Victoria Oil & Gas


All posts for Victoria Oil & Gas

Oil Price, Saffron/Coro, Victoria Oil & Gas, Zenith, Link and Finally…

WTI $61.34 +74c, Brent $64.33 -3c, Diff -$2.99 -77c, NG $2.58 -1c Oil Price Traders say it was a funny old day in the market yesterday, an early sell off was closed with a weak greenback helping out, but WTI gained most as it finished up on the day. The differential is now below $3 and means ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > MalcyMalcy'sMalcy's Blog +6

Victoria Oil & Gas: Q4 2017 Operations Update and 2018 Outlook

Victoria Oil & Gas Plc, a Cameroon based gas and condensate producer and distributor, is pleased to provide an update on the Group's Q4 operations for the three months ended 31 December 2017 (“Q4” or “the Period”).   Q4 2017 saw strong gas and condensate consumption levels from Gaz du Cameroun S. A ...

OilVoice Press - OilVoice


Posted 3 months agoPress > VOGVictoria Oil & GasOperations Update +5

Gas Supply Contract With ENEO Not Extended

Victoria Oil & Gas Plc (“the Company”) announced on 26 June 2017 that it had extended a gas supply agreement with ENEO Cameroon S.A. (“ENEO”), the Cameroon energy joint venture between UK Group Actis and the Cameroon Government, until 31 December 2017, whilst negotiations to agree a new long-term c ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Gas Supply ContractVOGVictoria Oil & Gas +6

Oil Price, VOG, Aminex, Ascent And Finally…

  Oil Price Last week WTI was up $1.02 and Brent rose by 90c, forecasts of economic growth were good and international bourses mainly continued to rise. The more of this we can get in the seasonally tricky first half the more likely the oil price is likely to hang on to recent gains. Most of ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > oil priceAminexVOG +3

Victoria Oil & Gas - Year End Customer Supply Update 2017

Victoria Oil & Gas Plc, a Cameroon based gas producer and distributor, is pleased to provide an update on the Group's gas supply operations near to the close of 2017 and to   announce Q3 production results, which are in-line with expectations. The last few months have also been extremely active fo ...

OilVoice Press - OilVoice


Posted 5 months agoPress > VOGVictoria Oil & GasCameroon +3

Oil Price, VOG, Columbus, Pantheon, IOG, And finally…

  Oil Price As we move towards the end of the year the bulls have the upper hand, marginally. Yesterday it was all about inventories and the numbers were mainly good, crude started well after the API stats, faltered a touch and then rose on the EIA data. For crude the draw was 6.5m b's agains ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceVictoria Oil & GasVOG +5

Oil price, VOG, Sound, Cabot, Hurricane, Savannah Petroleum, BPC, Wentworth, Sundry-SDX-Genel And finally…

  Oil price As the market quiets down ahead of the holiday a couple of bullish factors emerge, on the geopolitical front the stakes are rising in the Yemen as yesterday the KSA said that they had intercepted a ballistic missile from there near Riyadh. After the close the API stats came out and ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceVOGVictoria Oil & Gas +9

Oil price, Savannah Petroleum, Upland Resources, Link And finally...

  Oil price Yesterday was a little bit like the day after the Lord Mayor's Show, after the Opec meeting and the rollover of the agreement there was a bit of profit taking and for once Brent was hit harder than WTI. That has put the differential back below $5 but that may be because there were ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceNon-OPECSavannah Petroleum +12

Oil price, Savannah Petroleum, Upland Resources, Link And finally...

  Oil price Yesterday was a little bit like the day after the Lord Mayor's Show, after the Opec meeting and the rollover of the agreement there was a bit of profit taking and for once Brent was hit harder than WTI. That has put the differential back below $5 but that may be because there were ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceNon-OPECSavannah Petroleum +12

Oil price, Victoria Oil & Gas And finally…

  Oil price The Opec meeting ended up with what everyone expected, a maintenance of cuts through to the end of 2018. There was a modest tip of the hat to Russia by agreeing to a ‘production review' at next June's meeting which may be interesting. There is no certainty that at that stage thing ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceVictoria Oil & GasOPEC +1

Oil price, Hurricane Energy, Genel Energy, Victoria Oil & Gas, Aminex And finally…

  Oil price As one might have expected the oil price has consolidated at these higher levels. The API stats were not as good as expected and last night's EIA inventories showed a build of 2.2m barrels against expectations of a similar sized draw. Under these circumstances the modest fall was p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceHurricane EnergyGenel Energy +3

Oil price, Victoria Oil & Gas, Wentworth Resources, And finally...

  Oil price A quietly better day yesterday with comments from Russia who said that compliance is 102% and the Saudis who commented that they would continue to do ‘whatever it takes' to maintain price stability keeping momentum upwards. With the Saudis continuing to cut and most others falling i ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceVictoria Oil & GasWentworth Resources +2

Oil price, JOG, President, Columbus, Petrofac, Wood Group And finally…

  Oil price Oil prices faded at the end of last week for no great reason, TS Nate worried traders who thought that it would take out refining capacity but in the end whilst it was all gong and very little dinner by recent standards. The fundamental news is much more positive, the Putin/Salman t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > AminexAmerisur Resourcesoil price +15

Oil price, Sound Energy/Coro Energy, Echo Energy, Zenith Energy, Frontera Resources, And finally...

An interesting week in the oil markets, Brent should end it virtually unchanged with WTI off by a dollar or so. Interestingly WTI is now seeing buyers from far and wide, partly as the discount now makes it cheap enough to take to India, China and the Pacific rim. The EIA announced that last week th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > Amerisur ResourcesSound EnergyCoro Energy +8

Oil Price, VOG, JOG, Aminex, Cabot, Podcast, And finally...

  Oil Price At last the price divergence between WTI and Brent is starting to narrow as we head towards the month and quarter end along with Brent expiry. This was mainly to do with the EIA inventory stats yesterday, they showed a draw of 1.85m barrels against expectations of a 3.4m build. We a ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > oil priceVictoria Oil & GasJersey Oil & Gas +3