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IN BRIEF: Victoria Oil & Gas Second Quarter Revenue Rises

Mon, 27th Jul 2020 15:12

Victoria Oil & Gas PLC - oil and gas producer with asset in Cameroon - For second quarter of 2020, net revenue rose by 19% quarter-on-quarter to USD6.8 million from USD5.3 million. Daily average gross gas sales rate for the quarter was 4.6 million standard cubic feet per day, down from 5.1 million standard cubic feet per day. For natural gas, it surged to 3,548 barrels from 1,343 barrels.

Current stock price: 3.59 pence

Year-to-date change: down 48%

By Eric Cunha; ericcunha@alliancenews.com

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