Victoria Oil & Gas Share Discussion Threads

[tr4v2] 28/2/2018 17:07

This is going BUST

[highasashite] 28/2/2018 14:53

Sub 30p coming. Unless bust before that.

[cyan] 26/2/2018 13:24

Sorry. Should have scrolled back . GLA

[highasakite] 26/2/2018 13:17

Cyan

I posted this Malcy news at 1153am.

[cyan] 26/2/2018 13:11

VOG is in Malcy's bucket list.

[highasakite] 26/2/2018 12:59

Because Malcy knows ENEO situation will be resolved soon.

[robbiekeane] 26/2/2018 12:57

To be fair, it was on the VOX podcast that he was dropping VOG - but Malcy has changed his mind after further discussions with the company.

[highasakite] 26/2/2018 12:37

DRH wrong again !

[highasakite] 26/2/2018 11:55

"The only unchanged stock after a year of ups then downs is Victoria Oil & Gas which might surprise some readers. Difficult operating conditions eventually gave way to success as the wells at Logbaba eventually came in and the power generation and tariff market in Douala were to be profitably served by the patient building of the pipeline and distribution system. Unfortunately a dispute between the Government and power generator ENEO has led to this power generation client to be suspended which as 53% of their business means a significant cut to revenues for VOG. If I thought that this situation would not be sorted out for the better I would take the company out of the bucket list but call me old fashioned I think that, especially in an election year the population will not take kindly to 10-15 blackouts a day as is happening at the moment. In the meantime they are continuing to build their, more profitable, corporate business who now with so many blackouts will need more on site power generation which VOG can supply."

[highasakite] 26/2/2018 11:53

Malcy retains the mighty VOG in his 2018 bucket list.

[highasakite] 26/2/2018 11:25

Cheap as chips.

Fill your boots.

120p soon.

[bostonborn] 25/2/2018 12:48

The tone of this discussion is unprofessional, and puerile. In the past it has caused many top investors to leave ADVFN.

[peterpowell21] 24/2/2018 12:02

I see this year is THE YEAR OF THE DOG.
Well to listen to fatty and HAAK it's been the year for this dog every year.
But i do believe that this will be the year that even those two clowns finally come to there senses and see that this DOG is soon to be put down, and they can move on and forget about this nightmare. wolf wolf.

[peterpowell21] 23/2/2018 16:05

dear me what a foul mouth you have.
almost as foul as this share.
I think sub 30p is being kind.

[highasakite] 23/2/2018 15:48

Cameroon gas talks with DPDC and Grenor to expand customer base

February 22, 2018 by Energies Media

Dibamba Power Development Company (DPDC) and the Norwegian Grenor would consider building thermal power plants to generate electricity from gas in Douala
Gas du Cameroun (GDC) could soon supply two independent power producers with natural gas, Energies Media learned via a report released last week by the company.

The subsidiary of the British firm Victoria Oil and Gas PLC (VOG) is in talks with Dibamba Power Development Company (DPDC) - a subsidiary of Britain's Globeleq - and the Norwegian group Grenor for the supply of natural gas to them.

DPDC has a thermal power station of 88 MW in Yassa (Douala), fueled by heavy fuel oil; and Grenor is working on a 150 MW thermal power station project, still in the Littoral region. This plant will be supplied with natural gas .

The potential entry of these independent power producers into GDC's customer portfolio will substantially increase the amount of natural gas distributed by this VOG subsidiary and impact its financial health.

Its largest current customer, the concessionaire of the public electricity distribution service, ENEO , has suspended the supplies of its 50 MW power plant since early January 2018 for cash tensions. ENEO supplies accounted for 53% of the sales of the Logbaba gas field - operated by GDC - for the 2017 financial year. Without the resumption of the partnership with ENEO, the company has difficulties in implementing the development plan of its subsidiaries. capabilities.

Gaz du Cameroun is the only natural gas distributor in Douala, the economic capital of Cameroon. GDC operates in the Logbaba gas field and has been serving a pipeline since 2012 with the industrial areas of Bassa and Bonabéri , in addition to ENEO.

[paranoiabluedr] 22/2/2018 17:43

Good grief, so much pond life, all a bunch of c*nts.

Genuine investors know where this is going, just a bit longer.

[highasashite] 22/2/2018 16:01

Sub 30p cometh.