Victoria Oil & Gas Share Discussion Threads

[tom111] 17/2/2017 10:54

didn't get that can u repeat

[highasakite] 17/2/2017 10:36

Get this impersonater off here fatty !

[fatnacker] 17/2/2017 09:51

I would say so, it slows down quite a bit at this stage though.

[highasakite] 17/2/2017 09:47

Drilling should be well into the gas rich logbaba sands by now

[fatnacker] 17/2/2017 09:45

just look at that graph, a close at 62.5p would be cracking, it is Friday though.

[highasakite] 17/2/2017 09:19

120p soon lads !

[baticle] 17/2/2017 09:08

I think they had roughly $ 100M Cash, not to mention assets

[fatnacker] 17/2/2017 09:07

I think they are too but as we already know things don't happen overnight in Africa, I think blvn's Bomono exploration well disappointed which is why they didn't jump in and develop the asset, perfect for us though.

[broncowarrior] 17/2/2017 09:01

Is BLVN's cash higher than its market cap at the moment? If so can see why this company is attempting it, would be a simple asset strip. Think the problem is BLVN are taking too long.

[fatnacker] 17/2/2017 08:49

it is indeed, Bomono is about the size of Matanda and both dwarf Logbaba.

[deanroberthunt] 17/2/2017 08:41

jeez, if you think about it, the potential here is absolutely enormous

[deanroberthunt] 17/2/2017 08:40

and who are experts at gas wells and have rigs mobilised in the area?

[fatnacker] 17/2/2017 08:37

see the web site map drh, its an adjoining property, its a perfect fit for us and of no use to anyone else currently.

[deanroberthunt] 17/2/2017 08:18

don't really follow BLVN, but I presume Bomono is a Gas Field ? right ?

[fatnacker] 17/2/2017 07:39

From bowleven website: " Until a binding agreement is reached on a farmout transaction for Bomono, it would be premature, inappropriate and in breach of commercial confidentiality obligations for the Company to publicly disclose details of negotiation. The Board, having taken advice to this effect, is entirely comfortable that it has complied in all respects with its disclosure obligations in relation to Bomono."