Victoria Oil & Gas: Fundamentals & Valuation Summary

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Victoria Oil & Gas PLC
20 December 2006


Victoria Oil & Gas Plc

20 December 2006


Announcement of Previous Additional Listing


Victoria Oil & Gas Plc ('Victoria' or 'the Company') the AIM-quoted oil and gas
company focused in the Former Soviet Union today announces that on 25 August,
2004 it allotted 310,000 Ordinary Shares of 0.5 pence each in the Company to
advisors in lieu of cash payment.

These shares rank pari passu in all respects with the existing issued Ordinary
Shares in the Company. The total issued share capital of Victoria remains at
115,651,160 shares.


Kevin Foo / George Donne Leesa Peters/ Laurence Read
Victoria Oil & Gas Plc Conduit PR
+44 (0)207 921 8820 +44 (0)207 429 6605
+44 (0)7979 955 923