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Victoria Oil & Gas Fundamentals

Company Name Victoria Oil & Gas Last Updated 23 Apr 2019
Industry Oil & Gas Sector Oil & Gas Producers
Shares in Issue (m) 255.07 Market Cap (£m) 38.59
PE Ratio -1.71 Div per Share (p) 0.00
Div Yield 0.00 Div Cover 0.00
EPS -8.86 EPS Growth (%) 69.17
PEG -0.02 DPS Growth (%) n/a
Debt Ratio 19.91 Debt Equity Ratio 0.59
Net Gearing 22.49 Gross Gearing 29.82
Asset Equity Ratio 1.43 Cash Equity Ratio 10.45
Quick Ratio 1.34 Current Ratio 1.34
Price To Book Value 0.35 ROCE -7.82

Victoria Oil & Gas Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Victoria Oil & Gas Company Financials

Assets (£m) 2017 2016 2015
Tangible Assets 71 81 111
Intangible Assets 54 18 1
Investments 5 5 5
Total Fixed Assets 131 104 118
Stocks 0 0 0
Debtors 14 9 14
Cash & Equivalents 11 16 13
Other Assets 1 1 2
Total Assets 157 130 148
Liabilities (£m) 2017 2016 2015
Creditors within 1 year 19 18 9
Creditors after 1 year 27 17 13
Other Liabilities 0 0 0
Total Liabilities 47 35 22
Net assets 110 95 125
Equity (£m) 2017 2016 2015
Called up share capital 1 34 34
Share Premium 24 230 230
Profit / Loss -11 -30 2
Other Equity -17 -18 -18
Preference & Minorities 0 0 0
Total Capital Employed 110 95 125
Ratios 2017 2016 2015
Debt Ratio 19.91 15.45 9.43
Debt-to-Equity 0.59 0.49 0.59
Net Gearing 22.49 14.71 6.05
Gross Gearing 29.82 27.18 15.02
Assets / Equity 1.43 1.37 1.18
Cash / Equity 10.45 17.12 10.55
EPS -8.86 -28.74 0.15
Cash Flow (£m) 2017 2016 2015
Cash from operating activities 2 22 2
Cashflow before financing -36 -3 1
Increase in Cash -5 4 -3
Income (£m) 2017 2016 2015
Turnover 23 33 21
Cost of sales 22 26 14
Gross Profit 1 6 7
Operating Profit -10 -28 1
Pre-Tax profit -11 -30 2
Profit / Loss for the year 1 34 34

Victoria Oil & Gas Company Background

Sector Oil & Gas Producers
Activities Victoria Oil & Gas plc is a fully-integrated onshore gas producer and distributor with operations located in the port city of Douala, Cameroon. Through the Company's wholly-owned subsidiary, Gaz du Cameroun S.A. (GDC), VOG delivers gas via a 50km gas distribution pipeline network to a range of major industrial customers. Since spudding its first wells in 2010, the Company has grown to become the dominant player in the Cameroon onshore gas market, primarily through the 57% owned Logbaba gas project. GDC is partnered on this project with RSM Production Company (RSM), and Societe Nationale des Hydrocarbures (SNH), who have holdings of 38% and 5% respectively. Subject to government approval VOG will extend it acreage over 3,500km2 of the highly prospective Douala Basin with the addition of the Matanda and Bomono license areas. A drilling programme on the Logbaba asset is underway to add further gas reserves to meet the growing demand for gas in Cameroon.
Latest Interim Date 28 Sep 2018
Latest Fiscal Year End Date 22 Jun 2018

Victoria Oil & Gas Directors

Appointed Director Position
27 Oct 2015 Ahmet Dik Chief Executive Officer
27 Jul 2004 Kevin Alfred Foo Executive Chairman
30 Jun 2016 Andrew Lee Diamond Finance Director
01 Dec 2014 John Bryant Non-Executive Director
14 Jul 2016 Roger Cameron Kennedy Non-Executive Director

Victoria Oil & Gas Contact Details

Company Name Victoria Oil & Gas
Company Address Hatfield House, 52-54 Stamford Street, London SE1 9LX.
Company Telephone +44 (0)207 921 8820
Company Website http://www.victoriaoilandgas.com/

Victoria Oil & Gas Advisors

Auditor Name Deloitte & Touche LLP
Auditor Address Deloitte & Touche House, Earlsfort Terrace, Dublin 2, Ireland.
Auditor Website http://www.deloitte.com/
Auditor Telephone +353 1 417 2200
Registrar Name Computershare Investor Service
Registrar Address The Pavillions, Bridgwater Road, Bristol BS99 1XZ.
Registrar Website http://www-uk.computershare.com/
Registrar Telephone 0870 702 0010
Broker Name Numis Securities
Broker Address The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT.
Broker Website http://www.numiscorp.com/
Broker Telephone +44 (0)20 7260 1000
Adviser Name Strand Hanson
Adviser Address 26 Mount Row, London W1K 3SQ.
Adviser Website http://www.strandhanson.co.uk/
Adviser Telephone +44 (0)20 7409 3494
Solicitor Name Kerman & Co LLP
Solicitor Address 200 Strand, London WC2R 1DJ.
Solicitor Website http://www.kermanco.com/
Solicitor Telephone +44 (0)20 7539 7272
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a