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Victoria is an independent oil and gas exploration and production company with projects in Africa and the FSU. The Company’s principal assets are 95% of the Logbaba gas and condensate field in Cameroon and 100% of the West Medvezhye oil and gas project in Siberia, Russia.
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. The Company has developed outstanding competencies in the gas value chain and this will remain an important part of the strategy going forward. Power generation to monetise undervalued stranded gas opportunities will also play a role.