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Victoria Oil & Gas Chief Executive Stands Down

Mon, 30th Sep 2013 09:25

LONDON (Alliance News) - Victoria Oil & Gas PLC Monday said Chief executive John Scott will stand down for personal reasons, but will remain with the company "for a suitable time" to ensure a smooth handover.

The company's shares were down 12% at 1.1 pence Monday morning.

By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Victoria Oil & Gas gets USD5.0 million in Eneo settlement

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IN BRIEF: Victoria Oil & Gas unit issues GBP1.3 million loan note

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Victoria Oil & Gas Names Director Collins As Finance Boss

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Victoria Oil files for arbitration with ENEO over non-payment

(Sharecast News) - Victoria Oil & Gas updated the market on the gas sales agreement between its wholly-owned subsidiary Gaz du Cameroun (GDC), and ENEO Cameroon, on Friday, reporting its termination of the supply deal due to non-payment.

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