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Victoria Oil & Gas Share Chat (VOG)



Share Price: 1.35Bid: 1.34Ask: 1.39Change: -0.07 (-4.93%)Faller - Victoria Oil
Spread: 0.05Spread as %: 3.73%Open: 1.37High: 1.37Low: 1.31Yesterday’s Close: 1.42



Share Discussion for Victoria Oil (VOG)


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buzzlightyear4
Posts: 5,285
Off Topic
Opinion:No Opinion
Price:1.72
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RE: buzz
8 Jul '14
sage was talking about CYAN

Haven't sold any VOGs...
 
voger
Posts: 5,750
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Opinion:No Opinion
Price:1.72
View Thread (14)
RE: History
8 Jul '14
max read this RNS

The Board of Victoria Oil & Gas Plc (AIM:VOG), the AIM quoted oil and gas
exploration company, is pleased to announce that the General Prosecutor of the
Republic of Kazakhstan ("the General Prosecutor") has supported the Company's
appeal against the claim made against its ownership of the Kemerkol oil field as
previously announced on 25 April 2008.

The claim was lodged against VOG's subsidiary, Victoria Energy Central Asia LLP
("VECA"), disputing the valid transfer of the Kemerkol licence to VECA in 2005.
The claim was made and initially upheld in the Economic Court of the Atyrau
Oblast in Kazakhstan in March 2008. VOG has always maintained that the transfer
was undertaken legally and has defended this position vigorously through the
entire appeal process.

After assessing the particulars of the claim and VECA's subsequent appeals, the
General Prosecutor has issued a formal letter of protest to the Supervisory
Panel of the Atyrau Oblast Court demanding cancellation of the court decision.
This will mean that, VOG's ownership of Kemerkol will be restored and the case
will be sent back to the Economic Court for reconsideration.

The General Prosecutor has also insisted on an examination of certain matters
relating to the validity of the claimant, which were previously disregarded by
the Court.

Commenting on the General Prosecutor's support, Kevin Foo, Chairman of VOG, said
today, "The support of the General Prosecutor further endorses the legitimacy of
our ownership of Kemerkol and we now expect the Courts to dismiss this
fraudulent case and allow us to recommence activity at Kemerkol. We will provide
further information in due course."

HOPE THIS HELPS
Max_2014
Posts: 6
Off Topic
Opinion:No Opinion
Price:1.72
View Thread (14)
RE: History
8 Jul '14
Voger- thanks that helps, I gathered there had been some dilution. If the company can finish it's pipeline project in Cameroon then one would hope this might supply the cash to turn attention to those forgotten assets!

By way of interest, why was Kerm disputed?
Firefighter999
Posts: 857
Off Topic
Opinion:No Opinion
Price:1.72
View Thread (7)
RE: buzz
8 Jul '14
".. I mean people were selling at the bottom! they were idiots...you have to call a spade a spade.."

So what price did you sell a chunk of your VOG portfolio for?
buzzlightyear4
Posts: 5,285
Off Topic
Opinion:No Opinion
Price:1.72
View Thread (7)
RE: buzz
8 Jul '14
Can't say I've seen it.......

But seeing as we are both batting for the same team here,I'm going to do my best to get on with with you..

After all if we are both here till 10p plus we should at least try and get on with our fellow holders.
buzzlightyear4
Posts: 5,285
Off Topic
Opinion:No Opinion
Price:1.72
View Thread (7)
RE: buzz
8 Jul '14
I must say,I still made a small profit on CYAN,you can't win them all....

We will all make mistakes...I'm staying with VOG and a few others till a target is hit or a T/O

Whichever comes first....
voger
Posts: 5,750
Off Topic
Opinion:No Opinion
Price:1.72
View Thread (7)
RE: buzz
8 Jul '14
i laugh ever time i see that car advert,were he texts his girl friend, after an argument.
"for give him he's an idiot"
voger
Posts: 5,750
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Opinion:No Opinion
Price:1.72
View Thread (14)
RE: History
8 Jul '14
max-2014
well now you are going back 10 years.
but here's some info.
dilution has been massive over 10 years,
gaz prom were said to want a lot of money to transport our gas in there pipeline.
$35mill was written of the books because Kermekol was and still is in dispute.
then you have the market sentiment or lack of in the oil and gas sector.
this is all from memory,
but i have only been in for four years, and westmed and kem were before my time,
hope this helps
buzzlightyear4
Posts: 5,285
Off Topic
Opinion:No Opinion
Price:1.72
View Thread (7)
RE: buzz
8 Jul '14
I'm definitely an idiot for selling at .21 or less....

Anyway up a fortune with REM and VOG I'm above my average now....

So I'm a happy idiot!!
voger
Posts: 5,750
Off Topic
Opinion:No Opinion
Price:1.72
View Thread (2)
RE: voger
8 Jul '14
sage
i find it strange that people come on here saying they have held for years but don't have a clue about the company.
something don't ring true



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