Victoria Oil & Gas Share Discussion Threads

[fatnacker] 14/12/2016 17:00

After invoking a contractual default provision on our Logbaba partner, we are pleased to report that, post the balance sheet date, RSM Production Corporation ("RSM") has settled all amounts due and we look forward to their ongoing support as we continue with the gas expansion programme.

[fatnacker] 14/12/2016 16:57

They've paid up in full Clunes, they wont miss payments after the last arbitration decision.

[clunes100] 14/12/2016 16:40

The loan should be enough, apparently, the larger than required $26m loan was sort just in case their was a hiccup with the well and more specifically, so that RSM could not hold them over a barrel as they did last time. Those that were around for the big dilution will recall that it would not have been as big and VOG's position not so precarious at the time, if RSM had paid up which they eventually did, but after the dilution.

My guess is that on the one hand RSM want to see the licence developed but on the other hand they will use any excuse to delay payment or try and squeeze a better deal for RSM.

[fatnacker] 14/12/2016 15:23

Yep, short term chart stating to look interesting.

[broncowarrior] 14/12/2016 15:10

Good today, albeit on low volume. Usually with low volume it goes the other way...

[fatnacker] 14/12/2016 07:47

Clearly not

[bengal1] 14/12/2016 07:04

Have done...many times...why are we back at 33p...

[fatnacker] 14/12/2016 06:40

Bengal, read the rns.

[temmujin] 13/12/2016 22:52

time we had drilling news...maybe tomoro...trav getting edgy today

[bengal1] 13/12/2016 22:05

Wonder how the Arbitration is going...will RSM pay their 40% of $40m, and when? What cash calls have they had? or does GDC have to front all the monies until Arbitration concludes? The $26m loan therefore won't be enough...anyone got better info please?

[tr4v2] 13/12/2016 19:00

FACTS DON'T LIE - ONLY HOLDERS WITH A MASSIVE LOSS DO


RNS 17/02/2010

"It is also important to stress that our plan is to fund this leg of
Logbaba's development with debt or trade financing and not to tax further our
shareholders. We have already had interest from a number of local and
international banks in this regard and will be able to crystallise these as
solid data from the wells becomes available."



Then this.........................................



Dilution RNS 01/03/2010 Placing of 430,769,231 new shares

Dilution RNS 01/09/2010 Placing of 368,000,000 new shares

Dilution RNS 16/11/2010 Placing of 183,708,612 new shares

Dilution RNS 27/09/2011 Placing of 292,307,687 new shares

Dilution RNS 01/06/2012 Placing of 105,000,000 new shares

Dilution RNS 06/11/2012 Placing of 154,673,512 new Ordinary Shares

6,256,608 Ordinary Shares in lieu of a cash payment due to its technical advisors, for work completed during the last six months, at a price of 2.27 pence per Ordinary Share;

ii) 63,500,000 Ordinary Shares to the Trustee of the VOG Employee Share Ownership Plan, in accordance with the terms of this scheme; and



Number of new Ordinary Shares allotted

Kevin Foo 728,904

Robert Palmer 177,180

Plus £2,000,000 drawdown of £10,000,000 SEDA



RNS 21/12/2012 - Placing - The Company has allotted 21,832,533 Ordinary Shares in lieu of a cash payment due to a major Cameroon supplier, for work completed during the year, at a price of 2.25 pence per Ordinary Share.



The aforementioned figure of 2,861,390,776 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, VOG under the Financial Services Authority's Disclosure and Transparency Rules.

Dilution RNS - 6 February 2013
placing of 1,465,329,020 new ordinary shares ("Placing Shares") at a price of 1.6 pence per share

RNS - dilution 16 November 2015
Victoria Oil & Gas Plc, announces that application has been made for the admission of a total of 341,926 new ordinary shares of 0.5p each ('New Ordinary Shares') to trading on AIM ('Admission').

[broncowarrior] 12/12/2016 10:54

Nice run up to Christmas, that will be a winner. Good volume this morning too, over day's average already.

[pixi] 12/12/2016 09:32

TR4

Are you short?

[pixi] 12/12/2016 09:23

I suspect we have been tipped somewhere on undervaluation grounds and future prospects, as per my Friday post.

[baticle] 12/12/2016 09:15

Nice to see some underlying strength in the price this morning, with new customer connections ,a drill campaign fully underway and the end of year soon upon us showing increased revenue & profit, it should bode well here on in.

[kumala] 12/12/2016 08:10

Great start to the day.......K

[fatnacker] 12/12/2016 08:06

Nice move up, is it support from the rising oil price or something else? New customers connected?

[frew34] 11/12/2016 16:08

Here's an interesting interview about what's next for the oil price - this analyst is basically predicting a $40 to $50 price for the foreseeable future

[temmujin] 11/12/2016 13:16

will quadruple my holding this week...now is the time to buy big and smash the mms and shorters to kingdom come

[temmujin] 11/12/2016 13:15

vog will open 10% up monday...trust me those 2 late 7500 bot trades significant

[tr4v2] 11/12/2016 12:11

FACTS DON'T LIE - ONLY HOLDERS WITH A MASSIVE LOSS DO


RNS 17/02/2010

"It is also important to stress that our plan is to fund this leg of
Logbaba's development with debt or trade financing and not to tax further our
shareholders. We have already had interest from a number of local and
international banks in this regard and will be able to crystallise these as
solid data from the wells becomes available."



Then this.........................................



Dilution RNS 01/03/2010 Placing of 430,769,231 new shares

Dilution RNS 01/09/2010 Placing of 368,000,000 new shares

Dilution RNS 16/11/2010 Placing of 183,708,612 new shares

Dilution RNS 27/09/2011 Placing of 292,307,687 new shares

Dilution RNS 01/06/2012 Placing of 105,000,000 new shares

Dilution RNS 06/11/2012 Placing of 154,673,512 new Ordinary Shares

6,256,608 Ordinary Shares in lieu of a cash payment due to its technical advisors, for work completed during the last six months, at a price of 2.27 pence per Ordinary Share;

ii) 63,500,000 Ordinary Shares to the Trustee of the VOG Employee Share Ownership Plan, in accordance with the terms of this scheme; and



Number of new Ordinary Shares allotted

Kevin Foo 728,904

Robert Palmer 177,180

Plus £2,000,000 drawdown of £10,000,000 SEDA



RNS 21/12/2012 - Placing - The Company has allotted 21,832,533 Ordinary Shares in lieu of a cash payment due to a major Cameroon supplier, for work completed during the year, at a price of 2.25 pence per Ordinary Share.



The aforementioned figure of 2,861,390,776 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, VOG under the Financial Services Authority's Disclosure and Transparency Rules.

Dilution RNS - 6 February 2013
placing of 1,465,329,020 new ordinary shares ("Placing Shares") at a price of 1.6 pence per share

RNS - dilution 16 November 2015
Victoria Oil & Gas Plc, announces that application has been made for the admission of a total of 341,926 new ordinary shares of 0.5p each ('New Ordinary Shares') to trading on AIM ('Admission').

[tr4v2] 11/12/2016 12:11

FACTS DON'T LIE - ONLY HOLDERS WITH A MASSIVE LOSS DO


RNS 17/02/2010

"It is also important to stress that our plan is to fund this leg of
Logbaba's development with debt or trade financing and not to tax further our
shareholders. We have already had interest from a number of local and
international banks in this regard and will be able to crystallise these as
solid data from the wells becomes available."



Then this.........................................



Dilution RNS 01/03/2010 Placing of 430,769,231 new shares

Dilution RNS 01/09/2010 Placing of 368,000,000 new shares

Dilution RNS 16/11/2010 Placing of 183,708,612 new shares

Dilution RNS 27/09/2011 Placing of 292,307,687 new shares

Dilution RNS 01/06/2012 Placing of 105,000,000 new shares

Dilution RNS 06/11/2012 Placing of 154,673,512 new Ordinary Shares

6,256,608 Ordinary Shares in lieu of a cash payment due to its technical advisors, for work completed during the last six months, at a price of 2.27 pence per Ordinary Share;

ii) 63,500,000 Ordinary Shares to the Trustee of the VOG Employee Share Ownership Plan, in accordance with the terms of this scheme; and



Number of new Ordinary Shares allotted

Kevin Foo 728,904

Robert Palmer 177,180

Plus £2,000,000 drawdown of £10,000,000 SEDA



RNS 21/12/2012 - Placing - The Company has allotted 21,832,533 Ordinary Shares in lieu of a cash payment due to a major Cameroon supplier, for work completed during the year, at a price of 2.25 pence per Ordinary Share.



The aforementioned figure of 2,861,390,776 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, VOG under the Financial Services Authority's Disclosure and Transparency Rules.

Dilution RNS - 6 February 2013
placing of 1,465,329,020 new ordinary shares ("Placing Shares") at a price of 1.6 pence per share

RNS - dilution 16 November 2015
Victoria Oil & Gas Plc, announces that application has been made for the admission of a total of 341,926 new ordinary shares of 0.5p each ('New Ordinary Shares') to trading on AIM ('Admission').