Volga Gas Share Discussion Threads

[saturdaygirl] 20/4/2011 22:35

Check out the Russian girls at Bicardi`s Istanbul .

If you happen to be passing LOL

[djalan] 20/4/2011 22:30

We've shared bad East European experiences before

I don't mean that weekend in Prague btw

Nor those two Russian girls, the deck-chair attendants

[saturdaygirl] 20/4/2011 22:23

LOL i won`t buy then .... !

[djalan] 20/4/2011 22:20

Sky
Hi, yes I think so -- just look at the fundies

Only 81 million shares, no debt, "£24Million in the bank

We decided on no more expensive deep exploration holes -- the last one, no oil and cost a packet

Steady production from now on in

Just watch though, I'll feel safer
LOL !

jal

[saturdaygirl] 20/4/2011 22:13

Jal the 50 seems to be rounding off ..will the GC happen ??

Watching from a distance !

[djalan] 20/4/2011 22:00

Chart bullish

[anusol] 18/4/2011 15:17

Easy to see why the buys are flooding in - just reread the March annual report and it reminds you of the potential for exceptional news here in the coming months:

------------------------
Current trading

Since the beginning of 2011, oil production from the Uzenskoye field has been steady at approximately 1,300 bopd. We have not experienced any more of the significant weather-related disruptions which impacted our oil production early in 2010. With oil sale prices having increased further since the start of the year and costs remaining relatively low, Volga Gas continues to enjoy positive net operating cash flow.

Outlook

Key activities for 2011 will include ongoing management and development of existing production. The Group's priority is to bring the VM field into production as soon as possible after the commercial and legal matters with Trans Nafta have been resolved. Drilling activity in 2011 includes an exploration well on the Urozhainoy-2 Licence Area, and a development well on the Uzenskoye oil field. The budgeted cost of these two wells is US$5.5 million.

Certain fiscal changes have been included in draft legislation in Russia. These include proposals that could substantially reduce the tax burden on small oil fields. Based on current draft legislation, we anticipate the Uzenskoye field will benefit from these anticipated changes.

We look forward to delivering a successful new stream of production and to pursuing the other growth opportunities that we see for the business.

[tradermel] 18/4/2011 12:29

That is indeed an awful lot of buys for no price rise. Unusual in this share.

[eric76] 18/4/2011 11:41

Very strong buying here for a down day, the AT trades seem to have gone berserk this morning.
If it is off on it travels again it'd be good to see 135p cracked this time.

[djalan] 15/4/2011 21:31

I like the way they sell the crude oil

At the well head -- bring your own road tanker

[anusol] 12/4/2011 08:28

Short supply I would guess? Been ongoing small scale buying pressure for a few weeks now. Guessing most holders happy to sit tight

[corrientes] 12/4/2011 08:03

Don't usually get a leg up this early on such volume.

[pillion] 11/4/2011 12:40

VGAS is fancied here

[pillion] 11/4/2011 10:44

Low volume ?

Do all the trades show ?

My buy hasn't appeared yet

[eric76] 11/4/2011 10:36

Good to see a bit of interest on the bb here, its been pretty quiet whilst they've been slowly recovering like.
Notice the stocks passed through the 200dma today too, low volume but that seems to be the way here.
The moving averages tell quite a tale here by the by and you can see a definite pattern repeating from the first half of 2009. If history's anything to go by there may be quite a turnaround on the cards imo.

[pillion] 10/4/2011 23:34

Nice chart SSB, the SMA 87 looks convincing
Soon we will have a Gold Cross

[sideshowbull] 10/4/2011 22:02

No, IMO an ascending triangle which has made a first fake break, real break should be soon. Needs to hold lower support trend.
sideshow

[pillion] 08/4/2011 21:32

Is this a cup and handle ?

[eric76] 04/4/2011 11:33

I was keeping quiet til the EOD but the breakout looks to be well on so far. Very nice move today.

[corrientes] 04/4/2011 11:29

Carry on sir, but standing ovations should wait till later.

[anusol] 04/4/2011 11:09

Am I allowed to speak yet... whooosh

[tradermel] 03/4/2011 19:52

That was a rather nice movement last week. It is something I have been hoping for and can see more to come yet, short term. Longer term, well that depends on the VM field increasing the cash flow.

[corrientes] 01/4/2011 13:01

Shush, during the performance of 'rerating'

[anusol] 01/4/2011 12:23

Come on guys, looks like monkey has been caught already !
10% movement already :-)
128p new buy-in price

[corrientes] 29/3/2011 08:29

Slowly, slowly, catchy monkey with this one it seems, but I think they'll pull a rabbit out of the hat quite soon.