Victoria Oil & Gas plc (VOG) reported further progress from its onshore gas operations in Matanda and Logbaba in Douala, Cameroon. MATANDA In its report for Q4 2021, the company said its subsidiary Gaz du Cameroun S.A. (GDC) continued civil engineering work in readiness of drilling a vertical well at the Marula prospect. The company also continued […]
Tag: Douala – Cameroon
VOG adds additional perforations to well La-108 in Douala
Victoria Oil & Gas plc (VOG) announced an additional 42m of net pay after successfully adding perforations to Logbaba well La-108 at its onshore site in the port city of Douala, Cameroon. PRODUCTION The company’s wholly owned subsidiary, Gaz du Cameroun S.A. (GDC) completed the operations despite thunderstorms with nearby lightening strikes, during which operations were […]
VOG to raise $7.5m with loan deal for gas operations at Douala
Victoria Oil & Gas plc (VOG) said it aimed to raise $7.5 million (£5.5m) with a financing agreement for its onshore gas operations in the port city of Douala in Cameroon. MERIDIAN CAPITAL The company’s wholly owned subsidiary, Gaz du Cameroun S.A. entered into a definitive financing agreement with Meridian Capital (HK) Ltd to raise the funds […]