Member Info for bigsmoke

mr Able, i think we all share your thoughts to some degree.
(I was only winding you up re YouTube - plenty interesting stuff, along with bonkers stuff, there - as there is here).

Some folks are born finders, some minders, and others grinders.

Open high.

Think this could hit 30p before big money wakes up on Monday.

No I don’t mean the majority of posters here ... as much as VOG have built an enviable pipeline of clients I think we are still to hit critical mass whereby the offering adopts it’s own “gravity”. Anyone who has run their own or managed a venture will understand what I mean. Here’s hoping the heard begin to arrive now that the operation appears more than a tad more futureproof.

I could be wrong, but CamGov does not have an ownership interest in every energy company. Yes, for some, they get a political return, but for our president, this is likely his last term and therefore makes sense to focus on working with companies such as VOG where there are direct and indirect returns plus the CSR upside can only be good.

Able, have you been watching YouTube videos again?

Yes, WTFDYK.

Uncle Poppadoms!

and we still have the Q4 figures to come!

23p - another great position to be in! IMHO.

people will be like, what?!?

*Cruising

we are crusing to 24p this month.

altogether now ... dibamba here we come.

getting some of the big MO back.
wait till the hangovers wear off - and that includes VOG's 2018 nightmare.

mel so speaking iii? "KYC" = "nostromo" on LSE.

i would be almost more excited if a third party acquired the licence. they could drive investment (which sadly BLVN did not do). for example, it the licensee was Noble then we have friend who can open doors to LNG. if it was a chinese licensee then i expect VOG would get hoovered up soon.

i would hold on there mr bru.
with all the recent wheelings and dealings I would not be surprised if bomono pops up in the news soon.

if i recall right, matanda is not subject to the royalty issue and partner splits?

Victoria Oil & Gas set for new exploration as it seals Matanda acquisition

Located in the vicinity of the Logbaba field's gas infrastructure any new discovery in the Matanda acreage will potentially be developed “efficiently and promptly”

https://www.proactiveinvestors.co.uk/companies/news/211827/victoria-oil--gas-set-for-new-exploration-as-it-seals-matanda-acquisition-211827.html

Victoria Oil & Gas Plc (LON:VOG) confirmed it has now formally secured its 75% ownership stake in the Matanda PSC, which lies adjacent to the company’s flagship Logbaba concession.

It said, in a statement, that its Gaz du Cameroun subsidiary received a decree signed by Cameroon President Paul Biya on 17 December which authorised the transfer of interest which was assigned via the company’s agreement with Glencore.

Matanda spans some 1,235 square kilometres, more than 60 times larger than Logbaba. It covers both onshore and offshore areas (with the North Matanda offshore believed to host some 150bn cubic feet of gas resources, with upside potential seen at around 1 trillion cubic feet).

Onshore, the project area hosts prospects close to the Logbaba gas pipeline network and these areas will be the priority. Here, the company sees a total of 23 prospects and leads, with a total resource potential of around 1.3 trillion cubic feet.

It is anticipated that any new discoveries can be developed “efficiently and promptly”.

The Matanda contract has a minimum work obligation of one exploration well, plus seismic reprocessing, which need to be completed within the first two years following the presidential decree.

"It is very rewarding to receive Presidential approval for this acquisition,” the company said in the statement.

“Matanda provides material upside to underpin our growth plans and with block size 60 times larger than Logbaba and significant onshore potential, development of Matanda in parallel with Logbaba should provide both size and flexibility.

It added: “Matanda, which is primarily onshore and on the western side of Douala, provides an opportunity to develop an independent gas field to feed the growing industrial and domestic markets in the Bonaberi areas and beyond.

“Additionally, the offshore North Matanda Field has considerable potential in the longer term.”