. So the disputed extra $10m can not be taken for granted by any means!!

So that leaves us with Rsms 40% share of costs for this year, if Vog have spent $20m, then Rsm will, if they have not paid anything so far, pay $8m. If they have been paying cash calls, then we are down to what the audit says & that is at the very most $10m!!
lutonnews
Posts: 2,660
Off Topic
Opinion:No Opinion
Price:1.40
View Thread (4)
Grimm
10 Nov '14
Before Grimms interim payment Vogs bill for his share of operational costs was $24,044,870 plus $1,997,600 Jan 2014 advance.
I wonder how much VOG think he owes us by now?.
Hard to make a guess in any degree of accuracy how much we will receive extra after the initial interim payment or indeed if we will have to pay any monies back.
But for definite he will have to hand a lot of Wonga over at sometime for his agreed % of operational costs due.
With the MCap currently only languishing around the £60M mark surely a decent pay out from Grimm along with the expectation of considerably more in due course will help greatly toward having a positive effect on the SP.
With extra income from all of the next batch of thermal customers along with the dosh which will be generated from the power stations and also the reduction in operational costs once the gas processing plant has been purchased there should be enough reason for a decent hike in the SP .
Some of the figures we cant work out due to lack of realistic variables such as how much income for gas to power stations, but there are some that we can as an example the revenue from the condensate. .
Re the MCap , imo double bubble in a relatively short time is a distinct possibility.
rodlin
Posts: 2,442
Off Topic
Opinion:No Opinion
Price:1.40
View Thread (6)
RE: North side hook ups
10 Nov '14
Meant to add. Hydraulic testing is more for testing the integrity of the pipework, whereas pneumatic is more for detecting leaks at flanges and joints etc.
rodlin
Posts: 2,442
Off Topic
Opinion:No Opinion
Price:1.40
View Thread (6)
RE: North side hook ups
10 Nov '14
'do you know what hydraulics do?'
Some one stated earlier. It's much safer than pneumatic. If there's a catastrophic failure, there will be a shower of water as the energy dissipates almost immediately. With pneumatics you get an explosive release that will throw debris for quite some distance with quite a force.
PottyTime
Posts: 4,116
Off Topic
Opinion:No Opinion
Price:1.40
Morning Campers
10 Nov '14
Seems to me like big Girls/ Boys are waiting for Big Power after all. This sp should have budged up tp 1.80 + by now with pipeline /hook up news and profits rolling in.
Lol at least with any consol' we won't be a penny share anymore.
But 2p by Christmas ? Not much to ask is it ? Not holding my breath lolol.
Time for a Waggon wheel and a homemade shandy bass at the Parsonage.



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