Victoria Oil & Gas - Reserven ver-130-facht !!!!! - 500 Beiträge pro Seite

[Kusoke]

Victoria Oil & Gas: Eine Studie hat nachgewiesen - Reserven haben sich wahrscheinlich ver-130-facht !!!! Der Kurs nur verdoppelt. Also noch besteht die Chance, billig ranzukommen... Hier die Meldung:

Half a Trillion Cubic Feet Gas Resource discovery at West Medvezhye, Russia
confirmed by DeGolyer & MacNaughton


Half a trillion cubic feet (“Tcf”) recoverable gas resource confirmed by independent consultants DeGoyler & MacNaughton (“D&M”) from first discovery well

D&M predict a maximum upside estimate of 2.3 Tcf, a 130 fold increase from 16.6 billion cubic feet reported by the Company in August 2005

Three further exploration wells to be drilled by mid 2006 to explore additional gas potential and to upgrade resources into reserves


The Board of Victoria Oil & Gas Plc (“Victoria” or “the Company”)(tic:VOG), the AIM-quoted oil and gas company, announces that resources of half a trillion cubic feet of recoverable gas have been confirmed by independent specialists D&M from discovery Well 104 at the Company’s West Medvezhye gas and condensate project. The project is located in the Yamal Nenetsk Region of Russia, a region which contributes around 20% of global gas production annually.

D&M is an international oil and gas reservoir auditor and the chief reserve auditor for many major Russian producers including Gazprom and Novatek. Using data obtained just from Well 104 at West Medvezhye a resource range has been established by D&M that estimates a maximum amount of 2.3 trillion cubic feet of recoverable gas resources present. This is over 130 times the previous maximum estimate released by D&M in August 2005 of 16.6 billion cubic feet.

Recoverable Resources

The D&M volume range of recoverable resources below is based on an independent interpretation of the data gathered from Well 104 in August 2005 that recorded two productive gas intervals at depths of 610 and 1,100 metres:


Low
Expected
High

Recoverable gas
92.3 Bcf
500.8 Bcf
2.3 Tcf

Attributable recoverable gas resources per share
0.8 Mcf
4.6 Mcf
20.7 Mcf


*Mcf: Thousand cubic feet Bcf: Billion cubic feet Tcf: Trillion cubic feet

*Attributable gas resources per share based on Victoria’s 74.8% of the project and its current number of shares outstanding of 81.9 million

Commenting on the results today, Executive Director William Kelleher said; “Today Victoria has had a recoverable gas resource of half a trillion cubic feet independently confirmed at our premier asset, located in Russia . This resource potential is based on just one discovery well. In 2006 Victoria will proceed with the drilling of three additional wells at West Medvezhye . Successful tests of these wells will enable us to reclassify current resource volumes into reserves and to explore further the resource potential of this significant project in one of the world’s premier regions for gas and gas condensate production”.

Kevin Foo , Chairman, said, “Half a Tcf from our first well and more to come. This discovery could underpin our transformation into a mid-cap company.”

Reclassification of the above mentioned resources into reserves is conditional on a successful well test of the existing Well 104 and the drilling, completion and successful testing of additional wells.

http://www.em-forum.com/viewtopic.php?p=310#310

Die Chance, einen Aufsteiger (noch) relativ günstig zu bekommen...

Kusoke

[Kusoke]

Gleich noch was hinterher...

Sehr interessante Truppe, die Jungs von Victoria Oil & Gas - der Director hat bei Yukos "gelernt", der Chairman sitzt gleichzeitig bei Celtic Resources und Eureka Mining...

Hier die aktuellen Projekte:

Celtic Resources Oil & Gas Assets

Purchased for £2m in Victoria shares and £0.3 m debt
Tamdykol project, west Kazakhstan
Royalty interest in 2 UK Offshore gas plays
10% interest in UK onshore play
Celtic’s E&P team in Kazakhstan – will run Victoria’s E&P Division

West Medvezhye Field – Russia

74.8% for US$8m cash and $3m shares
1224 sq km license, near Nadym, Yamal region. Gas and gas condensate.

Medvezhye Field: produced 52 TCF gas, 535mbbl condensate from 1300-2100m

Orengoy- 130km east produced 135 TCF and is largest gas field in world

Seismic work indicates: 4.4TCF and 200mbbl condensate

Kemerkol

Kemerkol currently has 3 productive wells at depths of 1,200m - 1,400m
Current shut-in production of 133 bpd, but target production of over 4,000 bpd within 3 years
The project lies 20km from the KazTransOil Pipeline and 10km from the Mukur railway station
Minimum Work Programme includes 14 wells drilled over 6 years
Final completion of this project is still subject to approval for transferral of licence by Kazakh government


Kusoke

[FANNIEMAE]

schaut sehr gut aus. Thanks.

[Startrader69]

Heute + 50% Glückwunsch!