Victoria Oil & Gas plc (Victoria Oil) is an independent oil and gas company. The company acquires, explores and develops oil and gas properties. It has 95% interest in the Logbaba gas and condensate project located in Cameroon; and 100% interest in the West Medvezhye oil and gas project located in Siberia, Russia. Victoria Oil operates through its subsidiaries including Victoria Petroleum Limited, Victoria Oil & Gas International Limited, ZAO SeverGas-Invest, Victoria Energy Central Asia LLP, among others. Victoria Oil is headquartered in London, England, the UK.
In July 2012, the company commenced the production at Logbaba onshore Cameroon. The company’s Logbaba proved and probable reserves are sufficient to supply an average of 30mmscf/d for the next 20 years. As per the company’s management projections, the company forecasts industrial gas demand to rise to 44mmscf/d by the end of 2014.
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Victoria Oil & Gas plc Key Recent Developments
Feb 26, 2013: Victoria Oil & Gas Appoints John Scott As CEO
Jan 30, 2013: Victoria Oil & Gas Provides Operations Update
Oct 09, 2013: Victoria Oil & Gas Trading and Operations Update
Oct 25, 2013: Victoria Oil & Gas Results for year ended 31 May 2013
Sep 30, 2013: Victoria Oil & Gas Directorate Change
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