Victoria Oil & Gas: Cameroon's emerging integrated utility

Victoria Oil & Gas is an AIM listed E&P with a 60% WI in the Logbaba field, Cameroon and an associated infrastructure network that supplies gas to the local market. The company acquired its interest in the Logbaba field in 2008 and drilled its first appraisal well (La-105) on the block in 2009, the first onshore well since the 1950s. First production commenced in 2012 with the roll-out of a distribution pipeline network in 2013 Victoria...

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Sub-Saharan Africa - newsflow update

Gabon Deepwater - Leopard discovery Leopard-1 was drilled on licence BCD10 Shell 75%*, CNOOC 25% Encountered substantial gas column with 200m net gas pay Further appraisal required FLNG? 3-4 tcf may be required, although economics of sales into Europe are marginal Government is also keen to grow domestic gas market Congo Offshore - Eni/NewAge - follow up discovery in Marine XII Minsala Marine discovery Estimated 1bnboe in place, of which...

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