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Victoria Oil & Gas Share Chat (VOG)



Share Price: 1.365Bid: 1.36Ask: 1.37Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: 0.01Spread as %: 0.74%Open: 1.34High: 1.38Low: 1.34Yesterday’s Close: 1.365


Share Discussion for Victoria Oil (VOG)


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Blonde-ad
Posts: 19
Off Topic
Opinion:No Opinion
Price:1.48
it's not that tricky
31 Oct '14
GDC achieved operational break-even on a cash flow basis in February 2014, with an average 3.2mmscf/d production rate achieved. The production rate was reached upon successful connection of SOCAVER.
 
PhotographerTLP
Posts: 604
Off Topic
Opinion:No Opinion
Price:1.48
View Thread (2)
Voger
31 Oct '14
On the phone so not sure how to follow the chain.

Has the target been moved? I don't follow the board is keenly as yourself so bow to your knowledge. I have only ever known 4.2 scuffs as group break even. Is it still 4.2 or has that changed? It could be that the target might change as things get more expensive as the years roll but. 4.2 seems to have been a figure since I have been here and I have been here three years now. That's a frightening thought....three years.
voger
Posts: 6,702
Off Topic
Opinion:No Opinion
Price:1.50
PhotographerTLP
31 Oct '14
if you look back, break even has been moved a few times.
mrJimV
Posts: 7,841
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (4)
RE: RE-: price per scuff
31 Oct '14
very true naks , vog has said it is a very sencitive about how much each customer has to pay , maybe pay so much then dicounted the more they use , saying that a year ago before Guinness and Socavor were connected vog did say on the website all customer have had to pay the full 16k per scuff , Socavor being the biggest user i would think get some sort of discount but that is something we wont know .
PhotographerTLP
Posts: 604
Off Topic
Opinion:No Opinion
Price:1.52
Voger
31 Oct '14
I can't see that VOG are giving it away too cheaply for the following reasons. There are cleverer people than me here who might be able to work out the following. We have known for ages that 4.2 scuffs is group break even (I think that correct?). If VOG were giving the gas away cheaply then wouldn't that figure of 4.2 now be 5 for example? Also, the clever amongst us could possibly work out the running costs of VOG and how much we are making at 4.2 scuffs to break even. Surely that way we might take a good close guess at the cost per scuff currently? Or is that my simple brain not seeing it clearly?
naks
Posts: 1,781
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (4)
RE: RE-: price per scuff
31 Oct '14
Quality Rodlin spot on. Voger we have already been told that individual deals would not be disclosed as it effects on going negotiations with other companies and also it will take sometime to get our initial outlay back on the gensets, but i think since then that whole arrange is totally different bonds and other financing and energyst new deal done also.
rodlin
Posts: 2,428
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (4)
RE: RE-: price per scuff
31 Oct '14
Voger. One last point. You are full of contradictions. You do nothing but complain about KF's abilities and past performance. You complain about the lack of information and yet you continue to buy shares in the company you appear to have no faith in. So it's hardly surprising you come in for a bit of stick on this BB.
However, there is no malice as far as I'm concerned. I just enjoy pointing out the odd home goal. ATB.
crowman21
Posts: 3
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (4)
RE-: price per scuff
31 Oct '14
Somewhere when Bramlin looked at power the price per scuff was around $6 per scuff which was breakeven. Profit came from condensate . Can't see it being much different now
im-_-useless
Posts: 4,097
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (3)
RE: re price per scuff
31 Oct '14
Voger
"is it really to much to be told how much a scuff we are getting for the genset users"
yes it is to much to ask, why do you think that is?



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