Volga Gas: Not For Sale – Market Conditions Force Rethink
Conclusion of Formal Sale Process Following the announcement by the Company of a formal sale process on 5 June 2014 a number of proposals were received from interested parties. However none of the proposals have been deemed by the Board to represent a fair value for the Company. In light …
Volga Gas: Strong 1H Results – Revenues Up 50%, EBITDA Up 97%, Company to Pay First Cash Dividend
Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce its results for the six months ended 30 June 2014. HIGHLIGHTS FINANCIAL RESULTS AND MAIDEN DIVIDEND · Revenues increased by 50% to US$23.2 million (H1 2013: US$15.4 million) · …
Volga Gas: Q1 Production Up 53% on 2013
Volga Gas plc , the oil and gas exploration and production group operating in the Volga Region of Russia,is pleased to provide the following trading statement and operational update for the first quarter of 2014. Production volumes and sales for Q1 Production between 1 January and 31 March 2014 was approximately …
Volga Gas: Strong 2013 and Looking to Complete the Dobrinskoye Gas Processing Plant in 2014
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following trading statement and operational update. Production Volumes and Sales. Production during the year ended 31 December 2013 was approximately 8.9 million cubic feet per day (mmcfd) …
Volga Gas: Upgrade to Dobrinskoye Gas Processing Plant to Increase Production and Bottom Line
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce that its operating subsidiary, OOO Gaznefteservice (“GNS”), has received regulatory approval for the upgrade works on the Dobrinskoye Gas Processing Plant. Construction of the main processing stream is …