Member Info for OldFool13

If this maybe worth considering http://www.bloomberg.com/apps/news?pid=20601087&sid=ajqXR5gYqsak&refer=home and they have harvested 31,896 Tonnes of it so far.

Saw your posts this morning and being a former holder of ACTA, I thought I would do my best sheep impersonation and follow you in, however I decided to buy another instead! Oh what an old fool I am baaaa baaaa

government authorities to commence production from the VMž1 and VMž2 wells and hopes to be able to announce start up of the field early in 2010. Cash Position - The Group's net cash balances at 30 June 2009 were US$ 14.6 million (31 December 2008: US$ 23.1 million), with no debt. The Interims just come loaded with promise and delivery from my read.

V-Uzž7 was an exploration well drilled on the Vostochny Uzenskaya prospect approximately 7km east of the Uzenskaya field facilities. The principal cretaceous sandstone target was found to be water bearing, however a secondary, deeper Jurassic interval was found to be oil bearing. 3-D seismic and electromagnetic surveys are being conducted over this potential new oil discovery and the data will be analysed before appraisal drilling, most likely before the end of 2009. On its big play - Grafovskaya ž 1 - The drilling operation is budgeted to take a total of 250 days to reach the target depth of 5,200 metres and to complete the well although the Company will make interim announcements as and when appropriate. The well has been drilled to and casing set at approximately 670 metres. It has now reached a depth of 1,180 metres and continues drilling through the thick salt section. The first potential reservoir target is estimated to be at a vertical depth of approximately 3,700 metres. Developments in its Vostochny-Makarovskoye Licence Area As construction of the GPU has progressed, commissioning procedures have commenced and the plant is being tested with production from the Dobrinskoye field, which is owned by Trans Nafta. It is envisaged under an agreement with Trans Nafta that the GPU will be transferred into a joint venture, 75% owned by Volga Gas. Negotiations in relation to this are in progress. The Group has applied to the government authorities to

Was looking this morning at 16.37 and decided no ...... Doh

* Construction of the GPU is advanced and commissioning is continuing. * Application has been made for authority to commence production of gas and condensate. FINANCIAL * First period of positive EBITDA and positive operating cash flow. * Revenues of $3.4 million in H1 2009 (H1 2008: $0.1 million). * $14.6 million in cash as at 30 June 2009 and no debt. * Equity Placing raised a further US$27m ($26.6m net of expenses) and completed on 7 July 2009. Mikhail Ivanov, Chief Executive Officer of Volga Gas, said: 'I am very pleased with our operational achievements during the first half of the year which included the start of sustained and growing production from the Uzenskoye field, the connection of the initial two Vostochny-Makarovskoye wells to the gas processing unit and the groundwork that enabled us to start drilling operations on the first of our sub-salt wells, Grafovskaya ž1. The results of our production have enabled us to report a first period of positive EBITDA and positive operating cash flow - an important milestone for our company. Thanks to the support of our shareholders, the Company remains well capitalized and able to progress towards testing the potentially value transforming sub-salt potential of our licenses. The remainder of 2009 will be the most exciting period to date in the Company's history. We look forward to updating shareholders as and when appropriate.&apo

RNS Number : 1217Z Volga Gas PLC 16 September 2009 16 September 2009 Volga Gas plc ('Volga Gas' or 'the Company' or 'the Group') HALF YEARLY RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2009 Volga Gas, the oil and gas exploration and production group operating in the Volga Region of European Russia, announces its half yearly results for the six months ended 30 June 2009. KEY DEVELOPMENTS KARPENSKIY LICENCE AREA Supra-Salt (Uzenskoye oil field) * Uzenskoye has been in continuous production for the full six month period. * Average production of 1,050 b/d in the six months to 30 June 2009. Production in July and August averaged 1,600 b/d from three wells. * Three further wells have been completed, tied-in to field facilities and are being put on production. Oil production is expected to rise to a sustainable rate of over 2,000 b/d. Sub-Salt * A rig was assembled on location to drill the first deep sub-salt well, Grafovskaya ž 1 on the Yuzhny Ershovskoye prospect. * Drilling commenced on 28 August 2009. The well has been cased at 670 metres, has reached a depth of 1,180 metres and continues drilling through the thick salt section. VOSTOCHNY-MAKAROVSKOYE * VM ž 1 and VM ž 2 wells, were successfully completed and tested in 2008, and pipelines laid to the Dobrinskoye Gas Processing Unit ('GPU') in prep

Just posted on my thoughts, but I reckon its Pershing Nominees

I think the market is so focussed on the Cassa news that everyone read it, thought; where's Cassa, no Cassa, omg wheres Cassa, this is not good news , its bad news, time to sell, something bad is going to happen!!! Now I'm waffling!

Did not have the magic content .... Cassaguindi

There goes another 1 of your tips ...... impressive

Will sales rocket on the back of win 7 - NO Will sales rise and be an attractive time to buy in Peak - YES undoubtedly I have been quite bullish about this share for the last year, but lately the vibes sneaking out have undermined my hopes. BUYERS rubbish, lack of stock now critical, and now joined by another woe! We found out yesterday the top 50 non WNR stores that were going to have a partial refit in time for peak has been cancelled due to lack of finance! What was the RI money for and where has it gone? Not impressed.

Has disolved into moronic posts now! Tell me Premium is not a sea of calm ;-)

Actually perhaps if I ask you instead of the BB: is there any site that shows the entire buy / sells in recent weeks? (for 1 company)

I work 1 day a week as a DSGi employee and am too close to the problems they face instore to feel a rise is totally justified. The SP seems to be joined at the hip with the bank rises / falls and sort of mimics the treading water there atm. The potential ingredients are there for areally good autumn with a question-mark after Peak is finished with Best Buy supposedly on the horizon. Pluses Got rid of a lot of background / head office staff Streamlined dependence on bank loans through RI The core stores undergoing WNR refits doing well - 50 more planned to be partial refit before peak Selling model updated and improved although it has flaws Focus on margin sales has been a major change Windows 7 boost Negatives The BUYERS - they are dreadful Stock levels of high margin lines Dilution

I had a run-in with itsaduster on VGM when I called him out as a ramper. Within 24 hours he turned up on AFE and PDF dissing those shares. He was able to seriously undermine the AFE BB as it was falling at the time whereas he got put down on pDF as his comments were all wrong and the better members there prooved it. Since then he bought PDF and is a holder. I am fairly sure he is the same person as Mr Mappy, Mr Shadenfraude and the other 6 multiple ID's that were banned after I (and others) reported them about a month back. Admin did nothing about itsaduster but also did not advise me if the IP was indeed different. Itsaduster is a spiteful vindictive small minded loser and I won't filter him as he is too nasty. Jeps is just nothing to do with it, I only asked him to not plagerise others work without giving them credit.

doubting the value of premium chat this week; I give you the share chat on this board as a prime example of how these idiots are ruining regular chat. "titanic" reposting useles posts over and over. he has done this on PDF and AFE as well. He seems to buy in, see no mevement, spam the BB's then sell and move on! Incredible waste of bandwidth.

Depends where in the country you are for reflecting Broadband reliability. If you are in a cable area then Virgin is extremely reliable. I pay for 20 megs and I get 19.8 and in the last 3 years I may have had 2 down days at the most then Virgin are contacted easy and responsive. If you know someone in your area, ask them to ping their connection to see what they actually get before you sign up.

To think my upper target is 4-4.5p. Very interesting reading guys.

Nice touch with the PC member emblem. Now we know who is, and who isn't :-)