Velocity Composites Share Discussion Threads

[dreggspicker] 08/1/2014 22:09

still going south on rubbish volumes....

[dreggspicker] 07/1/2014 19:42

Even if (God forbid) we do not drill Madogshe we still have the condensate prospect L9, surely this would be worth the current share price .....

[dropside] 07/1/2014 19:34

Agreed its high time we had some news. Everything is a riddle and the market is reflecting this.

[dreggspicker] 07/1/2014 19:07

You are not wrong there pisces, we need news about everything & anything right now, it is time we got proper drilling..........

[pisces4] 07/1/2014 18:50

oh dear another resistant point broken,not looking good!

[dropside] 31/12/2013 16:30

Don't think that is Jeff the tortoise anymore :-)

I wish shareholders a good night into the New Year and the New Year brings health and happiness - and we strike oil!

[dreggspicker] 31/12/2013 15:51

Here's hoping we get a move on in the new year, also lets all hope the last of the Canadian tax year folk have finished, not many hours to go now..................


so, I wish everyone a ;;;;;;;

[dreggspicker] 25/12/2013 19:21

Well old Jeff has enjoyed the day..........

[dreggspicker] 24/12/2013 16:47

Yep, you know you can come up anytime drops............ Believe me ...... it all tastes gooooood.... hic..

[dropside] 24/12/2013 16:37

You going to need help with that dreggs? :-))

Wishing all Vanoil shareholders a Very Merry Christmas and a Happy and Prosperous New Year!

[dreggspicker] 24/12/2013 16:24

Merry Xmas everyone !!!!


As you can see I will be having a big one.........






Lets look forward to next year!!!

Dreggs & Family

[dreggspicker] 10/12/2013 19:47

another down day, time we had some news, too many Canadians selling at a loss for their tax year......

[dropside] 06/12/2013 17:20

Just bought some more at 11.5p

So cheap for everything you are getting IMHO.

[dreggspicker] 30/11/2013 13:20

I do hope so drops, the lack of news is getting boring - even for little old me......

[dropside] 30/11/2013 11:44

The Africa Oil operated Bahasi-1 well in the Block 9 is currently drilling as planned with results expected by the end of December.



hxxp://africaoilcorp.mwnewsroom.com/press-releases/africa-oil-announces-fifth-consecutive-major-oil-discovery-in-kenya-tsx-venture-aoi-201311220913296001


- The adjacent block to the north west of our 3A. This will be good for us if it hits oil. Wonder if we plan to use the same rig when AOI have finished with it?

[napoleon111] 22/11/2013 13:31

quite far to the west of teh country from where we are but at least we know there is stuff in the ground!

[napoleon111] 22/11/2013 13:30

Tullow Oil has made another significant discovery in Kenya.

The company made an onshore discovery of 100 metres of net oil pay at the Agete-1 exploration well in Block 13T

The discovery was made at a wildcat well which is part of a much biggest exploration campaing.

Shares in Tullow gained over 2pc today as a result of the find.

"A fifth consecutive oil discovery onshore Northern Kenya highlights the emerging world class exploration and production potential within our rift basin acreage," exploration director Angus McCoss said.

The Agete discovery is on-trend with prior finds at- Twiga South, Ekales, and Ngami, the company added.

Tullow is planing to conduct flow testing when logging is completed.

"An intensive campaign for 2014 includes appraisal and exploration within this first basin and pioneering wells targeting the prospectivity throughout the entire chain of similar rift basins," McCoss adds.

Tullow owns 50pc of the venture with Africa Oil.

[dreggspicker] 22/11/2013 10:59

They might move the warrants to a later time, but then a hell of a lot can happen between now and march.....

[dropside] 22/11/2013 09:29

It could just be the band wagon effect though. 'Someone must know something' and all that.

[dropside] 22/11/2013 09:24

Selling looks bitty for a single seller, dreggs, could be friends and family though..

[dreggspicker] 21/11/2013 22:02

Big shame there is a seller at the moment, but you can bet James Passin and Sam Malin are not the seller............

[dreggspicker] 16/11/2013 10:56

Could be on both counts, drops, also Sam Malin is not stupid, we are still in good hands, he will do what is right I am sure.........

[dropside] 16/11/2013 10:32

That may explain why Aaron has been so hard to get hold of of late. I wish him all the best and hope he gets well soon.

James Passin says a few good words about Vanoil, not that you would expect him to say it is rubbish, but he is particularly upbeat in his choice of words.

I think this is also the first official confirmation of the farm-out process?

[dreggspicker] 15/11/2013 21:44

Aaron D'Este has resigned due to ill health, Sam Malin has taken over.........

"Vanoil Announces Executive Change
Print
Alert
Vanoil Energy Ltd. (TSX VENTURE:VEL) ("Vanoil" or the "Company"), a
Vancouver-based Canadian international oil and gas development company,
announces that Aaron D'Este has elected to stand down as President, CEO and
Director due to health restrictions. Aaron joined Vanoil in September 2012 and
led the Company through a period of rapid growth. Under Aaron's leadership,
Vanoil processed its 3D seismic survey, launched a farm out process and
commenced drilling operations on Block 3 in Kenya. During this period, Vanoil
also acquired Avana Petroleum Limited ("Avana") and Fluormin plc, which doubled
the Company's asset portfolio and provided the capital to underpin Vanoil's
current operations. Major progress was achieved under Aaron's leadership and the
Vanoil team wishes Aaron a speedy recovery and a successful future.


The Company is pleased to announce that Sam Malin, currently a non-executive
director, has agreed to become President and CEO. This provides a seamless
transition for the Company as Sam has an excellent understanding of Vanoil's
assets. Moreover, as founder and CEO of Avana, Sam was directly responsible for
the Company's involvement in two key assets - the highly prospective Kenyan L9
offshore block with partners Ophir Energy plc and FAR Limited and Seychelles'
Exploration Areas A and B with partner Afren plc.


Sam's previous experience includes the founding of Madagascar Oil Limited
("Madagascar Oil") and Red Island Minerals Ltd. ("Red Island") which featured
the development of multi billion barrel heavy oil fields and a major coal field
respectively. As founder and CEO, Sam created significant value in both
companies. He built Madagascar Oil from inception to a value in excess of $1
billion by late 2006. As Red Island's Chairman, he concluded a comprehensive
survey of the Sakoa coal field resulting in a sale to Thailand's PTT Asia
Pacific Mining Pty for nearly $100 million dollars.


Sam holds a BSc (Hons) in Geological Engineering from Queens University in
Canada and completed graduate studies in England at the University of Cambridge.
His prior experience includes advisory positions for the European Commission as
well as positions with Standard & Poor's, Arthur D. Little and Dome Petroleum
Limited. He is fluent in French and conversant in several other languages.


James Passin, Vanoil's chairman stated, "The Company is extremely fortunate that
Sam has agreed to become its new CEO. Sam was the CEO of Avana prior to its
acquisition by Vanoil earlier this year, with a proven ability in building a
successful East African focused oil exploration company. I look forward to
working with Sam in the ongoing development of Vanoil's highly prospective
exploration portfolio. The Company's ongoing drilling and exploration programs
will position Vanoil as an attractive platform for value growth and strategic
investment.


We thank Aaron for his efforts on behalf of the Company and wish him a rapid
return to good health."