Cameroon: VOG firms up drilling plans
Issue 322
- 29 Apr 2016
| 1 minute read
Victoria Oil & Gas subsidiary Gaz du Cameroun (GDC) is preparing to drill two additional wells into the onshore Logbaba field and has signed a rig contract with Savannah Oil Services Cameroon. Drilling is planned to start in late Q2 and complete by year-end. VOG described the budget for the two-well drilling programme as “less than $40m, significantly lower than initial estimates made in 2015”.
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