Victoria Oil & Gas on track for production at Logbaba - Interactive Investor

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Victoria Oil and Gas () said it was on track to commence production at its flagship Logbaba gas and condensate project in Cameroon before the year is out.

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The junior oil and gas explorer said the Douala-based project is approaching its initial production phase with first gas sales anticipated by the end of this year now that a substantial part of the gas pipeline network is complete. AIM -listed Victoria Oil currently has got 13 gas sales agreements currently under its belt and said it had "every confidence" of doubling that figures, believing it will have signed in excess of 40 customers within a couple of years of commencing operations.

Victoria Oil & Gas on track for production at Logbaba - Interactive Investor

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This page contains a single entry by Viraj published on October 29, 2011 10:07 PM.

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