UPDATE 1-Victoria Oil & Gas finds gas sands in Cameroon - Reuters

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Shares of the company were up 0.3 pence at 5.80 pence at0818 GMT on the London Stock Exchange. They touched a markethigh of 6.26 pence earlier in the session.

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The AIM-listed oil and gas explorer plans to apply for a35-year exploitation and production licence, following thediscovery, it said in a statement. The company's said its Well La-105 in Logbaba hadencountered about 90 feet of gas sands at a depth of 6,030feet.

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This page contains a single entry by Viraj published on November 16, 2009 1:55 PM.

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