Victoria Oil reports recent progress on settlement with RSM

26th Oct 2022 13:52

(Sharecast News) - Cameroon-focussed gas and condensate producer Victoria Oil & Gas updated the market on settlement discussions between RSM Production Corporation and its wholly-owned subsidiary Gaz du Cameroun (GDC) on Wednesday.

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Victoria Oil sales rise as it works to resolve RSM dispute

22nd Jul 2022 12:55

(Sharecast News) - Victoria Oil & Gas, whose wholly-owned subsidiary Gaz du Cameroun (GDC) had operations located in the Cameroonian port city of Douala, updated the market on its second quarter on Friday.

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Victoria reports solid Q4 progress at Gaz du Cameroun

2nd Feb 2022 10:21

(Sharecast News) - Cameroon-focussed onshore gas producer and distributor Victoria Oil & Gas updated the market on fourth quarter operations at its Gaz du Cameroun (GDC) subsidiary on Wednesday, reporting an average daily gross gas sales of 5.3 million standard cubic feet of natural gas per day, up 6% on the third quarter.

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Victoria Oil gets extension to Matanda Block licence

23rd Dec 2021 11:59

(Sharecast News) - Cameroon-focussed Victoria Oil & Gas announced on Thursday that its wholly-owned subsidiary Gaz du Cameroun (GDC) has received, as operator, approval from the Minister of Mines, Industry and Technological Development for the extension of the Matanda Block licence.

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Victoria Oil files for arbitration with ENEO over non-payment

3rd Jul 2020 16:12

(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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Victoria Oil awaiting return of expat crew amid Covid lockdown

17th Apr 2020 12:10

(Sharecast News) - Victoria Oil & Gas updated the market on its operations in the first quarter on Friday, reporting a daily average of 5.1 million standard cubic feet per day of gas and 1,656 barrels of condensate as produced and sold to industrial customers in the period.

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Victoria Oil 'vigorously' defending claims raised by partner RSM

21st Feb 2020 10:24

(Sharecast News) - Victoria Oil & Gas updated the market on the arbitration between its wholly-owned subsidiary Gaz du Cameroun (GDC) and RSM Production Corporation - GDC's partner in the Logbaba concession with an 38% non-operated interest - on Friday.

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Victoria Oil & Gas subsidiary working through 'legacy' issues

5th Feb 2020 15:26

(Sharecast News) - Victoria Oil & Gas updated the market on its wholly-owned subsidiary Gaz du Cameroun (GDC) - the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon - on Wednesday.

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Victoria Oil & Gas reports increasing production at Logbaba

21st Jan 2019 12:49

(Sharecast News) - Cameroon-based gas and condensate producer Victoria Oil & Gas updated the market on the increasing production levels at its Logbaba Project on Monday, reporting an average production rate month-to-date of 8.5mmscfd as at 19 January.

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Victoria Oil & Gas confident of power supply resolution with ENEO

17th Aug 2018 10:15

(Sharecast News) - Cameroon-based gas and condensate producer and distributor Victoria Oil & Gas updated the market on its operations for the three months ended 30 June on Friday, reporting that its subsidiary Gaz du Cameroun remained confident of a resolution with ENEO Cameroon over the grid power supply issue.

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Victoria Oil & Gas achieves record monthly production in January

3rd Feb 2017 10:35

(ShareCast News) - Cameroonian energy utility Victoria Oil & Gas reported that it had achieved record monthly production in January and that a new pipeline to Bonaberi came onstream during the final quarter of 2016. After the extension of the Bonaberi pipeline, which provides gas to Doula, the large

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Victoria Oil and Gas appoints Ahmet Dik CEO

23rd Jun 2016 09:56

(ShareCast News) - Ahmet Dik was appointed chief executive of Victoria Oil and Gas (VOG) on Thursday. Dik, 43, was previously chief executive of the company's subsidiary Gaz du Cameroun (GDC). A lawyer by profession, Dik secured the grid power supply contract with ENEO, Cameroon's national transmiss

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Victoria Oil & Gas gets go-ahead for interest in Matanda

7th Apr 2016 16:32

(ShareCast News) - Integrated natural gas producing utility Victoria Oil & Gas announced on Thursday it had received approval from the Government of Cameroon for a 75% participating interest in the Matanda Production Sharing Contract to be transferred to its subsidiary Gaz Du Cameroun Matanda (GDC),

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Victoria Oil & Gas reports strong first half

29th Feb 2016 14:57

(ShareCast News) - Victoria Oil & Gas made a strong start to its financial year, updating the market on its six months to 30 November 2015 on Monday. The AIM-traded natural gas producer reported revenue of $18.9m (£13.6m) for the period, up from $11.6m in the six months to 30 November 2014. Adjuste

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Inland Homes founder pockets £1m in share sale

20th Nov 2015 16:06

(ShareCast News) - The man at the top of Inland Homes cashed in on some of the company today, pocketing a cool £1m in the process. Stephen Wicks, who co-founded the development firm in 2005, sold 1.5m shares at 67.37p a piece. He has held on to 14.7m shares, though, representing a 7.27% stake in th

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