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Victoria Oil & Gas advancing its non-grid solutions as gas sales rise

Kevin Foo, chairman of Victoria Oil & Gas plc (LON:VOG), tells Proactive London's Andrew Scott they've started to grow sales again even though supplies to Cameroon power group ENEO have yet to resume.

The contract was suspended last December and Foo said it was a shock when it was not renewed.

Gross sales in the three months to September rose 11% at 356million cubic metres of gas or an average 3.72mln per day.

Quick facts: Victoria Oil & Gas PLC

Price: 8.28 GBX

AIM:VOG
Market: AIM
Market Cap: £21.27 m
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Aksa Energy deal to put Victoria Oil & Gas 'on the path to profitability'

Victoria Oil & Gas PLC's (LON:VOG) Ahmet Dik tells Proactive London's Andrew Scott they've signed a non-binding term sheet for an energy supply deal in Cameroon. The agreement is with Aksa Energy to supply up to 25mln standard cubic feet a day of gas to Aksa Energy's planned...

on 29/7/19

2 min read