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Victoria Oil & Gas provides second quarter 2015 operational update


Published Jul 24, 2015
Victoria Oil & Gas Plc

Victoria Oil & Gas Plc provides an update on the Company's operations for the 3 month period ended 30 June 2015. The Company intends to provide the market with quarterly operational updates, based on the calendar year and covering all significant activities. The quarterly updates will not affect VOG's responsibility to release any price sensitive news to the market in a timely manner.

Gas production increased 178% for the period compared to Q1 2015, with an average daily production of 12.6mmscf/d. Production reached a peak of 16.9mmscf/d, with an average 5 day working week output of 13.1mmscf/d. The significant expansion follows the first grid power connections coming on line under the deal with ENEO Cameroon S.A ('ENEO') and new thermal customers being connected, including the Dangote cement plant commissioned in June 2015.

Tags: Victoria Oil & Gas Plc




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