Share Name Share Symbol Market Type Share ISIN Share Description
Victoria Oil & Gas LSE:VOG London Ordinary Share GB00BRWR3752 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.125p +3.40% 34.25p 33.50p 35.00p 34.75p 34.25p 34.50p 332,382.00 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 14.5 1.1 0.1 287.3 37.50

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Date Time Title Posts
09/12/201619:16the truth about vog353.00
09/12/201614:56Victoria Oil & Gas - The New Positive Thread (VOG)33,993.00
08/12/201621:38Maestro's VICTORIA OIL multi bagger thread..time to pile in or regret forever!42.00
06/12/201621:35Victoria Oil And Gas moderated1,707.00
25/11/201618:48VOG - Can it survive - doesn't look like it. R.I.P.1,166.00

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Victoria Oil & Gas (VOG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:17:4334.757,5002,606.25AT
16:17:4134.507,5002,587.50AT
16:17:3734.256,2882,153.64AT
16:14:0434.2514,5984,999.82O
16:11:2434.0614,6875,002.76O
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Victoria Oil & Gas (VOG) Top Chat Posts

DateSubject
09/12/2016
08:20
Victoria Oil & Gas Daily Update: Victoria Oil & Gas is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker VOG. The last closing price for Victoria Oil & Gas was 33.13p.
Victoria Oil & Gas has a 4 week average price of 33.62p and a 12 week average price of 33.56p.
The 1 year high share price is 59.25p while the 1 year low share price is currently 23.50p.
There are currently 109,495,262 shares in issue and the average daily traded volume is 180,269 shares. The market capitalisation of Victoria Oil & Gas is £37,502,127.24.
02/12/2016
12:57
fatnacker: peterpowwell21 2 Dec '16 - 09:27 - 211 of 216 0 0 We calculate Risked NAV of 170p/share, indicating a significantly undervalued stock (which is more than underpinned by 2P reserves alone), in our opinion. Our sum-of-the-parts valuation accounts for Logbaba reserves and resources, with the latter risked at 30%. We have also taken a small portion (circa 250bcfe recoverable) of net prospective resources at Matanda, risking these volumes more aggressively at 10%. Our assumed “in ground” values range from US$4-6/boe and are benchmarked against comparable African projects assessed by us. In addition, we have assumed a value for VOG’s strategically important pipeline infrastructure (at circa two thirds of balance sheet carrying value) and have made financial adjustments to reflect forecast net debt and the present value of central costs. Conclusions VOG’s recent interim results and quarterly update demonstrated a continued strong gas sales performance from its core Logbaba project in Cameroon and, with the company now firmly profitable, we forecast continued earnings progression as a result of current growth initiatives. We anticipate imminent spudding of two appraisal/development wells at Logbaba and, with phased extensions to the pipeline network now commissioned, we believe that the company is extremely well positioned to expand its reserves and production. As an integrated gas production business dominating its local market in Douala, VOG is highly differentiated amongst its African E&P peers on AIM, combining a strong geographic focus with a straightforward, highly commercial business model and significant growth potential. Assignment of an operated interest in the Matanda block provides a much expanded footprint in-country and we also note plans to supplement the portfolio with additional complementary projects. However, we believe that successful implementation of the forthcoming drilling programme will be the critical value driver for VOG in the shorter term, given the potential impact on a reserves base which already more than underpins the current share price, in our opinion. We forecast adjusted EBITDA of circa US$17m both this year and next and we see excellent scope for the company to expand customer supply and deliver meaningful earnings progression through FY2017. We expect healthy operating cash flow and existing debt facilities to readily accommodate the company’s capex plans. Our Risked NAV estimate stands at 170p/share, a figure which we believe is fully justified by VOG’s existing reserves base, established pipeline network and unrisked potential at Logbaba and Matanda. We acknowledge that ground operations have yet to commence at Matanda but have accounted for only a small portion of prospective resources here and believe that this project is of strategic importance. Accounting for financial adjustments, we estimate that Logbaba reserves alone contribute 56p/share to Risked NAV and also highlight the value of the pipeline infrastructure. Future execution will be key to driving the share price, we believe, and we see scope for very material upside as VOG implements its ambitious work programme to expand reserves, production and process peterpowwell21 2 Dec '16 - 11:00 - 212 of 216 0 0 120p soon fatnacker 2 Dec '16 - 11:01 - 213 of 216 0 0 Edit at least, probably twice that. peterpowell21 2 Dec '16 - 11:41 - 214 of 216 0 0 jam2day you must be sick of being called here. peterpowell21 2 Dec '16 - 11:43 - 215 of 216 0 0 the rampers dont like the facts being posted. they only want hope posted on here. that i am afraid just more jam tomorrow. if you want jam, this company is the place. you will get it morning noon and night. peterpowell21 2 Dec '16 - 11:47 - 216 of 216 0 0 there are some right gullible people about buying in here. they come, think they have found the bottom,seen it many many times before. there will be more tears, yet again.
30/11/2016
14:56
grimreaper5: We calculate Risked NAV of 170p/share, indicating a significantly undervalued stock (which is more than underpinned by 2P reserves alone), in our opinion. Our sum-of-the-parts valuation accounts for Logbaba reserves and resources, with the latter risked at 30%. We have also taken a small portion (circa 250bcfe recoverable) of net prospective resources at Matanda, risking these volumes more aggressively at 10%. Our assumed “in ground” values range from US$4-6/boe and are benchmarked against comparable African projects assessed by us. In addition, we have assumed a value for VOG’s strategically important pipeline infrastructure (at circa two thirds of balance sheet carrying value) and have made financial adjustments to reflect forecast net debt and the present value of central costs. Conclusions VOG’s recent interim results and quarterly update demonstrated a continued strong gas sales performance from its core Logbaba project in Cameroon and, with the company now firmly profitable, we forecast continued earnings progression as a result of current growth initiatives. We anticipate imminent spudding of two appraisal/development wells at Logbaba and, with phased extensions to the pipeline network now commissioned, we believe that the company is extremely well positioned to expand its reserves and production. As an integrated gas production business dominating its local market in Douala, VOG is highly differentiated amongst its African E&P peers on AIM, combining a strong geographic focus with a straightforward, highly commercial business model and significant growth potential. Assignment of an operated interest in the Matanda block provides a much expanded footprint in-country and we also note plans to supplement the portfolio with additional complementary projects. However, we believe that successful implementation of the forthcoming drilling programme will be the critical value driver for VOG in the shorter term, given the potential impact on a reserves base which already more than underpins the current share price, in our opinion. We forecast adjusted EBITDA of circa US$17m both this year and next and we see excellent scope for the company to expand customer supply and deliver meaningful earnings progression through FY2017. We expect healthy operating cash flow and existing debt facilities to readily accommodate the company’s capex plans. Our Risked NAV estimate stands at 170p/share, a figure which we believe is fully justified by VOG’s existing reserves base, established pipeline network and unrisked potential at Logbaba and Matanda. We acknowledge that ground operations have yet to commence at Matanda but have accounted for only a small portion of prospective resources here and believe that this project is of strategic importance. Accounting for financial adjustments, we estimate that Logbaba reserves alone contribute 56p/share to Risked NAV and also highlight the value of the pipeline infrastructure. Future execution will be key to driving the share price, we believe, and we see scope for very material upside as VOG implements its ambitious work programme to expand reserves, production and process/delivery capacity.
28/11/2016
11:03
grimreaper5: Conclusions VOG’s recent interim results and quarterly update demonstrated a continued strong gas sales performance from its core Logbaba project in Cameroon and, with the company now firmly profitable, we forecast continued earnings progression as a result of current growth initiatives. We anticipate imminent spudding of two appraisal/development wells at Logbaba and, with phased extensions to the pipeline network now commissioned, we believe that the company is extremely well positioned to expand its reserves and production. As an integrated gas production business dominating its local market in Douala, VOG is highly differentiated amongst its African E&P peers on AIM, combining a strong geographic focus with a straightforward, highly commercial business model and significant growth potential. Assignment of an operated interest in the Matanda block provides a much expanded footprint in-country and we also note plans to supplement the portfolio with additional complementary projects. However, we believe that successful implementation of the forthcoming drilling programme will be the critical value driver for VOG in the shorter term, given the potential impact on a reserves base which already more than underpins the current share price, in our opinion. We forecast adjusted EBITDA of circa US$17m both this year and next and we see excellent scope for the company to expand customer supply and deliver meaningful earnings progression through FY2017. We expect healthy operating cash flow and existing debt facilities to readily accommodate the company’s capex plans. Our Risked NAV estimate stands at 170p/share, a figure which we believe is fully justified by VOG’s existing reserves base, established pipeline network and unrisked potential at Logbaba and Matanda. We acknowledge that ground operations have yet to commence at Matanda but have accounted for only a small portion of prospective resources here and believe that this project is of strategic importance. Accounting for financial adjustments, we estimate that Logbaba reserves alone contribute 56p/share to Risked NAV and also highlight the value of the pipeline infrastructure. Future execution will be key to driving the share price, we believe, and we see scope for very material upside as VOG implements its ambitious work programme to expand reserves, production and process/delivery capacity.
11/11/2016
11:24
grimreaper5: Shore Capital 31st Oct 2016: Conclusions VOG’s recent interim results and quarterly update demonstrated a continued strong gas sales performance from its core Logbaba project in Cameroon and, with the company now firmly profitable, we forecast continued earnings progression as a result of current growth initiatives. We anticipate imminent spudding of two appraisal/development wells at Logbaba and, with phased extensions to the pipeline network now commissioned, we believe that the company is extremely well positioned to expand its reserves and production. As an integrated gas production business dominating its local market in Douala, VOG is highly differentiated amongst its African E&P peers on AIM, combining a strong geographic focus with a straightforward, highly commercial business model and significant growth potential. Assignment of an operated interest in the Matanda block provides a much expanded footprint in-country and we also note plans to supplement the portfolio with additional complementary projects. However, we believe that successful implementation of the forthcoming drilling programme will be the critical value driver for VOG in the shorter term, given the potential impact on a reserves base which already more than underpins the current share price, in our opinion. We forecast adjusted EBITDA of circa US$17m both this year and next and we see excellent scope for the company to expand customer supply and deliver meaningful earnings progression through FY2017. We expect healthy operating cash flow and existing debt facilities to readily accommodate the company’s capex plans. Our Risked NAV estimate stands at 170p/share, a figure which we believe is fully justified by VOG’s existing reserves base, established pipeline network and unrisked potential at Logbaba and Matanda. We acknowledge that ground operations have yet to commence at Matanda but have accounted for only a small portion of prospective resources here and believe that this project is of strategic importance. Accounting for financial adjustments, we estimate that Logbaba reserves alone contribute 56p/share to Risked NAV and also highlight the value of the pipeline infrastructure. Future execution will be key to driving the share price, we believe, and we see scope for very material upside as VOG implements its ambitious work programme to expand reserves, production and process/delivery capacity.
11/11/2016
11:23
grimreaper5: Shore Capital 31st Oct 2016: Strong outlook for gas sales: With profitability firmly secured, VOG is undertaking an ambitious work programme (including drilling and pipeline extensions) to expand reserves, production and process/delivery capacity. With the Logbaba project complemented by material exploration potential at Matanda, we believe that VOG has established a robust, highly focused growth platform. We also see excellent scope for value-accretive additions to the portfolio. Healthy earnings progression forecast: Although partner RSM is now receiving its pro rata share of Logbaba revenues, our newly-introduced forecasts indicate a stable revenue stream (circa US$34m p.a.) combined with strong gross margin expansion (to >40% next year). This results in EPS progression to 2.7 cents in FY2017. We expect positive operating cash flow and VOG’s existing financing arrangements to readily accommodate the company’s capex plans. Risked NAV of 170p/share: Our sum-of-the-parts valuation accounts for VOG’s existing reserves base combined with risked upside at both Logbaba and Matanda. With the prevailing share price more than underpinned by Logbaba reserves alone, we see scope for material upside as VOG successfully implements its growth strategy by adding reserves, expanding customer supply and delivering meaningful earnings progression through FY2017.
28/10/2016
12:41
whites123: MAYA : Mayair. 2 trades of 5000 shares go through (These are not destined for share buyback) and the result is, NMS tightens up and increase of 8% showing. Folk... DYOR etc, but it really is a coiled spring waiting to pop. The company has an approved mandate to buy back 10% of stock at an average price of £1.42. (£5,500,000) all stock bought below means the top price payable goes up. MAYA : Mayair. Very limited PI interest showing in MAYA (Mayair) still, but with just 2 small PI trades showing of £3,700 total the share price has risen some 8%. The company has an approved mandate to spend over £5,500,000 on share buy back program. Its a squeeze of epic proportions. Do some research people... Im like an over excited kid as I have not seen this situation for many a year. MAYA : Mayair Close to £5,500.000 still to spend on share buy back program. Averaged out that equates to over £1.40 per share, but all those bought lower means the upper price to pay can well exceed that marker. Tripling of the share price is easy once stock is in demand. Its a squeeze of epic proportions in the waiting. And yet another RNS from MAYA showing a further share buy back. Each and every time the rns comes out the price increases. Yesterday just 2 purchases. 1 from a PI buying 2,500 shares and the other purchase was a share buy back by the company. They have the mandate to buy approx a further 4 MILLION shares back. The share price will explode... Anyone else here excited about MAYA? (Mayair) They want to buy back 4,247,500 shares (10%) for a maximum of £5,755,750 They have already bought back 340,000 shares for £205,611 So they still have to buy back 3,907,500 shares with £5,550,139 They can pay up to 142p (£5,550,139 / 3,907,500) to acquire the outstanding stock but for every share they buy below 142p, they can pay more than 142p to complete the buy-back, so the price should keep stepping up. The objective of the buy back seems to be to get the share price up. This could triple from here. 19th Oct -2016 RNS today showing they bought back more shares.. In a lightly traded stock like this they have the mandate to buy back almost 4,000,000 more. Where will the share price be by then? Many many multiples of todays price is my best guess.
13/7/2016
14:38
clunes100: My layman's view is that the share price has flat lined for a number of reasons, some can easily understood, such a large capital spend on infrastructure and delayed expectations in terms of new thermal contracts etc. But there are some known unknowns such as Foo's royalty and RSM starting to take their share of revenues after operating and further development costs are taken into consideration. My view at the moment is that these known unknowns have already been priced into the sp, it is only with clarity that nervous investors will gain confidence. I have not mentioned all the positives and negatives but as far as Foo's royalty is concerned, a Board sub-committee has been set up to review and resolve this with Foo, probably an equity/royalty swap which will align Foo's interests completely with the company and what was the royalty (roughly 4% once a third is already returned to VOG) will drop to the bottom line. RSM will not be 40% (the headline figure) of revenues as operating costs (gas from well to customer) will be subtracted from this figure and RSM will continue to fund 40% of infrastructure, wells etc. VOG is gaining assets all the time, from wells to extending the pipeline, from licences to cash, but the thing to look at is the margin on sales, if the gas costs $3 per scuff and it is sold at $9-16 per scuff. It is not rocket science to work out that profit will increase substantially even with RSM taking their cut because margins are so good. The key to a £1 plus share price will be a successful new well, proving reserves and providing well redundancy, the extension of existing power contracts and THE THIRD GAS POWER CONTRACT which will surely come as market demand for electricity is there and there are no other suppliers of gas (realistically BLVN's tiny discovery is not commercial without VOG's pipeline). Clearly I think the share price is undervalued on the basis of medium term potential and some may call this ramping, but these comments are based information in the public domain and if anyone disagrees, then by all means post and liven up this board and even interest in VOG.
24/2/2016
14:00
the legendi: Your predictions on the VOG share price are as good as used bog roll fella. I refer people back to your previous posts like: max_cady - 02 Feb 2016 - 15:28:28 - 32560 of 32587 This will drift back to the 20s. It's already started take a look at the DOW and falling oil prices. Strong sell imo.
24/2/2016
10:38
the legendi: max your an idiot. Volumes are not tailing off. Don't be so bitter about not enjoying the VOG share price rally which has much more legs. £1 soon.
19/2/2016
10:18
ridicule: With the VOG share price still in the 40's fn, I wouldn't worry too much about refining the value. It is so far above the current share price just buy and worry about the longer term valuation in due course as the share price rises.
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P:40 V: D:20161209 21:16:33