Acceptance of Offer by Directors of Volga Gas PLC
The Board of Volga Gas plc notes that the cash offer (the “Offer”) made by GEM Capital Holdings (CY) Ltd (“GEM”) to acquire the entire issued and to be issued ordinary share capital of Volga Gas has been declared wholly unconditional as of this morning. GEM has received valid acceptances …
Volga Gas: Production & Drilling Update Report – September 20
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for September 2020. Production Report The average production in September 2020 was 3,975 barrels of oil equivalent per day (7.9% lower than August 2020). This decrease was …
Volga Gas plc: Interim Results
Volga Gas, the oil and gas exploration and production group operating in the Volga region of Russia, announces its interim results for the six months ended 30 June 2020. COVID-19 IMPACT · Operations were quickly adapted to minimise the risk of Covid-19 infections to staff, contractors and customers, as detailed in …
Volga Gas plc: Result of Annual General Meeting, Directorate Change Confirmation and Approval of Change of Auditor
Result of Annual General Meeting Volga Gas plc (“Volga Gas” or “the Company”), the oil and gas exploration and production group operating in the Volga Region of Russia, announces that at its Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed. Details of the votes cast for …
Volga Gas – Update on Formal Sale Process
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide an update on its formal sale process. Further to the announcement made on 26 June 2020, the Company is continuing to engage in active discussions with a number …
VGAS – Production & Drilling Update Report for July 2020
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for July 2020. Production Report The average production in July 2020 was 3,590 barrels of oil equivalent per day (10.5% higher than June 2020). This increase was driven by …
Volga Gas plc: Production Report for June 2020
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for June 2020. Production Report The average production in June 2020 was 3,248 barrels of oil equivalent per day (4% lower than May 2020). This decline was attributable to …
Volga Gas plc: Update on Formal Sale Process
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide an update on its formal sale process. On 7 April 2020, the Company announced that its board of directors (the “Board”) had decided to conduct a formal review …
Volga Gas: Production Report for May 2020
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for May. Production Report The average production in May 2020 was 3,372 barrels of oil equivalent per day (45% higher than April 2020). The increased gas plant throughput was …
Volga Gas: Delay in Publication of 2019 Annual Report
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, announces that there will be a delay in the publication of the Company’s audited financial results for the year ended 31 December 2019 (“Final Results”). The delay is occasioned at the request …