Victoria Oil & Gas Share Discussion Threads

[dusty101] 22/11/2021 17:08

With a bit of luck he’s joined his mate Jack Grimberg the lying thieving barsteward.

[fatnacker] 22/11/2021 08:05

Danny there's more chance of you entering a mental institution than Kevin Foo going to jail.

[dannythelark] 20/11/2021 20:26

Is Kevin Foo in jail yet for fraud?

[larry laffer] 19/11/2021 08:11

Kaz billionaire………suddenly grynburg passes.


Sounds familiar. We’re there any kgb tourists visiting his hometown at the time ?

[dusty101] 19/11/2021 06:33

With the sad news about the passing of Jack Grynburg, what’s the possibility of RSM selling there stake to the Kaz billionaire.
The arbitration would be cleared then allowing a possibility of a full takeover for Vog just before things here get really interesting, ie the power stations. Let’s face it, many have called Vog a dead duck but the Kaz billionaire keeps upping the dosh to keep things afloat. Obviously knows more than us shareholders do.

[deutsch4] 18/11/2021 23:00

Not that private then?

[spartyl] 18/11/2021 19:37

How much will it be sold for ?

[sparty1] 18/11/2021 15:57

Alan...speny.. do not get me confused (as you are) with the proven liar ray fenn who has now reappeared as spartyL.

VOG is now reverting to type. West Dead sale? Re Arbitration..

With the ancient Grim gone there is a fair chance his family will divest themselves of their interest in Cameroon....
shake the dust off. Good riddance .Either way his demise will not affect the date of publication of arbi.

[spartyl] 18/11/2021 15:21

Jack Grynberg head of RSM died last month.



This could explain why we have had no RSM arbitration news yet.

[spartyl] 18/11/2021 11:26

No AKSA news until Q1 2022 and the Etinde FID

Unless of course there is a big increase in 1P and 2P reserve number following the good news over LA 108 upper sands perforations.

[johncasey] 18/11/2021 03:10

biggie3..look back for date of rns..aska news soon

[johncasey] 18/11/2021 03:09

temporary blip..normal service resumed today..i topped up 3.6p yesterday

[speny] 17/11/2021 22:49

The news on well 108 was quite encouraging, however it does not change a great deal, they still don't sell enough gas to make a profit.

[spartac1] 17/11/2021 13:21

Ya couldn't make it up,pretty good news and they take it down.

[philippem] 17/11/2021 12:48

That's what the idea of the pre-agreement signed. To move forward VOG need to make sure they can provide enough Gaz and yesterday announcement is a good step forward.

[barony] 17/11/2021 12:19

Maybe they can sell the gas to the new Turkish power co. too.

[biggie3] 17/11/2021 11:30

John,
Date of message?

[johncasey] 17/11/2021 11:27

thats obvious

CAMEROON
On Monday 29th July, Gaz du Cameroun (GDC), a wholly-owned subsidiary of Victoria Oil & Gas (VOG) signed a non-binding term sheet with Aksa Enerji Uretim (Aksa Energy) to supply up to 25 million standard cubic feet per day of gas for the latter’s proposed power station.
The 150MW power station will be built in Douala, Cameroon near the Bekoko substation, which is close to GDC’s existing gas pipeline network. Earlier this month, Cameroon Minister of Water Resources and Energy, on behalf of the government of the Republic of Cameroon, signed a Memorandum of Understanding (MoU) with Aksa Energy to develop the power plant project.
VOG CEO Ahmet Dik stated: “Considerable progress has been made in our gas-to-power strategy, as evidenced by the term sheet signed with Aksa Energy, one of the largest global independent power producers. Upon commencement, which is planned for late 2020, production levels would dwarf the current level of gas sales and propel VOG into a profitable trajectory of growth which has always been our aim.”
Completion of the term sheet is subject to government approvals and the signing of a Power Purchase Agreement (PPA) by Aksa Energy with Eneo Cameroon (ENEO) or Sonatrel. Some of the key commercial terms between Aksa Energy and GDC include a gas price of $6.75 per metric million British thermal units for a term of 25 years, with an option to extend for an additional five years and 70 percent take or pay component.
With an operational base in the port city of Douala, Gaz du Cameroun is a fully integrated producer and distributor of onshore gas.

[speny] 17/11/2021 11:13

Spartyl- although yesterday's news was positive regarding well 108, who are they going to sell this additional gas too, and when do you think vog may turn a profit?

[johncasey] 17/11/2021 10:06

top up territory..get in!

[dil 21] 17/11/2021 08:46

What year ?

[johncasey] 17/11/2021 08:43

city traders not out of bed yet...wait until about 10am