Eurasia Journal News

Rosgeo, Bashneftegeofizika And MAGE Signed A “Roadmap” For The Development Of Equipment For Geological Exploration With The Russian Government

The Government of the Russian Federation signed with Rosgeologiya, Bashneftegeofizika and the Marine Arctic Geological Exploration Expedition (MAGE) a roadmap for the development of domestic equipment for geological exploration, an Interfax correspondent reported from the signing ceremony. On the part of the government, the document was signed by First Deputy …

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Eurasia Journal News

Volga Gas: Mikhail Ivanov To Step Down, Andrey Zozulya to Become CEO

Volga Gas plc, the oil and gas exploration and production group operating in the Volga region of Russia, is pleased to announce a new Board appointment and further directorate changes. Mikhail Ivanov has advised the Board of the Company that after 9 years of service as Chief Executive Officer of …

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Eurasia Journal News

Volga Gas: MET Changes Caused Temporary Production Halt as Refiners Adjusted

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, provides the following operational update. Drilling operations on VM Drilling operations are underway on the VM#3 well, which is being partially re-drilled after mechanical difficulties caused operations to be suspended late in …

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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) ·    …

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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 …

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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 …

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Volga Gas: Vostochny Makarovskoye Gas Field Sees Better than Expected Well Test

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide an update following the completion of a production test on the VM#1 production well on its Vostochny Makarovskoye (“VM”) gas/condensate field. A workover has recently been completed on …

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Volga Gas: Yuzhny-Romanovskaya Strikes Dust, Vostochny Makarovskoye Receives Condensate Boost

Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, is providing an update on operations on well #30 on its Vostochny Makarovskoye (“VM”) field and on the Yuzhny Romanovskaya #1 exploration well on the Urozhainoye-2 licence. Vostochny Makarovskoye well #30 The VM …

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Volga Gas: Uzenskoye 9 Produces Water with Possible Reserve Downgrade

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, provides an update on its’ operations on its Uzenskoye oil field and on exploration drilling on the Urozhainoye-2 licence. Uzenskoye oil field A sidetrack on the Uzenskoye #9 well on the flank …

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