Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

Victoria Oil & Gas-The Information & News Thread (VOG)     

banjomick - 07 Jan 2015 21:01

M6eXo3LF_400x400.png       gaz-du-cameroun-logo-1.jpg                                                                        
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

Chart.aspx?Provider=Intra&Code=VOG&Size=400&Skin=RedWhite&Scale=0&Type=2&Cycle=MINUTE1&Layout=Intra;IntraDate&E&Ind=VOLMA(60);&Layout=Intra;IntraDate&E=UK&YFormat=&XCycle=Hour2&Fix=1&SV=0Chart.aspx?Provider=EODIntra&Code=VOG&Size=400&Skin=BlackBlue&Type=2&Scale=0&Cycle=DAY1&Span=YEAR1&Layout=2Line;Default;Price;HisDate&XCycle=&XFormat=

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
facebook-logo1.jpg    twitter_logo_right.jpg youtube_logo_small_Cropped.jpg

banjomick - 25 Jun 2018 15:01 - 631 of 701

Not sure if VOG/GDC are involved but it should be an interesting even:

https%3A%2F%2Fcdn.evbuc.com%2Fimages%2F4

DESCRIPTION

The Cameroon National Industry Forum (FONAIC) is a Forum in which all the stakeholders in the industrial sector get together
to reflect on the Cameroonian industry in particular, by taking stock of its situation and projecting it into the world. future, in
the light of proactive political orientations and national potentialities.

https://www.eventbrite.com/e/forum-national-de-lindustrie-au-camerounfonaic-tickets-46361412232

***********************************************************
On Day 2 (This Wednesday) there is a section "Example of a project for National Industrial Reconstruction: Natural Gas Project for Vehicles"

http://www.minmidt.cm/projet-de-programme-du-fonaic/

banjomick - 26 Jun 2018 08:41 - 632 of 701

26 June 2018
Victoria Oil & Gas Plc

Agreement on Exclusive Compressed Natural Gas ("CNG") partnership

Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to announce that its wholly-owned subsidiary Gaz du Cameroun S.A. ("GDC") has entered into an exclusive agreement to partner with Naturelgaz Sanayi ve Ticaret A.S. ("Naturelgaz"), Europe's largest CNG supplier and distributor. Naturelgaz is a 93.7% owned subsidiary of Global Investment Holdings ("GIH"), which is an investment company originated from and listed in Turkey (ticker: GLYHO) which focuses on clean-tech and infrastructure investment.


The purpose of this long-term partnership will be to:

· Design, build and operate compressed natural gas ("CNG") infrastructure and solutions for customers who need mobile energy, initially in GDC's home market of Cameroon with the intention of rolling this out into other African countries

· Market CNG products, including bulk CNG and gas-to-power to industry and businesses which require reliable off-grid / off-pipeline energy solutions, as well as Auto CNG for alternative mobility solutions

· Phase 1 agreed between the parties is a 2mmscf/d (21mscm/y) CNG plant and customer distribution project currently in design stage.



Naturelgaz, a 93.7% subsidiary of GIH, is Europe's largest CNG supplier and distributor in terms of mother station infrastructure and bulk sales volume. The company focuses on sales and distribution of bulk CNG to industrial and commercial customers - such as factories, power generators, hotels, asphalt plants - in addition to towns (households) not connected to natural gas pipelines.

Besides the distribution of Bulk CNG to industrial and commercial users, Naturelgaz also focuses on the development of the Auto CNG market in co-operation with CNG vehicle producers.


Kevin Foo, Chairman of Victoria Oil and Gas said, "The agreement to partner with Naturelgaz, starting in Cameroon, brings together GDC's upstream gas capabilities and experience of the Douala energy market with Naturelgaz' proven track record of delivering CNG solutions. We are excited to be adding CNG to our product mix."

Hasan Tahsin Turan, CEO of Naturelgaz said,

"As Europe's largest CNG player we possess significant know-how and expertise in developing and successfully managing complex CNG value chains. We value the high quality of proven gas reserves and the existing asset base of GDC. In partnership with GDC, Naturelgaz will provide CNG energy solutions to where they are needed most - countries like Cameroon with limited energy infrastructure and a huge gap between energy demand and supply.

We are enthusiastic about the tremendous growth opportunities this partnership offers and we are keen bring in our know-how, capital and long-term commitment."

http://www.moneyam.com/action/news/showArticle?id=6026266

banjomick - 27 Jun 2018 19:39 - 633 of 701

Victoria Oil & Gas PLC enters into exclusive CNG partnership (Video)
Published on Jun 27, 2018

Kevin Foo, chairman of Victoria Oil & Gas PLC (LON:VOG), tells Proactive their wholly-owned subsidiary Gaz du Cameroun SA (GDC) has entered into an exclusive partnership agreement with Europe's largest compressed natural gas (CNG) supplier and distributor, Naturelgaz Sanayi ve Ticaret AS.

The purpose of the long-term partnership will be to design, build and operate CNG infrastructure and solutions for customers who need mobile energy, and to market CNG products, including bulk CNG and gas-to-power to industry and businesses.

https://www.youtube.com/watch?time_continue=395&v=x5vrH2-Tlo4

banjomick - 28 Jun 2018 13:52 - 634 of 701

Result of Annual General Meeting ("AGM")
28 June 2018
Victoria Oil & Gas Plc

Victoria Oil and Gas Plc, is pleased to announce that, at the AGM of the Company held this morning, all of the resolutions that were proposed in the Notice of Annual General Meeting which was sent to shareholders, dated 25 May 2017, were duly passed.

http://www.moneyam.com/action/news/showArticle?id=6031247

banjomick - 05 Jul 2018 14:01 - 635 of 701

5 July 2018
Victoria Oil & Gas Plc

Issue of Shares in Lieu of cash payment to a supplier and bonus awards to employees

Victoria Oil & Gas Plc announces that a total of 5,386,729 new Ordinary Shares of 0.5p have been issued by the Company in respect of the following:


· a total of 4,814,815 Ordinary Shares to a supplier in lieu of cash payment to be subscribed at 29.97 pence per share, being the volume weighted average share price for five working days preceding 6 June 2018, the date of the settlement offer from the Group.


· a total of 571,914 Ordinary Shares for bonus awards made to certain employees of the Group for the year ended 31 December 2017. The bonus awards are subscribed at 29.97 pence per share, being the volume weighted average share price five working days preceding 6 June 2018. Directors were not granted bonus awards.


An application has been made to the London Stock Exchange for the admission of the new Ordinary Shares to trading on AIM ("Admission"). Admission is expected to become effective and dealings in the new Ordinary Shares are expected to commence at 8.00 a.m. on 10 July 2018. Following Admission, the Company will have 150,446,457 Ordinary Shares in issue.

http://www.moneyam.com/action/news/showArticle?id=6041145

banjomick - 09 Jul 2018 15:09 - 636 of 701

General interest,Translated via google:

IMF approves the 2nd review on the Extended Credit Facility for Cameroon, which paves the way for a disbursement of 44 billion FCFA
09 July 2018

0907-11086-le-fmi-approuve-la-2eme-revue

Extended Credit Facility (ECF) . This approval will allow Cameroon, we learn in an official statement from the institution of Bretton Woods, to benefit from a new disbursement of 77.8 million dollars, about 44 billion CFA francs.

" Cameroon's performance, under its ECF-supported program, has been mixed in a context of slowing economic activity and security concerns. Expenditure overruns at the end of the year offset the strong non-oil revenue collection, resulting in a higher than expected budget deficit. Nevertheless, the implementation of structural reforms has been generally satisfactory and net foreign assets have accumulated more quickly than expected, due to a tightening of the current account deficit , "commented Japan's Mitsuhiro Furusawa during the meeting. (photo), deputy managing director of the IMF.

As a reminder, following the evaluation of this program in May 2018, the Cameroonian government was invited to take corrective measures on certain aspects that did not bring the satisfaction of the IMF team.

Among these agreed-upon measures, Corinne Deléchat, head of the IMF delegation, told the Cameroonian authorities to revise the 2018 budget, to take into account the unexpected expenses due to the rising cost of energy subsidies, as well as increased security spending; strengthen the control of expenditures and ensure transparent and efficient budget implementation, including " by strictly limiting the use of exceptional expenditure procedures, and by accelerating the implementation of national laws that transpose the main CEMAC directives on management of public finances ".

Concluded on June 26, 2017, for a period of 3 years, the economic program between Cameroon and the IMF foresees the implementation of a certain number of budgetary reforms and an overall budgetary support of a global amount of 680.7 million US $ 378 billion, representing 175% of the country's quota in the IMF.

https://www.investiraucameroun.com/cooperation/0907-11086-le-fmi-approuve-la-2eme-revue-sur-la-facilite-elargie-de-credit-en-faveur-du-cameroun-qui-ouvre-la-voie-a-un-decaissement-de-44-milliards-fcfa

banjomick - 10 Jul 2018 22:49 - 637 of 701

10 July 2018
Victoria Oil & Gas Plc

Notice of General Meeting ("GM")

Victoria Oil & Gas Plc is pleased to announce that a Notice of a General Meeting together with a proxy form has been posted to the shareholders in accordance with individual request.

The GM to consider the Accounts will be held on 7 August 2018 at the offices of Kerman & Co LLP, 200 Strand, London, WC2R 1DJ at 11.00am.

These documents are also available on the Company's website
http://www.victoriaoilandgas.com/ShareholderMeetings

http://www.moneyam.com/action/news/showArticle?id=6047180

banjomick - 13 Jul 2018 13:46 - 638 of 701

Victoria Oil and Gas
@victoriaoilgas
22 hours ago

Congratulations to everyone from @ExproGroup at our #Logbaba Gas Plant who are celebrating 6 years of continuous operation with No Loss Time Injury. We are extremely proud of our safety culture which has allowed us to reach this remarkable achievement #VOG #exprogroup #safety

https://twitter.com/victoriaoilgas


Bits and bobs regarding Expro Group:

Expro provide gas-to-power Early Production Facility (EPF) in Cameroon

Expro Group Website

banjomick - 14 Jul 2018 09:48 - 639 of 701

General interest,Translated via google:

Afreximbank and BDEAC agree on financing of 327 billion FCFA for CEMAC integrating projects
Friday, July 13, 2018

1307-11117-afreximbank-et-la-bdeac-s-acc
(Invest in Cameroon) - The Central African Development Bank (BDEAC) and the African Export-Import Bank (Afreximbank) signed a co-financing framework agreement of $ 500 million on July 11 euros (about 327.5 billion FCFA), in favor of CEMAC. The signing of the convention took place in Abuja, Nigeria, between Afreximbank President, Dr Benedict Oramah (photo, left), and his BDEAC counterpart, Fortunato Ofa Mbo Nchama (photo, right).

With this financial support, BDEAC affirms that it will be able to respond to the numerous requests for financing projects from the CEMAC countries, made up of Cameroon, CAR, Congo, Gabon, Equatorial Guinea and Cameroon. Chad.

These countries have " resolutely directed their economic policies towards the diversification of economies, with a view to building their development in a sustainable manner ", welcomes the Bank.

On the other hand, says BDEAC, this partnership offers Afreximbank an opportunity to participate in the economic and social development of the countries of the sub-region, through the financing of integrating projects and projects that promote intra-regional trade. -African. In the end, this gives the opportunity to have a better visibility of Afreximbank in Central Africa.

https://www.investiraucameroun.com/banque/1307-11117-afreximbank-et-la-bdeac-s-accordent-sur-un-financement-de-327-milliards-fcfa-pour-des-projets-integrateurs-de-la-cemac

banjomick - 17 Jul 2018 13:08 - 640 of 701

General interest,Translated via google:

Cameroon to submit to the World Bank a project to electrify 687 localities
Tuesday, July 17, 2018

1707-11131-le-cameroun-va-soumettre-a-la

(Invest in Cameroon) - In December 2018, the Cameroonian government aims to submit to the Board of Directors of the World Bank, for funding, a project to electrify 687 localities of the country, through the construction and rehabilitation of lines medium and low voltages.

According to the information revealed on this project, during a workshop held last week in Yaounde, the capital of the country, the project of rural electrification and access to energy in underserved areas in Cameroon ( Perace), will be implemented in six regions of the country: North-West, South-West, Adamaoua, North, Far-North and East.

The perace, which will have to emerge from the dark around 370 000 households, will swallow more than 130 billion CFA francs and should benefit from the financial support of other partners of Cameroon, such as the European Investment Bank, one learns from good sources

https://www.investiraucameroun.com/electricite/1707-11131-le-cameroun-va-soumettre-a-la-banque-mondiale-un-projet-d-electrification-de-687-localites

banjomick - 20 Jul 2018 22:51 - 641 of 701

Decision-making by organizations in an environment that is complex and full of paradoxes
20/07/2018

Joël NANA KONTCHOU , General Manager, Eneo Cameroon Speech during the National Management Days, 28 June 2018

DG-eneo-aux-journees-du-management-1.JPG

https://eneocameroon.cm/index.php/en/actualite-communiques-en/communiques-communiques-de-presse-en/2679-complexite-et-paradoxes-de-la-prise-de-decision-dans-les-organisations-en

https://eneocameroon.cm/images/pdf/2806Paradox_Decision_Making_Management_Eneo_GM_GICAM.pdf

banjomick - 02 Aug 2018 12:53 - 642 of 701

YF Finance Limited have increased their holding from 3.53% to 4.18%

http://www.moneyam.com/action/news/showArticle?id=6076908

and VOG have updated their website to reflect this increase:

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

maestro - 02 Aug 2018 17:18 - 643 of 701

so why is YF buying if vog is such a dog?

maestro - 03 Aug 2018 09:10 - 644 of 701

banjo..take that comment back on lse or i will sue you for slander

banjomick - 03 Aug 2018 13:32 - 645 of 701

I apologise maestro, I was getting you mixed up with someone else.

banjomick - 07 Aug 2018 21:45 - 646 of 701

7 August 2018
Victoria Oil & Gas Plc

Result of General Meeting ("GM")

Victoria Oil and Gas Plc, is pleased to announce that, at the GM of the Company held this morning, the resolution proposed in the Notice of General Meeting which was sent to shareholders, dated 4 July 2018, was duly passed.

http://www.moneyam.com/action/news/showArticle?id=6082463

maestro - 10 Aug 2018 13:37 - 647 of 701

banjo...was winding you up mate

banjomick - 10 Aug 2018 13:54 - 648 of 701

Thank god for that, I was getting worried! Taught me a lesson anyway so cheers for that.

banjomick - 14 Aug 2018 23:02 - 650 of 701

At the end of the day it's just another persons view but possibly a more informed view point?

Malcy’s Blog bucket list (Update-Aug 14, 2018) VOG 17:08 in:

https://www.youtube.com/watch?v=reiTKEeUFlM
Register now or login to post to this thread.