Victoria Oil & Gas Share Discussion Threads

[rayfenn] 25/10/2021 11:39

ask Foo directly:


[e-mail]

[larry laffer] 25/10/2021 10:25

Danny

I believe it was 6

A gas producer
A web designer
A drilling company
An oil exploration company
A pipe laying specialist company
A South African export company

All under the umbrella of a company in one of the tax havens in the Caribbean.

Did you find anything else in the Pandora papers besides these relating to Him.

[rayfenn] 25/10/2021 09:16

West med sale will happen.

VOG will only become profitable with a big power deal like AKSA which is what I have always said

[dannythelark] 24/10/2021 21:59

How many shell companies did the thief Kevin Foo set up?

[biggie3] 23/10/2021 16:33

Deus ex machina?

[sparty1] 23/10/2021 11:43

yeh ,and they have been talking about the sale of west dead for longer...oh ,and "profit".

[rayfenn] 22/10/2021 14:25

The nutters have been talking about a placement every day since the last one in early Feb 2019.


It never happens and there is no need for one.

[sparty1] 22/10/2021 14:02

or a placement.. lol.

[dusty101] 22/10/2021 09:00

Followed by the sale of West Med.😂

[rayfenn] 22/10/2021 08:36

early next week now

[partner] 22/10/2021 08:26

Pity about the 7am RNS .

[rayfenn] 21/10/2021 19:43

RNS 7am tomorrow

defo defo defo

[rayfenn] 20/10/2021 18:18

dusty

In the financial year ending Dec 2020 VOG generated $3.5 million cash from operations.


VOG are keeping their head above water just fine.

We all know a power deal is needed and it will come.

It can't come before the Etinde FID which is due in Q1 next year.

[sparty1] 20/10/2021 13:39

Who gives a ...? Maybe people should research before diving into a black hole..

[dusty101] 19/10/2021 21:23

Gas or oil who gives a f uck. Have we sold West Med yet. Nope. Are we making enough cash to keep our heads above water. Hmmm. Gas prices at record levels, Vog desperately need to supply gas to a power station to make this project work. Foo’s still a c unt by the way. Dannythelark, are you still investigating Foo’s lying thieving scam.

[rayfenn] 18/10/2021 17:38

FFS

West Med is oil and not gas.

[rayfenn] 18/10/2021 16:59

In another ICC arbitration filed in October 2018, which RSM amended in August 2019, RSM is asserting material claims primarily related to final invoices for the drilling of the two wells, La-107 and La-108, and certain audit exceptions raised by RSM following audits of the Logbaba operations between 2015 and 2018. RSM has made two attempts to obtain interim rulings which GDC has successfully defended and the substantive matter is currently scheduled for hearing at the end of January 2021.

Separately, on 3 February 2020, RSM filed an arbitration application under UNCITRAL Rules pursuant to a Participation Agreement for the project. Much of the relief sought in this second arbitration duplicates the new claims in the ICC arbitration save that it also challenges the validity of cash calls GDC issued in November 2019 for RSM's share of expenses in relation to the La-108 well remediation (in aggregate $2.9m) and raises issues relating to the primacy of the underlying governing documents relating to the Logbaba project, and the process of approvals for certain actions of GDC as the Operator on the Logbaba project. This arbitration will be heard in London under Cameroon Law.



Arbitrations under ICC and UNCITRAL rules are confidential processes. VOG is not permitted to provide detailed comments on them, beyond saying that it continues to vigorously defend the claims raised by RSM.







Given the second UNCITRAL arbitration has been settled my guess is the first arbitration is being thrashed out to a conclusion by both parties and that is why we have had no news yet. Parts of the second arbitration where part of the first arbitration remember.

[rayfenn] 18/10/2021 12:52

BIG NEWS COMING.


HOLD ON TO YOUR HAT


10p soon

[rayfenn] 18/10/2021 11:16

Arbitration part 1 result was due in Aug, then Sept..... who knows.

Q3 update due
H1 results due
matanda farm out ?
Arbitration news ?
West med sale ?