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ICC International Court of Arbitration Award

12th Dec 2013 16:16

RNS Number : 4360V
Victoria Oil & Gas PLC
12 December 2013
 



12 December 2013

 

Victoria Oil & Gas Plc

('VOG' or 'the Company')

 

ICC International Court of Arbitration Award

 

RSM Production Corporation (U.S.A.) ("RSM") vs VOG and Rodeo Development Ltd ("RDL")

 

The Company announces that the Secretariat of the International Chamber of Commerce ("ICC") has informed VOG, late last night, that it has reached a decision in this matter (the "Award").

 

However, until that review is complete, the Company will not be in a position to issue an RNS (the "Award RNS") clarifying the position. Accordingly, the Company has agreed that the Company's stock will be suspended from trading on AIM until the Award RNS is released.

 

 

For further information, please visit www.victoriaoilandgas.comor contact:

 

Victoria Oil & Gas Plc

Kevin Foo

Tel: +44 (0) 20 7921 8820

Fox-Davies Capital

Daniel Fox-Davies

Tel: +44 (0) 20 3463 5010

Strand Hanson Limited

Simon Raggett / Angela Hallett / Stuart Faulkner

Tel: +44 (0) 20 7409 3494

Tavistock Communications

Ed Portman / Conrad Harrington / Simon Hudson

Tel: +44 (0) 20 7920 3150

 

-ends-

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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