Victoria’s strategy is to grow into a mid cap E&P company with the development of its existing high class fields and prospects and via the acquisition of opportunistic undervalued assets, particularly in Africa and the FSU.
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Both the site civils and pipeline trenching, jointing, installation and reinstatement have been awarded to Cameroon civils contractors. |
Victoria’s strategy is to grow into a sizeable E&P company with the development of its existing high class fields and prospects and via the acquisition of opportunistic undervalued assets, particularly in Africa and the FSU. In particular, the Company plans to grow by:
a) Building on cash flow and profits from the Logbaba gas project in Cameroon by becoming a leading player in new thermal and power projects in Cameroon
b) Acquiring suitably sized companies with outstanding reserve and production potential
c) Developing the giant West Medvezhye oil and gas deposit in Russia