1 June 2007drilling progress report● Neutral
Fall River Resources re-releases news that West Florence-1 has 4.5 inch casing set at 1,956 m, with log analysis continuing to pick zones to test. Duplicate of Victoria's release.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 May 2007drilling progress report● Neutral
Fall River Resources re-releases the West Florence-1 total depth of 1,957 m and log analysis plan. Duplicate of Victoria's release; no new information.
29 May 2007drilling result● Neutral
West Florence-1 reached total depth of 1,957 m, shallower than the planned 2,134 m, and wireline logs were run. Hydrocarbon shows were seen while drilling; their significance is still being assessed, so no result yet.
25 May 2007drilling progress report● Neutral
West Florence-1 is at 1,781 m, nearing the Muddy J target at about 1,800 m. The participant table now shows Mountain at 25% plus a 15% private American interest, replacing the earlier 40% for Mountain; Victoria stays at 25%.
25 May 2007drilling progress report● Neutral
Fall River Resources re-releases the West Florence-1 depth of 1,781 m. Duplicate of Victoria's release; no new information.
24 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,730 m toward 2,134 m total depth; main Muddy J target about 1,800 m is close. Routine update with no new result.
24 May 2007drilling progress report● Neutral
Fall River Resources re-releases the West Florence-1 depth of 1,730 m. Duplicate of Victoria's release; no new information.
23 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,658 m toward 2,134 m total depth; main Muddy J target about 1,800 m. Routine update with no new result.
23 May 2007drilling progress report● Neutral
Fall River Resources re-releases the West Florence-1 depth of 1,658 m. Duplicate of Victoria's release; no new information.
22 May 2007investor presentation● Neutral
Media release says Victoria has a 20-well program over eight months (14 Australian, six US). Management targets Cooper gross oil rising from 250 to 1,000 bopd by year end; West Florence-1 reported at 1,519 m on 21 May. Mostly repeats known facts.
21 May 2007drilling progress report● Neutral
West Florence-1 is at 1,343 m toward 2,134 m total depth; main target about 1,800 m. Routine update with no new result.
21 May 2007investor presentation● Neutral
Victoria lodges its corporate presentation for the Excellence in Upstream Energy Conference on 22-23 May 2007. The provided text is mostly general energy-market background and is truncated; no new company results are visible.
18 May 2007drilling spud● Neutral
Sun Resources says Agavero #1, the first of the final three shallow Margarita wells, should spud at the weekend. Victoria holds 20%; Agavero mean potential is 0.7 bcf. The program is expected to run to end August 2007; deep wells could follow late September quarter if Empyrean exercises its option.
18 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,334 m toward 2,134 m total depth; main target about 1,800 m. Routine update with no new result.
18 May 2007drilling progress report● Neutral
Fall River Resources re-releases the West Florence-1 depth of 1,334 m, adding wording that the 100-200 bcf gas and 15 mmbbl oil figures are prospective resources with no certainty they are present. Otherwise duplicate of Victoria's release.
17 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,306 m toward 2,134 m total depth; main target about 1,800 m. Routine update with no new result.
15 May 2007joint venture update● Neutral
Partner Sun Resources announces the new Redback joint venture in South Texas with Wandoo: Sun 37.5%, Victoria 37.5%, Wandoo 25%. Sun and Victoria fund a US$360,000 six-month seismic evaluation; first drilling aimed for late December quarter 2007. Duplicate of Victoria's own release.
15 May 2007joint venture update▲ GoodMajor
Victoria enters the Redback gas exploration joint venture in South Texas with Wandoo (operator, 25%), holding 37.5% alongside Sun at 37.5%. Victoria and Sun fund a US$360,000 six-month seismic review, with at least 7 prospects already seen; first well aimed for December 2007.
15 May 2007drilling progress report● Neutral
Fall River Resources re-releases the West Florence-1 depth of 1,237 m (as at 14 May). Duplicate of Victoria's release; no new information.
15 May 2007drilling progress report● Neutral
Growler-2 is still waiting on weather at 108 m after rain; drilling may resume in 3-4 days. Re-states earlier Growler resource figures and management's Jurassic oil fairway claims. No new result.
15 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,295 m toward 2,134 m total depth; main target about 1,800 m. Routine update with no new result.
14 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,237 m toward 2,134 m total depth; main target about 1,800 m. Routine update with no new result.
11 May 2007drilling progress report● Neutral
Fall River Resources re-releases the West Florence-1 depth of 1,170 m. Duplicate of Victoria's release; no new information.
11 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,170 m toward 2,134 m, with the main J sandstone target at about 1,800 m. Victoria holds 25%. Routine update with no new result.
10 May 2007drilling progress report● Neutral
Fall River Resources reports West Florence-1 at 1,078 m and raises the stated oil potential to about 15 million barrels combined across three formations. Duplicate of Victoria's release.
10 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 1,078 m. Oil potential is now stated as about 15 million barrels cumulatively across the Pierre, Niobrara and Codell formations, alongside 100-200 bcf of gas potential, if present. Victoria holds 25%. No new result.
10 May 2007drilling spud● NeutralMajor
Growler-2, an appraisal well 705 m from the Growler-1 oil discovery, began drilling 8 May 2007 and is waiting on weather at 108 m; planned depth 1,785 m. Victoria operates with 40%. Growler P50 oil in place is 5.7 mmbbl, 1.4 mmbbl recoverable.
9 May 2007drilling progress report● Neutral
Fall River Resources reports West Florence-1 drilling ahead at 904 m. Duplicate of Victoria's release; no new result.
9 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 904 m toward 2,134 m total depth; main target at about 1,800 m. Routine update with no new result.
8 May 2007drilling progress report● Neutral
West Florence-1 is drilling ahead at 684 m toward a planned 2,134 m total depth, with the main J sandstone target at about 1,800 m. Victoria holds 25%. Routine update with no new result.