OREANDA-NEWS. VOG notes a recent media article in Cameroon and can confirm that on 22 July, 2016, RSM Production Corporation (“RSM”) filed a request for arbitration with the International Chamber of Commerce (“ICC”) regarding the rig and drilling contractor selected by VOG to conduct the drilling of two new wells at the Logbaba project.  Separately, on 29 July, 2016, RSM filed a complaint and application for injunction with the U.S. District Court for the Southern District of Texas in which RSM sought a temporary court order to halt the drilling operations while the arbitration proceeds. On 12 August 2016, VOG and its subsidiary, Gaz du Cameroun, responded to RSM’s application for injunction, pointing out that RSM has approved the operations (including the rig and drilling contractor), the rig was in Cameroon being assembled, and therefore an injunction was not warranted.   On 16 August, 2016, RSM withdrew the request for injunction and dismissed its complaint. 

The arbitration is still pending.