Logbaba

RNS of 27 September 2011 for Victoria Oil & Gas Plc, (‘VOG’ or ‘the Company’) Equity Placing of £9.5 Million Oversubscribed   Highlights: ·    Fundraising of £9.5 million successfully placed ·    First production from 95% owned Logbaba due to commence before year end ·    Fully funded through to positive cash-flows Victoria Oil & Gas Plc, is […]

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Victoria Oil & Gas Plc (AIM: VOG) – Chairman’s Letter to Shareholders

September 9, 2011
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A detailed and lengthy letter to the shareholders in Victoria Oil & Gas has been released today: Highlights: ·    Logbaba development on schedule for Q4 2011 ·    Logbaba participation increased to ninety-five per cent. ·    Acquired one third of Cameroon Holdings Limited adding substantial value to the Company ·    Logbaba internally estimated base case economic value increased by […]

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