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VOGThu, 23rd Jun 2016 09:56
LONDON (Alliance News) - Victoria Oil & Gas PLC Friday said it has signed a USD10.0 million loan agreement and customs bond facility between its Cameroonian operating subsidiary, Gaz du Cameroun SA (GDC) and BGFIBank of Cameroon. The principal facility of USD8.3 million will be deployed by
Read moreExplorer and producer Victoria Oil & Gas (VOG) signed two key customer agreements and received cash from an arbitration to make up for flat daily production levels as a customer's expected plant was not delivered. AIM-listed VOG, which has interests in Cameroon and Siberia, signed a collaboration a
Read moreVictoria Oil & Gas reported a maiden annual revenue of nearly seven million dollars after a transitional year in which moved from an exploration to a production company. The AIM-listed group generated revenue of $6.93m in the year ended May 31st, derived from its flagship Logbaba gas and condensate
Read moreThe Acting Chief Executive of Victoria Oil & Gas (VOG) has pledged to turn the Cameroon-focused group around after its Chief Executive Officer (CEO) quit. Chairman and Interim Chief Executive Kevin Foo said in a letter to shareholders that he would lead the group and launch a restructuring followin
Read moreVictoria Oil and Gas shares rose Thursday after the company said it expects to complete the Phase-2 pipeline from the Logbaba gas field in Cameroon in the third quarter of this year. The company also anticipates it will have 25 thermal gas customers connected by the year-end. Funding of £23.4m was
Read moreVictoria Oil & Gas has appointed John Scott as the Chief Executive Officer with immediate effect. The oil and gas exploration company, with assets in Africa and the Former Soviet Union, has not had a chief executive since Tony Porter in 2007. Scott joins the group from Indus Gas where he was the
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Feb 26 (Reuters) - Emerging market-focused explorer Victoria Oil and Gas Plc said it appointed John Scott as its new chief executive, with immediate effect. The oil and gas explorer, which has not had a chief executive since Tony Porter in 2007, said Scott had joined the company from Indus
Read moreShares in Cameroon-focussed mining company Victoria Oil & Gas fell sharply on Wednesday after the company reported it had oversubscribed a 23m pound equity placing. The AIM-listed company reported that it had raised £23m of equity and was fully funded to meet its long-term corporate objectives to m
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