Victoria Oil & Gas' subsidiary, Gaz du Cameroun (GDC), has successfully drilled, cased and cemented the topmost section of the well to a depth of 400 meters.
Africa-focused firm Victoria Oil and Gas said that drilling has started on two development gas wells in Cameroon. The wells will cost $40m and the drilling campaign will be wrapped up in the second quarter of 2017.
Victoria Oil and Gas (VOG) announced its operational and interim results for its Cameroonian assets, during the first half of 2016. The company earned $23.6m in revenues.