Eurasia Journal News

Volga Gas: Reducing CAPEX Spending, Slim Hole Drilling Program Offsets Production Decline

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 2020 development and exploration drilling activities and to provide information on plans for the remainder of the year.   Drilling activities in the …

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Eurasia Journal News

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 …

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Eurasia Journal News

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 …

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Eurasia Journal News

Volga Gas: Form 8 (OPD) Volga Gas PLC

Public Opening Position Disclosure by a Party to an Offer Rules 8.1 and 8.2 of the Takeover Code (the “Code”)  1.         KEY INFORMATION  (a) Full name of discloser: Volga Gas plc (b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee …

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Eurasia Journal News

Volga Gas: Production Report for March 2020

The following amendment has been made to the “PRODUCTION REPORT FOR MARCH 2020” announcement released on 2 April 2020 at 07:00 under RNS No 4912I. The average realised prices for the three month period January to March 2020 and the gas price average for March 2020 were incorrectly stated and …

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Eurasia Journal News

Volga Gas: Production Report for March 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 March 2020.  Production Report The average production in March 2020 was 4,070 barrels of oil equivalent per day (3% lower than February 2020). The gas plant unit was working …

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Eurasia Journal News

Volga Gas: Directorate Changes

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce that Stewart Dickson and Andrei Yakovlev have been appointed as independent non-executive directors of the Company with immediate effect.  Mr Dickson has significant corporate and commercial experience across …

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Eurasia Journal News

Volga Gas plc: Production Report for February 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 February 2020. Production Report The average production in February 2020 was 4,208 barrels of oil equivalent per day (3% lower than January 2020). The gas plant unit was working …

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Eurasia Journal News

VGAS: Production Report for January 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 January 2020. Production Report The average production in January 2020 was 4,330 barrels of oil equivalent per day (4% lower than December 2019), with higher oil production offsetting a …

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Eurasia Journal News

Volga Gas: Preliminary Results of Reservoir Study

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is providing the following update on the preliminary reserves estimates in its Vostochny Makarovskoye (“VM”) and Dobrinskoye fields. As previously announced, on 17 July 2019 following unsuccessful sidetrack wells on the VM#2 …

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