Q2 2021 Operational Update
Victoria Oil & Gas Plc, whose wholly owned subsidiary,
Gaz du Cameroun S.A. ( GDC ), is the onshore gas producer and distributor with operations located in the port city of
Douala, Cameroon, is pleased to provide shareholders with a brief operations update for the second quarter of 2021.
· Sales: Average daily gross gas sales rate for the quarter of 5.4 MMscf/d (Q1 21: 5.2 MMscf/d) of natural gas, plus gross 4,468 bbls (Q1 21: 5,357 bbls) condensate was shipped to customers.
· La-108 Performance: The well produced a cumulative 0.467 Bcf before it was shut-in to allow us to perform a pressure build up ( PBU ). The other wells are able to satisfy current demand.
Q1 2021 Operational Update
Victoria Oil & Gas Plc, whose wholly owned subsidiary,
Gaz du Cameroun S.A. ( GDC ), is the onshore gas producer and distributor with operations located in the port city of
Douala, Cameroon, is pleased to provide shareholders with an operations update for the first quarter of 2021.
· Sales. Average daily gross gas sales rate for the quarter of 5.2 MMscf/d (Q4 20: 5.1 MMscf/d) of natural gas plus gross 5,473 bbls (Q4 20: 3,109 bbls) condensate was produced safely and sold to industrial customers in the
Douala area.
· La-108 Performance. The well continues to supply the base demand, topped up by well La-105. The water production from the well continues to fall, albeit slowly.