Appointment of Chief Financial Officer

11 August 2020

Victoria Oil & Gas Plc

("VOG" or the "Company")

Appointment of Chief Financial Officer

Victoria Oil & Gas Plc, whose wholly-owned subsidiary is Gaz du Cameroun S.A. ("GDC"), the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, is pleased to announce it has appointed Rob Collins as Chief Financial Officer ("CFO") of the Company effective immediately.

Rob joined the Company in February 2020 as a Non-Executive Director and was also appointed Senior Independent Director and Chairman of the Audit Committee.  Rob brings a wealth of expertise with over 20 years' experience in Natural Resources Corporate Finance, advising on a broad range of corporate transactions spanning various commodity groups and transactions. He has successfully advised on numerous IPOs, public and private equity raises and M&A transactions for many Official List, AIM, TSX and ASX listed companies. Prior to joining the Company as a Non-Executive Director, Rob was joint senior partner of Alternative Resource Capital LLP ("ARC"), a business he co-founded. He will remain an advisor to ARC in a non-executive capacity. Prior to ARC, Rob headed up the Natural Resource teams at Zeus Capital Limited, GMP Securities Europe LLP, Canaccord Genuity Europe Limited and Evolution Securities Limited. Rob commenced his career at Coopers and Lybrand and is qualified as a Chartered Accountant.

On his appointment to CFO, Rob will step down as Chairman of the Audit Committee and a new Chairman will be appointed in due course.

All other Board roles remain unchanged for the moment, but the Company is reviewing the appointment of an additional Non-Executive Director.

Roy Kelly, CEO commented "Rob has added a great deal of value to the Company as a Non-Executive Director over the past six months.  He brings a depth of experience in cash flow management, corporate strategy and market-facing development.  We are pleased he has agreed to become a more integral member of the team at this turning point for the Company".

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please visit www.victoriaoilandgas.com or contact: 

Victoria Oil & Gas Plc

Roy Kelly                                                                                              Tel: +44 (0) 20 7921 8820

Kate Baldwin                                                                                     

Strand Hanson Limited (Nominated and Financial Adviser)

Rory Murphy / James Dance / Jack Botros                              Tel: +44 (0) 20 7409 3494

Shore Capital Stockbrokers Limited (Broker)

Mark Percy / Toby Gibbs (corporate advisory)                     Tel: +44 (0) 20 7408 4090

Jerry Keen (corporate broking)

Camarco (Financial PR)

Billy Clegg                                                                                            Tel: +44 (0) 20 3757 4983

Nick Hennis                                                                                         Tel: +44 (0) 20 3781 8330