
VICTORIA OIL AND GAS – Logbaba Project First Gas and Condensate Production In Douala, Cameroon. VICTORIA OIL AND GAS announce the successful installation and commissioning of production facilities and a gas pipeline network in Douala. Rodeo Development Limited, the Company’s wholly owned Cameroon subsidiary, made its first delivery of gas to customers on the Magzi Industrial Estate on the 17December 2011. VICTORIA OIL AND GAS - Logbaba Project First Gas and Condensate Production In Douala, Cameroon Cameroon News

Afferro Mining – British Mining Company Disburses FCFA 58 Billion For Cameroon’s Iron Ore Project. The British mining company, Afferro Mining, has set aside 155 million US Dollars (about FCFA 58 billion) to finance the feasibility studies to accelerate the exploration of the iron ore deposits in Nkout, some 27 kilometers from the border town of Djoum, Dja et Lobo Division of the South Region of Cameroon. Afferro Mining is the mother company of the local Caminex SARL that has been exploiting the Nkout iron ore deposits. Afferro Mining - British Mining Company Disburses FCFA 58 Billion For Cameroon’s Iron Ore Project Cameroon News

Cameroon Government Spends FCFA 261 billion on Fuel Subsidies. The government of Cameroon has spent FCFA 261 billion as subvention on petroleum products for the fiscal year 2011, a release from the Hydrocarbons Prices Stabilisation Fund states. Cameroon Government Spends FCFA 261 billion on Fuel Subsidies Cameroon News

Cameroon To Set Up First Fertilizer Factory – Ferrostaal AG, Cameroon National Hydrocarbons Corporation (SNH). The Cameroon National Hydrocarbons Corporation (SNH) and the German company, Ferrostaal AG, have signed a Memorandum of Understanding to carry out feasibilities for nine months aimed at setting up the first fertilizer manufacturing factory in Cameroon. Cameroon To Set Up First Fertilizer Factory - Ferrostaal AG, Cameroon National Hydrocarbons Corporation (SNH) Cameroon News

Cameroon Oil & Gas Industry – Victoria Oil & Gas Plc. Victoria Oil & Gas is an independent oil and gas exploration and production company with projects in Africa and the FSU. The Company’s principal assets are the 95% owned Logbaba gas and gas condensate project in Cameroon and the 100% owned West Medvezhye project in Siberia, Russia. Cameroon Oil & Gas Industry - Victoria Oil & Gas Plc Cameroon News
Victoria Oil & Gas Plc – Chairman’s Letter to Shareholders . The President of Cameroon, Paul Biya, signed our Exploitation Decree in Q2 2011, awarding the exploitation rights to and appointing Rodeo Development Limited (‘RDL’), VOG’s wholly owned subsidiary, as operator of the Logbaba gas and gas condensate field. Victoria Oil & Gas Plc - Chairman's Letter to Shareholders Cameroon News