Victoria Oil & Gas Plc (Victoria) has become a significant domestic energy supplier in Africa through its wholly owned subsidiary: Gaz du Cameroun S. A. (GDC).
With operations located in the industrial port-city of Douala, Cameroon, customers are converting their operations to take natural gas supplied by our production wells and pipeline infrastructure.
GDC is the sole gas supplier in the area, providing a cheaper, more efficient, reliable, and cleaner energy alternative to Heavy Fuel Oil use.
Our teams of engineering advisors are on hand to help customer’s cost and implement the change to GDC’s energy products.

Victoria Oil & Gas is traded in the NEX Exchange HERE

Link-HISTORICAL NEWS,VIDEO/AUDIO & EVENTS

Link-Dedicated Posts for:
Gaz du Cameroun S.A. (“GDC”)
Gaz Du Cameroun Matanda S.A. ("GDC Matanda")

Link-Cameroon-Industrialisation Master Plan (PDI) & Africa Energy

NEWS

21st Jan 2019 Production Update
17th Jan 2019 Q4 2018 Operations Update
02nd Jan 2019 Presidential Decree on Matanda Received
24th Dec 2018 Renewal of Long-Term Gas Supply Contract with ENEO
28th Sep 2018 INTERIM FINANCIAL REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2018
17th Aug 2018 Q2 2018 Operations Update
22nd Jun 2018 Report and Accounts to 31 December 2017
14th Jun 2018 Restructure of the BGFI Debt Facility
04th Jun 2018 Notice of Annual General Meeting
04th June 2018 Logbaba Field Reserves Update
24th May 2018 Q1 2018 Operations and Outlook
16th Feb 2018 Q4 17 Operations Update & 2018 Outlook Replacement
05th Jan 2018 Gas Supply Contract with ENEO Not Extended



VIDEO/AUDIO

21st Jan 2019 Victoria Oil & Gas looks ahead to increased cash flow
24th Aug 2018 Victoria Oil & Gas confident of resolving ENEO contract 'within weeks'
22nd Apr 2018 Video from 21/04/2018 UK Investor Show
16th Feb 2018 Victoria Oil & Gas confident of positive outcome to ENEO issue
08th Nov 2017 Victoria Oil & Gas reports very pleasing initial results from La-108
31st Oct 2017 21 Oil and Gas - African Power Panel
30th Oct 2017 121 Oil & Gas Investment
26th Oct 2017 Victoria Oil & Gas raises US$23.5mln to accelerate new growth programme
26th Sep 2017 Victoria Oil & Gas to finalise long term supply contracts after first gas at LA-107
17th Aug 2017 Victoria Oil & Gas expecting La-107 to be a 'substantial' producer
16th Apr 2017 Video from 01/04/2017 UK Investor Show
13th Apr 2017 'It's been a terrific year and a great quarter', says Victoria Oil & Gas' Kevin Foo
06th Mar 2017 Farm-out deal 'a really good strategic move' for Victoria Oil & Gas, says chairman Kevin Foo
06th Feb 2017 Chairman runs Proactive through the good start to 2017

EVENTS

28th Jun 2018 Annual General Meeting ("AGM")
10th May 2018 Africa Oil & Power Investor Forum-London
21st Apr 2018 UK Investor Show
11th-12th Apr 2018 Africa Investment Exchange: Gas (AIX: Gas 2018)-London
09th-10th Nov 2017 The Cameroon Investment Forum(CIF)-Cameroon
30th-31st Oct 2017 121 Oil & Gas Investment-London
23rd-27th Oct 2017 Africa Oil Week 2017-Cape Town South Africa
07th Sep 2017 One2One Investor Forum - London
05th Sep 2017 Oil Capital Conference-London
28th Jun 2017 Annual General Meeting
01st Apr 2017 UK Investor Show
9th Feb 2017 Presentation slide show for One2One
9th Feb 2017 One2One Investor Forum - London

Social Media
    

pointless investing in vog...the city crooks are in control...naked shorting rules..resistance is futile

Translation not that good but.....


Gas production up
Published: Tuesday, July 28, 2015

According to reports from the NHC, gas production was up by 4.77% compared to April 30, 2014. She is 4 548.60 million cubic feet, of which 3 801.10 million from the Sanaga South field, off Kribi, and 747.50 million of Logbaba field in Douala.

At this level, three years after it goes into production, the company Gas Cameroon (GDC) already supplies about thirty city of Douala companies for natural gas. Its customers is Eneo, which currently produces 50 MW of electricity from this source.

The GDC has also directed one of its biggest challenges: connect the industrial area of ​​Bonabéri, crossing the river Wouri. That makes a total of 28 km of underground tanks already. And we understand why customers are increasing on the plot.

http://www.cameroun24.net/?pg=actu&ppg=1&pp=1&id=22207

turning into abit of a fuckin nightmare ride this...when will it all end?

Re Post 124 below:

"banjomick - 24 Jun 2015 12:24 - 124 of 142 edit this post

GB Trustees Limited not mentioned now as they were previously holders of 3.006% before the listing of shares 16 June 2015 announced 11th June 2015 so it's possible they have sold up.

Securities in Issue

Number of shares in issue: 109,153,336

Percentage of shares not in public hands: 4.53%

Free Float: 95.47%


Holdings of Significant Shareholders

As of May 2015 the Company is aware of the following persons who hold, directly or indirectly, voting rights representing 3% or more of the issued share capital of the Company to which voting rights are attached:


Name------------------------------------Number of Shares--------% of share capital

The Capital Group Companies, Inc---------6,966,560---------------- 6.382%"


The website has now been updated (over last two weeks) as follows:


Securities in Issue

Number of shares in issue: 109,153,336

Percentage of shares not in public hands: 4.53%

Free Float: 95.47%


Holdings of Significant Shareholders

As of May 2015 the Company is aware of the following persons who hold, directly or indirectly, voting rights representing 3% or more of the issued share capital of the Company to which voting rights are attached:

Name------------------------------------Number of Shares--------% of share capital

The Capital Group Companies, Inc---------6,966,560---------------- 6.382%

Forest Nominees Limited--------------------3,614,992---------------- 3.312%

http://www.victoriaoilandgas.com/investors/share-information

Old news but just getting published in the trade magazines:

Video: Altaaqa installs 50MW gensets in Cameroon
by John Bambridge on Aug 20, 2015

UAB-based Altaaqa Global has commissioned 50MW of temporary power in Cameroon – across two sites: Logbaba and Bassa (Ndokoti) – to supply the major Cameroonian commercial city of Douala.

The gas-fired Caterpillar gensets, which were installed over the span of just 21 days, are engineered to emit only 250 mg/Nm3, even without after-treatment.

The project, Altaaqa’s first project in the country, was conducted at the behest of state utility Eneo Cameroon, and will be supplied by Gaz du Cameroun (GDC), a subsidiary of Victorial Oil & Gas (VOG).

VOG CEO Kevin Foo heralded the project, Altaaqa’s first in the country, as a “true game-changer”.



Modular power solutions are proving to be a fast and efficient solution to Africa’s burgeoning power shortages, which pose a real threat to businesses and economic growth across dozens of countries.

Cameroon gets 75% of power from hydroelectric dams, which are highly seasonal, with stream rates varying from 6,000m3 per second in the wet season to just 50m3 per second in the dry season.

As in many countries, gas provides a conveninent stop-gap for lacunas in renewable energy sources.

GDC will supply the gas for the temporary power sites from its onshore Logbaba Gas Project through a 32.9km pipeline network built by the utility in Douala.

Altaaqa Global was previously highly commended at the 2014 Energy Institute Awards, for providing a temporary 54MW power plant in Aden, Yemen over the course of a 23-day installation.

The success of the project prompted the Yemeni government to add a further 50MW to the installation, raising its total capacity to 104MW.



also get a mention here :

20/08/2015



17/08/2015

For information and will add to the 'Cameroon:Dibamba Power Station' post found on Page 6.

Cameroon: Dibamba Power Plant
PUBLIC-PRIVATE PARTNERSHIPS BRIEFS
Created- May 2015
Modified- June 2015

http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/06/03/090224b082eed424/1_0/Rendered/PDF/Cameroon000Dibamba0power0plant.pdf

Dangote inaugurates $250m plant in Douala, Cameroon
By Daily Post Staff on August 27, 2015

"Dangote Cement Plc, on Thursday, achieved another feat with the inauguration of 250 million-dollar (N48.75 billion) cement grinding plant in Douala, Cameroon.
Dangote Group also laid the foundation stone for a 200metre jetty in Douala.

Alhaji Aliko Dangote, President/ Chief Executive, Dangote Group, said at the ceremony, that the plant, with a capacity of 1.5 million metric tonnes per annum (mmtpa), was a great feat in the operations of the company.

“The plant is our largest greenfield project in a neighbouring country with which we not only share a boundary but also a long history of brotherly relationship dating from our colonial days,” Dangote said."



"Dangote said that plans were on the way to commence the second phase of the plant which would double its capacity from the current 1.5mmtpa to 3.0 mmtpa."

General interest- the September edition of 'Business in Cameroon', VOG mentioned within the Energy Section:

http://www.businessincameroon.com/pdf/BC31.pdf

Under what ... bloody disasters ?

Petrofac : SPD Ltd secures well project management contract in Cameroon with Gaz du Cameroun
09/11/2015 | 10:40am US/Eastern
28 August 2015

SPD Ltd has confirmed it has entered into a Well Project Management Contract with Gaz du Cameroun PLC to provide well project management services.

Under the two year contract, SPD is to undertake well planning and operations management services for two firm wells onshore Cameroon with planning work starting immediately. Gaz du Cameroun PLC is a wholly owned subsidiary of Victoria Oil and Gas. VOG has created Gaz du Cameroun as an energy utility business that manages all gas supply stages from extraction to customer
connection. The Company has onshore gas reservoirs in Cameroon to provide the industrial region of Douala with cost effective, clean and reliable energy solutions.

Alex Macdonald, SPD managing director said: "This is a very exciting project for SPD and we are delighted to have been successful in securing this work. At a time when well operations in the UK are decreasing due to current market conditions, this significant contract win in West Africa continues to broaden our project portfolio and provides a stable platform to grow our capability geographically. It is excellent to have the opportunity to work with Gaz du Cameroun and we look forward to delivering a successful well management campaign on Gaz du Cameroun's behalf."

SPD is an independent well engineering company with a wealth of experience in planning and managing well operations worldwide, SPD operates in over 50 countries, with offices in Aberdeen, Dubai, Kuala Lumpur and New Zealand.




SPD Ltd Secures Well Project Management Contract

UK, Norway conclude Globeleq Africa acquisition

The UK’s State-owned development finance institution CDC and Norwegian investment fund Norfund’s joint buyout of power generation platform Globeleq Africa from emerging market investor Actis has been concluded, the parties announced on Monday.

http://www.engineeringnews.co.za/article/uk-norway-conclude-globeleq-africa-acquisition-2015-09-14

The Norwegian Norfund and CDC briannique finalize the acquisition of Globeleq Africa
September 14, 2015
By Marion Douet



Present in five African countries, including Côte d'Ivoire and Cameroon, Globeleq Africa is positioning itself as a major player in the independent power production.

In Africa, energy operator Globeleq is now 100% managed by development finance institutions. Last February, the Norwegian Norfund and the British CDC had announced their intention to acquire the platform dedicated to energy infrastructure in the continent. The takeover is now effective.

The entity Globeleq Africa brings together African assets of Globeleq. Created in 2002 by the development finance institution CDC, Globeleq had been transferred in 2009 to an investment fund managed by Actis (the Actis Infrastructure Fund 2), CDC is a major investor.

Joint venture

As part of this transaction, CDC has recovered its shares and transferred them into a new joint venture created in partnership with Norfund. For its part, the Norwegian has disbursed US $ 227 million to buy out the remaining 30% to Actis.

Globeleq Africa is an important electricity operator with eight active on the continent in Ivory Coast (with Azito power plant, one of the largest in the country), Cameroon (Dibamba and Kribi), Kenya, Africa South and Tanzania, for a total capacity of 1 095MW.

"We are proud that we completed during the past decade with the creation of a structure absolutely necessary for energy in Africa. We are confident about the ability of CDC and Norfund, in collaboration with the management of Globeleq Africa to successfully continue this work, "said in a statement Torbjorn Caesar, senior partner at Actis.

Electricity production

With Globeleq, the two European development institutions are aimed to "stimulate the production of electricity in Africa by adding at least 5,000 megawatts (MW) of generation capacity over the next 10 years," they had said in February, recalling that only 32% of the sub-Saharan African population has access to electricity.

http://www.jeuneafrique.com/264234/economie/norvegien-norfund-britannique-cdc-finalisent-rachat-de-globeleq-africa/

The person on the right of the picture above looks like Mikael Karlsson, Globeleq's
Chief Executive Officer :
http://www.globeleq.cm/english.html

Post 101 gives some information regarding Dibamba Power Station with a view to converting from heavy fuel oil to natural gas.

From the article in Post 151:

"In June, Globeleq completed – on time and within budget – the expansion of the combined-cycle gas turbine of its majority-owned Azito gas-to-power plant near Abidjan, in Côte d’Ivoire, to 430 MW of installed capacity and 139 MW of generating capacity using locally supplied natural gas."

http://www.engineeringnews.co.za/article/uk-norway-conclude-globeleq-africa-acquisition-2015-09-14

18 September 2015
Victoria Oil & Gas Plc
("VOG" or "the Company")

Petroleum Economist Recognises Victoria Oil and Gas as Energy Company of the Year (Small Cap)

Victoria Oil and Gas (AIM: VOG), a gas utility company with operations in the industrial port city of Douala in Cameroon, is pleased to announce its success at the 2015 Petroleum Economist Awards, held on 17th September 2015 in London.

VOG won the "Energy Company of the Year (Small Cap)" award.

VOG has been one of the few companies to successfully monetise gas in sub-Sahara Africa by developing the Logbaba gas field in Douala, Cameroon. It has done so with the full support of the Government of Cameroon and its partner RSM of Denver. Through its subsidiary Gaz du Cameroon it is delivering gas to thermal and power customers in the private sector and to grid power suppliers.

The Petroleum Economist Awards is an annual event designed to celebrate the people, companies and projects which epitomise the best of the global energy industry. The scheme's judges included: Abdalla El Badri, Secretary General of Opec; Torstein Indrebø, Honorary Secretary General of the IGU; and Malcom Graham-Wood, founding partner of HydroCarbon Capital and acclaimed industry commentator. The winners were announced at a black-tie ceremony held on 17 September 2015 at Banking Hall, City of London.

VOG Chairman Kevin Foo said: "We are honoured to have been recognized with this award, as a testament to the hard work and dedication of our teams in Doula and London. VOG has made great strides in the last 12 months and we are now a growing utility company in Cameroon."

http://www.moneyam.com/action/news/showArticle?id=5115579

PE Awards winners
18 September 2015

On 17 September 2015, the winners of this year's Petroleum Economist Awards were presented with their trophies at a black-tie ceremony held at the Banking Hall in the City of London, attended by their colleagues and peers from across the energy industry.

The Petroleum Economist Awards is an annual scheme, designed celebrate the people, companies and projects which epitomise the best of the energy industry.

The scale of achievement of this year's winners was certainly impressive - together they showed not just the expertise, dedication and far-sightedness necessary to compete effectively in today's market, but also the clarity of purpose and flexibility essential to negotiating the pressures and challenges inherent in such challenging times.

The Petroleum Economist team would like to congratulate the winners of this year's awards:


Link below for full list of winners

http://www.petroleum-economist.com/Article/3487359/PE-Awards-winners.html

and from the Awards brochure of the event:

Energy Company of the Year - small cap

This award recognises an energy company which has shown significant improvement across the business during the judging period, as well as having sound corporate and operating standards and clear evidence of innovation in its business operations.

Judges sought evidence of strong company performance, including financial results; examples of business goals identified in prior years, which were met in the judging period; effective response to any unforeseen challenges; investment in R&D; and commitment to environmental protection and employee welfare.

The winner
Victoria Oil & Gas

While some producers in Africa have been struggling of late, Victoria Oil & Gas have quietly been developing one of the continent’s success stories. The company started producing gas from its Logbaba project right in the heart of Douala, Cameroon’s leading industrial port city, in 2012 and has found a ready market among the city’s population of 2.5 million.

Customers of all types have been eager to convert their operations to adopt gas as a cheaper, cleaner alternative to the diesel and heavy oil supplies that many rely on.
Victoria has adopted a holistic model, not only producing the gas, but also supplying it through its subsidiary Gaz de Cameroun to a customer base that largely lies within a 10km radius of its wells. As a result of its operations, new gasfired power stations are being built and industrial customers are emerging, including a new cement plant.

The company currently supplies gas to 23 customers for thermal use, such as boilers, process plants and furnaces, as well as producing condensate as a by-product, which is used locally and transported to other parts of the country by tanker. Gas is also supplied to gensets – 0.5-3 megawatt generators – located at factories and plants, providing an efficient way to scale up the business in a way that is tailored to its customers’ needs.

After some ups and downs early in the project, the AIM-quoted company has delivered on a business model designed to meet African problems with African solutions, maintaining the confidence of the government and other stakeholders.
The focus was on getting production online and revenue generated in the shortest time by working closely with local businesses, and, crucially, the company has also been able to set its gas sales price independently from world market values.

Now the hope is that the considerable potential for expansion within Cameroon can be realised, and that Victoria Oil & Gas’ operations there can provide a blueprint for developing similar models in other countries.

http://www.petroleum-economist.com/pdf/AWARDS/AWARDS2015.pdf

Taken from III and the BLVN thread (only part of post copied here), you will require a subscription to actually read the article on upstreamonline.com :

Fri 11:14-Good article - From Upstreamonline---- Winnet

"Chief executive Kevin Hart said: “Advanced discussions with Actis and Eneo regarding a gas-to-power scheme to supply the nearby Cameroon national grid demonstrates the strengthened commercial environment for the timely monetisation of success at Bomono.” Bomono is located close to Victoria Oil & Gas’ Logbaba field, which is supplying gas to industrial customers in nearby Douala.

Kevin Foo, executive chairman of Victoria, told a FirstEnergy Capital event in London last month that his company is in discussions with companies such as Bowleven and other nearby players about using its gas infrastructure to meet local demand.

“They are talking to us. People like Bowleven, Perenco, Glencore and Afex are all practical, and if there’s an opportunity to work together with us to use our pipeline, and it makes sense, they will do it. We will see how things develop.”

Victoria is supplying about 12 million cubic feet per day of gas to Douala-based customers, with a further 150 MMcfd needed to meet current demand.

Foo said Logbaba could be producing up to 100 MMcfd by 2020 “but there are going to have to be other people coming to the market place to meet demand.”"

http://www.iii.co.uk/investment/detail?code=cotn:BLVN.L&display=discussion

http://www.upstreamonline.com/hardcopy/news/article1412716.ece