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Victoria Oil and Gas rose after it secured both more gas customers and a new lending facility. The company, which has assets in Cameroon and Russia, said a further four customers had been commissioned and have begun taking its gas. It now has 15 contracted customers using gas, with a further 10 c
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The FTSE Small Caps index closes flat after a half-day session, lagging modest gains by the FTSE 100 and FTSE 250 indexes, up 0.2 percent and 0.3 percent respectively in thin pre-holiday trade. Victoria Oil & Gas gains 1.1 percent, extending Friday's 2.5 percent advance, as HB Markets repeats its "s
Read moreAIM listed oil and gas exploration outfit Victoria Oil&Gas on Friday morning raised its production guidance for thermal energy provision by the end of the year and flagged the potential to double its contracted numbers over the next twelve months. The firm, which has assets in Cameroon and in the f
Read moreSound Oil jumped 16% after it said received approval key environmental approvals from regional authorities in Italy to re-start gas production at its Rapagnano field. It is expected that the final approval from the Italian Ministry of Economic Development will follow in a month, the firm said. Ope
Read moreBerkeley Mining Resources dropped 8% after it failed to complete due diligence on two copper tailing clusters at Chingola in Zambia. The company recently signed an agreement on one site in the area and investors had hoped a deal on the other two would be forthcoming. Berkeley said it continued to n
Read moreShares in aviation support service group BBA Aviation are a few pence off their 52-week high, so it was not a bad time for Group Chief Executive Simon Pryce to get shot of a pile of shares awarded under the firm's long term incentive and bonus plans. Pryce jettisoned 323,613 shares at 215.55p each
Read moreShares in Victoria Oil and Gas (VOG) were given a boost after the firm's flagship Logbaba site delivered its first commercial gas production on schedule. The firm's wholly owned subsidiary made the delivery to customers on the Magzi Industrial Estate in Douala, Cameroon, on 17 December. VOG's Exe
Read moreVictoria Oil and Gas (VOG), the AIM listed exploration company with assets in Cameroon and the former Soviet Union, says it is on track to make its first gas sales by the end of 2011. The production facilities at its Logbaba site, which will treat the gas from the wellheads and separate condensate,
Read moreBob Spooner, group operations director of Premier Foods, has served himself £13,350 worth of shares, just days after the struggling firm was given a bit of breathing space by its bankers. The bankers have agreed to defer the company's end-of-year loan covenant tests by three months, in a move which
Read moreVictoria Oil and Gas, which has interests in Africa and Siberia, narrowed its operating losses from $5.9m to $4.3m for the year ended 31 May. Loss before and after tax narrowed to $4.70m from $6.11m the year before. This equated to a loss per share of 0.26c, significantly lower than at the same
Read moreVictoria Oil and Gas, which has interests in Africa and Siberia, has raised £9.5m through the placing of more than 292m new ordinary shares at 3.25p each. The funds generated by the share issue will be used to complete the development of the Logbaba gas project in Cameroon following the increase i
Read moreVictoria Oil and Gas reported "very good" results at its Logbaba gas and gas condensate project in Cameroon. The firm also said that its resource estimates for its oil and gas project in Russia have increased. The share price rose almost 10% after the group made the announcement, in which it said
Read moreVictoria Oil and Gas, which has interests in Africa and Siberia, has increased its stake in the Logbaba gas project in Cameroon. The acquisition of part of a royalty interest from PR Marriott Drilling has cost it $2.5m in cash and $1m in drilling equipment, with a further $2.5m to be paid within 90
Read moreVictoria Oil & Gas (VOG), the AIM quoted oil and gas company, said it had taken almost full control of a gas field in Cameroon after its partner failed to make payments under a cash call agreement. VOG said it had increased its effective working interest in the Logbaba field in Douala, Cameroon, to
Read moreStockbroker WH Ireland made pre-tax loss of £0.3m in the 12 months to November, much less than the £2.1m deficit reported the year before. Turnover fell 25% to £18.4m, but the new financial year has started well, in line with the firm's internal budget and much better than for the previous year.
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