Victoria O&G Appoints New CEO

Junior firm Victoria Oil and Gas announced Tuesday that it has appointed John Scott as its new CEO.

Scott, who started out his career at BP, has more than 30 years' experience in the upstream and downstream sectors of the oil and gas industry, and in energy banking. He has served in technical and senior commercial roles with the British National Oil Company and Halliburton. He has also held various investment banking roles with Citigroup, Standard Bank and ABN Amro.

With its operations focused on Cameroon and the former Soviet Union, Victoria noted Scott's corporate finance experience in both West Africa and Russia.

Most recently, Scott served as an executive at Indus Gas – an oil and gas exploration company focused on Rajasthan, India.

Victoria Chairman Kevin Foo commented in a company statement:

"John has helped steer Indus through a period of major growth in shareholder value and has outstanding operational and transactional experience. We believe he is the right man to guide VOG through its transition to a successful mid-cap oil and gas company over the next few years."

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