Victoria Oil & Gas plc announced audited consolidated results for the year ended December 31, 2017. For the year, the company reported revenue of $23,471,000 against $32,751,000 reported a year ago. Operating loss was $10,158,000 against $28,413,000 reported a year ago. Loss before tax was $10,724,000 against $29,999,000 reported a year ago. Loss for the year - attributable to shareholders of the parent was $10,134,000 or 8.86 cents per basic and diluted share against $31,145,000 or 28.74 cents per basic and diluted share reported a year ago. Net cash generated from operating activities was $1,758,000 against $22,217,000 reported a year ago. Payments for property, plant and equipment was $5,042,000 against $10,743,000 reported a year ago. Payments for intangible assets were $34,710,000 against $16,281,000 reported a year ago. Net debt was $13,061,000. Underlying EBITDA was $4,593,000.