Farm-out deal 'a really good strategic move' for Victoria Oil & Gas, says chairman Kevin Foo: ProactiveInvestors Stocktube

ProactiveInvestors Stocktube

Published on 6 Mar 2017

Kevin Foo, executive chairman at Victoria Oil & Gas plc (LON:VOG) speaks to Proactive about the farm-out deal they've struck with Bowleven PLC (LON:BLVN).

A complex tie-up will see VOG subsidiary take an 80% stake in the Bomono production sharing contract (PSC), with Bowleven keeping the remainder and continuing as operator.