Victoria Oil & Gas Share Discussion Threads

[hermanngoring] 28/4/2019 20:56

Q1 update tomorrow or Tuesday.

[avsome1968] 28/4/2019 20:36

Excellent Hernann looking forward to Q1 update

[hermanngoring] 28/4/2019 18:27

Some new research:

[hermanngoring] 27/4/2019 10:55

Recent fund raising means they are not on life support.

Q1 update very soon.

Also will be cash flow positive now with 12-13 mmscf/d average per day.

[dannythelark] 27/4/2019 09:27

Nobody knows if the company is in life support or not. But the one interesting pointer is they are deadly silent which to me screams of closure. Going by past history nothing would surprise me with this crowd.

[hermanngoring] 26/4/2019 11:29

VOG is not on life support at all.

[dannythelark] 26/4/2019 11:12

All history now.. VOG on life support after all the bloodsuckers involved have cleaned it out.

[dan de lion] 25/4/2019 23:55

Considering that VOG had a twenty year lease on West Med, there cant be that much time left on it.

[hermanngoring] 25/4/2019 20:31

The West Med Sale/Insurance claim has no bearing on VOG's future.


There have been some offers for West Med but way too low.

Bottom line increased gas sales is what we need in Cameroon.

[dusty101] 25/4/2019 17:55

I’m not doubting Vog in the long term as to signing up more Customers/Power Station etc, it’s more to the West Med sale. I mean four years plus and not one offer. Come on. I bet this so called insurance claim goes down the same road. All talk and no end result.

[hermanngoring] 25/4/2019 17:17

some chunky buys yesterday

[dan de lion] 25/4/2019 17:09

Some chunky sells today.

[hermanngoring] 25/4/2019 17:05

FFS Dusty

VOG has the gas.

A single decent power deal could blow VOG into orbit.

It will happen at some point.

No nerves here.

If your not happy move on.

Go buy a share that can't find commercial hydrocarbons and no customers. Plenty about.

[dusty101] 25/4/2019 16:34

No looking to good here again, need a positive update to settle a few nerves here. Trouble with Vog it’s been all talk for many years, and still is. West Med sale, 4 years and counting. Insurance claim, nothing in the last year. Talking about CNG project/ energy Wells more Power Stations coming in line. How many more years is it going to take for anything to happen. The only thing that’s happened over the years is dilution dilution dilution.

[alangrifbang] 25/4/2019 16:08

This share now looks as bad as when foo was in charge ,

[hermanngoring] 25/4/2019 13:58

ur english is shocking

are you an immigrant ?

[biggie3] 25/4/2019 13:44

Short after well was GO, ENEO stopt paying and chareprice sunck.
Then party's bought big stake into company, delution.
That smells very bad (not be against drugs)

[hermanngoring] 25/4/2019 13:24

Foo deceived nobody

He made estimates for gas sales nothing more and nothing less.

Lots of other companies give forecasts and fail to meet them you know.

[hermanngoring] 25/4/2019 09:51

Johnmp

Before ENEO came back online in Dec 2018 they had paid all their outstanding invoices.

This was a condition that had to be met before re-connection.

Go read previous RNS's.

[jam2day] 25/4/2019 09:41

Who said that ENEO had not paid what they owed !!

[m5] 25/4/2019 09:37

Good points.

[johnmp] 25/4/2019 04:41

VOG would be forced to put out a statement if the payments were not up to date, so they must be up to date.
Question though have ENEO payed up what they previously owed? I suspect not otherwise we should have been told?

If ENEO have not been paying, the board would be failing in their duty to shareholders so could be sued, not being paid would massively effect the share price in a negative way.

If ENEO have paid back previously owed money to VOG and the board had not told the shareholders then again they would be failing in their duty to shareholders and could be sued, being paid the owed money would effect the share price in a positive way.

The board do not have to tell anything if no change in status. Similar I expect VOG to still be pumping at the last stated RNS, give or take 10%. If the change was up/down 25% then I believe the board would have to tell the shareholders.

From the little that is out, they look like they are slowly increasing output?
Hopefully soon we will get an official update and then we will know what is going on.

Hopefully onwards and upwards?