Oil & Energy

Victoria Oil & Gas has plenty of potential as it gears up for first gas deliveries, says broker – Proactive Investors Australia

HB Markets this morning repeated its buy advice and 9 pence a share price target on Victoria Oil (LON:VOG) ahead of first gas deliveries in Cameroon. The bullish recommendation follows Friday’s news that the group is raising almost £4 million … Continue reading

Victoria Oil & Gas has plenty of potential as it gears up for first gas deliveries, says broker – proactiveinvestors.com

HB Markets this morning repeated its buy advice and 9 pence a share price target on Victoria Oil (LON:VOG) ahead of first gas deliveries in Cameroon. The bullish recommendation follows Friday’s news that the group is raising almost £4 million … Continue reading

Taylor Guitars buys ebony mill, pitches sustainable wood – Los Angeles Times

“The people of Cameroon can’t afford the luxury for us to be this picky … Obtaining more electrical power for the mill meant he had to buy the transformer, the poles and the power lines. “Then they will sell the … Continue reading

Cameroon: Prime Minister Yang Attends Queen’s Diamond Jubilee – AllAfrica.com

Cameroon is a member of the Commonwealth headed by Queen Elizabeth II, further justifying the country’s imperative participation in the celebrations. Queen Elizabeth II, who is celebrating 60 years in power, acceded to the throne on February 6, 1952 and … Continue reading

Victoria Oil & Gas says funding provides financial flexibility – proactiveinvestors.com

Victoria Oil & Gas (LON:VOG) said it is raising almost £4 million, which will give it financial flexibility ahead of becoming cashflow positive. It has done so against a backdrop of positive progress in Douala, Cameroon’s largest city, where the … Continue reading

UPDATE 1-Dragon Oil launches $200 mln share buyback – Reuters UK

Dragon Oil, whose profits soared 76 percent in 2011, has stated its intention over the last eighteen months to expand into another country in Africa, Central Asia, the Middle East or South East Asia, and was linked to Cameroon-focused explorer … Continue reading

UPDATE 1-Dragon Oil launches $200 mln share buyback – Reuters

Dragon Oil, whose profits soared 76 percent in 2011, has stated its intention over the last eighteen months to expand into another country in Africa, Central Asia, the Middle East or South East Asia, and was linked to Cameroon-focused explorer … Continue reading

UPDATE Victoria Oil & Gas says funding provides financial flexibility – proactiveinvestors.com

Victoria Oil & Gas (LON:VOG) said it is raising almost £4 million, which will give it financial flexibility ahead of becoming cashflow positive. It has done so against a backdrop of positive progress in Douala, Cameroon’s largest city, where the … Continue reading

Dragon Oil launches $200m share buyback – Financial Times

A decision to return funds to shareholders by Dragon, which is majority-owned by Dubai’s state-controlled Emirates National Oil Company follows an aborted approach for Bowleven, the Cameroon-focused oil explorer, in February. That approach – at an …

PROACTIVE NEWS SUMMARY: BP, Range Resources, Victoria Oil & Gas, Dragon Oil, Cluff Natural Resources, Patagonia Gold – proactiveinvestors.co.uk

Meanwhile, HB Markets this morning repeated its buy advice and 9 pence a share price target on VOG ahead of first gas deliveries in Cameroon. The bullish recommendation follows Friday’s news that the group is raising almost £4 million, which … Continue reading