Victoria Oil & Gas Investor Presentation — April 2018

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Committed to Success in Cameroon:

Foundation for Domestic and Africa Growth

THIS PRESENTATION IS BEING SUPPLIED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BE REPRODUCED, FURTHER DISTRIBUTED TO ANY O THER PERSON OR PUBLISHED IN WHOLE OR IN PART, FOR ANY PURPOSE..

The information contained inthese slides and this presentation isbeing supplied toyou byVictoria Oil&Gas plconbehalf ofitself and itssubsidiaries (together “the Company”) solely foryour information and may notbereproduced or

redistributed inwhole orinpart toanyother person .This document hasnotbeen approved byaperson authorised under theFinancial Services and Markets Act2000 (asamended) ("FSMA") forthepurposes ofsection 21ofFSMA and therefore

these slides and thispresentation isbeing delivered and made only toalimited number ofpersons and companies who arepersons who have professional experience inmatters relating toinvestments and who fallwithin thecategory ofperson

setoutinArticle 19oftheFSMA (Financial Promotion) Order 2005 (the “Order”) orarehigh networth persons within themeaning setoutinArticle 49oftheOrder orareotherwise permitted toreceive it.Byaccepting theslides and attending this

presentation and notimmediately returning theslides, therecipient represents and warrants that they areaperson who falls within theabove description ofpersons entitled toreceive theslides and attend thepresentation .Any person who

receives thisdocument who does notfallwithin theabove description should notrely oractupon it.

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berelied oninconnection with, anycontract with theCompany relating toanysecurities .Any decision regarding anyproposed subscription forshares intheCompany must bemade solely onthebasis ofpublic information ontheCompany .The

presentation materials arenotintended tobedistributed orpassed on,directly orindirectly, ortoanyother class ofpersons .They arebeing supplied toyou solely foryour information and may notbereproduced, forwarded toanyother person

orpublished, inwhole orinpart, forany other purpose .Any other person who receives this document should notrely oractupon it.The information contained inthis document isconfidential and theproperty oftheCompany .Whilst all

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contained inthisdocument hasnotbeen independently verified and accordingly norepresentation orwarranty, express orimplied, ismade astotheaccuracy, fairness orcompleteness oftheinformation oropinions contained inthese slides or