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Victoria Oil & Gas Share Chat (VOG)



Share Price: 1.70Bid: 1.65Ask: 1.75Change: 0.03 (+1.80%)Riser - Victoria Oil
Spread: 0.10Spread as %: 6.06%Open: 1.63High: 1.70Low: 1.63Yesterday’s Close: 1.67


Share Discussion for Victoria Oil (VOG)


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PottyTime
Posts: 3,999
Off Topic
Opinion:No Opinion
Price:1.55
View Thread (11)
RE: Interesting article
19 Aug '14
I expect VOG to drill more wells on other Aftrican asset next year sometime to beef up the future supply (the The Anomaly' lol. Actis 45mw deal for the moment maybe sorted within a year.
At least the thermal customer base is still growing.
Lol it's Cameroon not Camberley. Don't hold your breath unless training for an Olympic free diving event. Not too far from the November Interims anyway. Brrrrr.
 
naks
Posts: 1,673
Off Topic
Opinion:No Opinion
Price:1.55
View Thread (11)
RE: Interesting article
19 Aug '14
Voger

exactly lets try and stand on our own two feet before we attempt to sprint.
voger
Posts: 6,160
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (11)
RE: Interesting article
19 Aug '14
bobby
thats right, we have plenty of gas at the moment,
infact if needs be we can increase the scuffs by building another processing plant or from memory adding to the one we have now,
there is no need to drill at the moment at all, we aren't even selling a quarter of the gas we can supply to market at the moment.
Actis can sign a contract with VOG to supply 10 scuff a day tomorrow for 20 years and we can supply them.
after that we have time and a very good chance of getting the finance to drill for more gas.
as foo said, quarter steps, so no spending $10-20 mill on drilling until most if not all gas is being sold to market what we have now.
apart from that. how long would it take to plan and get a drill done and proven up?

foo does not seem to want to give out any info any more, not a bad idea with his passed record.
rodlin
Posts: 2,277
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (11)
RE: Interesting article
19 Aug '14
Jeez Bordersman. What's with all the negativity? Things are on the turn here at long last.
bobbys
Posts: 12
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (11)
RE: Interesting article
19 Aug '14
i thought we had enough gas for 20scuffs a day for 20 years? and i thought we could output 20scuffs per day on the current setup.

I assumed further expansion would only come into play once we'd allocated the bulk of the 20/day currently available.
Bordersman
Posts: 2,511
Answer
Opinion:No Opinion
Price:1.52
View Thread (11)
RE: Interesting article
19 Aug '14
Actis contract. Yes ....but

1. Methinkks there wont be an Actis contract until VOG can assure long term supply
2. It seems likely to do that more gas has to be proven
3. So a bit of drilling in prospect and the need to pay for it- cant be done from operations cash surpluses.
4. So JG needs to divy up .....and news on that front is well overdue.
5. Lots overdue now....we dont even know if Dangote will be just a thermal customer
6. Anyone know what happened in Cameroon's latest round of exploration licenses?
7. ...Why can VOG not give us an indication of target hookups.?

Mel
PottyTime
Posts: 3,999
Off Topic
Opinion:No Opinion
Price:1.52
Morning Brethren
19 Aug '14
Lol still above 50-. Good enough for me. Little morning action as usual these days, trade should pick up later.
Off to Fred Quilleys to get the Donkeys ready for the Grand Derby on the beach later.
voger
Posts: 6,160
Off Topic
Opinion:No Opinion
Price:1.52
View Thread (4)
RE: 1.41 sell
19 Aug '14
maisy
good morning,
that silly drop on the bid every morning for a few minutes is a joke.
is it to try and get a very little stop loss, or to leverage out a few longs on spread betting,
what ever it is it should stopped.
i watch a lot of sp's going up at great speed only to find that all of a sudden the bid will drop 20% for a few seconds to wipe out stop losses or leverage people out. its not cricket, if can't place a stop loss of say 10% without them robbing people they may as well stop doing them.
i would never put a stop loss on in AIM,
maisydaisy
Posts: 1,000
Off Topic
Opinion:No Opinion
Price:1.56
View Thread (4)
RE: 1.41 sell
19 Aug '14
c2m sells inc ISDX. Bid chopped to 1.41 and then a few mins later back to 1.5...MMs want your stock
maisydaisy
Posts: 1,000
Off Topic
Opinion:No Opinion
Price:1.56
View Thread (4)
RE: 1.41 sell
19 Aug '14
Smell MM triggering a stop loss. Price then up to 1.53 on bid - paying 1.55.

Few sellers, MMs paying a premium to quoted and few byers - all waiting for newsflow. looking very steady and the mornings of the bid being hacked at open and then staying like that are receding...I hope.

Think larger buy still being worked and MMs slowly getting stock to fill - painfully slow as far as I can see.



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