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VOGTue, 04th Jun 2019 14:23
LONDON (Alliance News) - Victoria Oil & Gas PLC on Tuesday said subsidiary Gaz du Cameroun SA has inked an agreement with Weatherfords Services & Rental Ltd to extinguish outstanding debt.
The unit has made a full final payment of USD1.4 million to settle the debt.
Victoria Oil & Gas shares were trading down 1.7% at 11.89 pence each Tuesday afternoon.
Victoria Oil & Gas Cameroon subsidiary paid USD5.1 million settlement
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(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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