Cameroon: VOG plans to increase production
Issue 353
- 15 Sep 2017
| 3 minute read
Victoria Oil & Gas (VOG) plans to bring the first of its two new wells on production by the end of September, and is planning to explore for more gas in a much larger area of the Douala Basin acquired from Glencore and Bowleven.VOG produced 14.6mcf/d in Q2, which was sold in Douala within a price range of $9-$16/mBtu. Chairman Kevin Foo told the Oil Capital conference in London on 5 September the company was targeting production of 100mcf/d by 2021, compared to Douala region gas demand of more than 150mcf/d.
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