Victoria Oil & Gas Plc
17�Oct�2005
Acquisition of Kermerkol Project
Victoria Oil & Gas Plc, the AIM-quoted oil and gas development company focused on the Former Soviet Union, today announces that it has secured 35 million barrels of C1 and C2 category oil reserves with the first completion of the transaction for the Kemerkol subsurface rights contract in Kazakhstan. Development of the project will now commence and first production from Kemerkol is targeted for the beginning of 2006.
Source: Victoria Oil & Gas Plc announcement
Kerman & Co LLP, led by Michael Bennett, advised Victoria Oil & Gas Plc in relation to the acquisition.
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