News Results for Volga Gas (VGAS)

  • 04 Feb
    13:25
    Volga Gas production slips 4% in January

    Russia focused Volga Gas said its output fell 4% in January compared to December, as higher oil production was offset by lower gas, condensate and LPG output. Production for the month of January...

  • 27 Jan
    09:47
    Volga Gas downgrades reserves estimate for Russian fields

    Russia focused Volga Gas downgraded the reserves estimate as its Vostochny Makarovskoye and Dobrinskoye fields by 48%. Proven reserves at the assets were now estimated at 9.1m barrels of oil...

  • 03 Dec
    09:51
    Volga Gas production improves following pipeline maintenance

    Volga Gas said its output improved in November following the completion of pipeline maintenance works. Production during the month of November rose to 4,687 barrels of oil equivalent per day, up...

  • 04 Nov
    09:25
    Volga Gas production slips 18% in October following pipeline works

    Russia-focused oil and gas producer Volga Gas said output during the month of October fell compared to September due to maintenance works. Average products during October was 3,134 barrels of oil...

  • 30 Sep
    13:59
    Volga Gas swings to loss owing to asset writedowns

    Russia-focused gas producer Volga Gas swung to a first-half loss after asset writedowns more than offset a rise in sales. Pre-tax losses for the six months through June amounted to $3.0m, compared...

  • 05 Aug
    09:31
    Volga Gas records disappointing flow rates from Russian well

    Volga Gas said a new well in Russia had produced oil and gas at rates below its expectations, potentially leading to a reserves downgrade. The Uzen 4 horizontal sidetrack was drilled to 1,132...

  • 02 Jul
    13:28
    Volga Gas production rises in June following pipeline maintenance

    Russia focused Volga Gas said its production volumes bounced back in June following completion of some pipeline maintenance. Production for the month averaged 6,190 barrels of oil equivalent per...

  • 04 Jun
    08:18
    Volga Gas production slips in May due to pipeline maintenance

    Russia-focused Volga Gas said it produced less oil and gas in May due to Gazprom pipeline maintenance. Production for the month averaged 4,221 barrels of oil equivalent, down 14% from April. 'The...

  • 20 May
    09:37
    Volga Gas production rises after expansion of plant capacity

    Russia-focused Volga Gas said it had boosted production volumes in the first four months of the year. Output for the four months through April averaged 5,859 barrels of oil equivalent per day, up...

  • 03 May
    09:41
    Volga Gas output slips in April due to maintenance shutdown

    Russia-focused Volga Gas said its production volumes fell 23% during the month of April compared to March, due to a maintenance shutdown. Average output in April was 4,905 barrels of oil...

  • 08 Apr
    08:24
    Volga Gas profit rises after boost in sales volumes

    Russia-focused Volga Gas posted a rise in annual profit as higher sales volumes boosted revenue. Pre-tax profit for the year through December jumped to $10.6m, up from $0.2m on-year. Sales...

  • 04 Mar
    09:41
    Volga Gas boosts production in February by 9.6%

    Russian-focused producer Volga Gas said it boosted production during the month of February by 9.6% compared to January. Average daily production over the month was 6,389 barrels of oil equivalent...

  • 29 Jan
    09:00
    Director Deals - Volga Gas PLC (VGAS)

    Vladimir Koshcheev, Non Executive Director, has transferred out 150,009 shares in the company on the 25th January 2019 at a price of 0.00p. The Director now holds 269,201 shares. NOTE: Transferred...

  • 08 Jan
    09:17
    Volga Gas beats annual output target despite December fall

    Russia-focused producer Volga Gas said it beat its annual product targets despite output slipping in December. Production in calendar 2018 amounted to 5,144 barrels of oil equivalent per day,...

  • 05 Oct
    07:50
    Volga Gas output falls after well, pipeline works

    Volga Gas said oil production from its Russian assets fell 27% in September compared to August, mostly due to workover operations at a key well. Production from the Uzen 6bis well was expected to...

  • 06 Aug
    09:01
    Volga Gas output in July hit by pipeline maintenance

    Volga Gas said its output fell 32% in July due to downtime incurred by Gazprom pipeline maintenance. Average production during the month was 4,516 barrels of oil equivalent per day. Gas...

  • 18 May
    09:37
    Volga Gas starts producing LPG from new Russian plant

    Russia-focused Volga Gas said production of liquid petroleum gases had commenced its its Dobrinskoye processing plant. The first commercial load of LPG was transported from the plant on 17 May,...

  • 04 May
    09:19
    Volga Gas April output down 9% follow well testing disruption

    Volga Gas said output in April fell 9% compared to March due to a few days break for well testing. The Russia-focused company produced 3,788 barrels of oil equivalent per day during the month....

  • 13 Apr
    09:40
    Volga Gas profit falls due to technical disruptions

    Russia-focused Volga Gas said its annual profit fell sharply after the implementation of technical upgrades disrupted production. Pre-tax profit dropped to $168k, down from $1.2m in 2016, as sales...

  • 05 Mar
    09:27
    Volga Gas production slips in February following maintenance work

    Russia-focused oil and gas producer Volga Gas said output fell 5% in February on-month to 3,924 barrels of oil equivalent per day. Average gas processing capacity utilisation decreased by 8%...

  • 03 Jan
    07:41
    Volga Gas output up in December

    Volga Gas said oil and gas output increased during the month of December after it better utilised its production capacity. Production rose to 5,289 barrels of oil equivalent per day, up from 4,946...

  • 05 Dec
    07:40
    Volga Gas production up in November

    Russia-focused Volga Gas said production volumes rose in November as it improved infrastructure utilisation. Oil and gas output rose to 4,946 barrels of oil per day, up from 3,432 boepd in...

  • 03 Nov
    08:23
    Volga Gas output up 1% in October

    Russia-focused Volga Gas said average production in October rose by 1% compared to September. Output in October rose to an average of 3,432 barrels of oil equivalent per day, lower than the...

  • 04 Oct
    07:23
    Volga Gas boosts output

    Volga Gas said it produced an average of 3,409 barrels of oil equivalent per day in September, up 24% compared to August. Story provided by StockMarketWire.com

  • 28 Sep
    08:04
    Volga Gas revenue up 45% in first half

    Volga Gas, the oil and gas exploration and production group, grew revenues by 45% to $23.1 million in the first half, led by higher production volumes, stronger oil prices and a recovery in the...

  • 28 Sep
    07:04
    FLASH: Volga Gas profits surge 157%

    Story provided by StockMarketWire.com

  • 03 Aug
    07:47
    Volga Gas average gas processing capacity rises

    Volga Gas announced in July 2017, average gas processing capacity utilisation increased slightly compared to June 2017 while test production continued using the new Redox gas sweetening process....

  • 02 Aug
    07:41
    Volga Gas issues update

    Volga Gas provided an update on the drilling of its Uzen #101 horizontal oil production well in the Uzen field. As recently announced on 10 July 2017, the horizontal well #101 in the company's...

  • 24 Jul
    13:30
    Director Deals - Volga Gas PLC (VGAS)

    Andrey Zozulya, Chief Executive Officer, has been awarded 170,000 shares in the company on the 24th July 2017 at a price of 58.25p. The Director now holds 270,000 shares. Story provided by...

  • 24 Jul
    13:14
    Volga Gas buys back shares

    Volga Gas has announced that, on 24 July, the Company purchased 170,000 of its own ordinary shares at 58.25p each. The Company said the purchase was made to settle a bonus payment to its Chief...

  • 10 Jul
    07:39
    Volga Gas issues operational update

    Volga Gas has provided an update on its activities and operations in the Volga Region of Russia. HIGHLIGHTS: - Successful introduction of Redox based gas sweetening process at the Dobrinskoye gas...

  • 10 Jul
    07:07
    FLASH: Volga Gas issues operational update

    Story provided by StockMarketWire.com

  • 05 Jun
    08:09
    Volga Gas issues production report for May 2017

    Volga Gas said that in May 2017 its average gas processing capacity was reduced, as expected, in order to permit full industrial testing of the new gas sweetening process. Group average...

  • 05 Jun
    07:10
    FLASH: Volga Gas issues production report for May 2017

    Story provided by StockMarketWire.com

  • 19 May
    14:06
    All resolutions passed at AGM of Volga

    Volga Gas has announced that, at its Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed. At 2:06pm: (LON:VGAS) Volga Gas PLC share price was +0.5p...

  • 19 May
    07:18
    Volga Gas boosts output

    Volga Gas said between Jan. 1 and April 30 its production averaged 7341 boepd, from 5932 boepd a year earlier. "I am pleased to report that the assets of the group are continuing to perform...

  • 19 May
    07:04
    FLASH: Volga Gas issues operational update

    Story provided by StockMarketWire.com

  • 03 May
    07:44
    Volga Gas boosts avg. production in April from March

    Volga Gas said that in April average gas processing capacity was back to its normal level whereas seasonal disruptions to transportation of oil from the Uzen field continued to take place. The...

  • 03 May
    07:09
    FLASH: Volga Gas boosts avg. production in April from March

    Story provided by StockMarketWire.com

  • 04 Apr
    09:56
    Volga Gas books FY pretax profit

    Volga Gas has booked a FY pretax profit of $1.9m, from a loss of $4.6m, after a pleasing performance of its main producing assets in 2016. There was a ten-fold increase in EBITDA to $9.6m, from...

  • 04 Apr
    07:05
    FLASH: Volga Gas issues March 2017 production report

    Story provided by StockMarketWire.com

  • 02 Feb
    07:10
    FLASH: Volga Gas issues January 2017 production report

    Story provided by StockMarketWire.com

  • 03 Jan
    16:06
    Volga Gas output jumps

    Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, reports average production at 8,060 barrels of oil per day in December. This was the highest...

  • 03 Jan
    16:05
    Oil, Gas Roundup

    Volga Gas (LON:VGAS), the oil and gas exploration and production group operating in the Volga Region of Russia, reports average production at 8,060 barrels of oil per day in December. This was...

  • 19 Dec
    16:21
    Oil, Gas Roundup

    San Leon (LON:SLE) was the sector's biggest riser - up by over 17.9% in late trading - after noting the takeover speculation regarding the company and confirming that it has received an approach...

  • 19 Dec
    07:36
    Volga Gas issues drilling update

    Volga Gas has issued an update on its drilling activities on a sidetrack to the Uzen #4 oil well. Volga Gas has been drilling a sidetrack to its Uzen #4 oil well with the intention of accessing a...

  • 19 Dec
    07:08
    FLASH: Volga Gas issues drilling update

    Story provided by StockMarketWire.com

  • 05 Dec
    09:36
    Volga Gas issues Nov. production report

    Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to its average production volumes for November 2016 and for the year to date....

  • 05 Dec
    07:12
    FLASH: Volga Gas issues Nov. production report

    Story provided by StockMarketWire.com

  • 29 Nov
    16:01
    Oil, Gas Roundup

    Nostra Terra (LON:NTOG) was the sector's biggest riser after it announced the acquisition of an 80% Working Interest in certain oil and gas interests comprising the Pine Mills oil field and...

  • 29 Nov
    07:23
    Volga Gas notes LPG project authorisation

    Volga Gas said directors have given preliminary authorisation to a project based at the Group's Dobrinskoye Gas Processing plant for the capture, storage and sale of liquid petroleum gases (LPGs)...

  • 29 Nov
    07:13
    FLASH: Volga Gas notes LPG project authorisation

    Story provided by StockMarketWire.com

  • 02 Nov
    09:22
    Volga Gas issues October 2016 production report

    Volga Gas said in October its average production totalled 7494 boepd, comprising 28.7 mmcfd of gas, 1581 of gas and 1132 of oil. At 9:22am: (LON:VGAS) Volga Gas PLC share price was -1p at...

  • 02 Nov
    07:09
    FLASH: Volga Gas issues October 2016 production report

    Story provided by StockMarketWire.com

  • 04 Oct
    16:22
    Oil, Gas Roundup

    Volga Gas (LON:VGAS) said average group production for the September 2016 was 7927 barrels of oil equivalent per day, up 11.9% on August. This was highest monthly production rate achieved in 2016....

  • 04 Oct
    07:19
    Volga Gas issues September production report

    Volga Gas said average group production for the September 2016 was 7927 barrels of oil equivalent per day, up 11.9% on August. This was highest monthly production rate achieved in 2016. Story...

  • 04 Oct
    07:06
    FLASH: Volga Gas issues September production report

    Story provided by StockMarketWire.com

  • 16 Sep
    16:19
    Oil, Gas Roundup

    Solo Oil (LON:SOLO) has raised £2m through the issue of 1.11bn shares at 0.18p each in a company-sponsored placement to a single institutional investor, being Epsilon Pty. The Placing Shares...

  • 16 Sep
    13:42
    Volga Gas output increases

    Volga Gas says average group production for August 2016was 7,081 barrels of oil equivalent per day (11.5% higher than July). This was the highest monthly production rate achieved in 2016 and...

  • 10 Jun
    16:24
    Oil, Gas Roundup

    Petrel Resources (LON:PET) has formally accepted two new licensing options awarded in the Porcupine Basin, offshore Ireland, as part of phase 2 of the 2015 Atlantic Ireland licensing round....

  • 10 Jun
    07:43
    Volga Gas posts operational update

    Volga has updated on its activities and operations, the highlights of which are as follows: · Between 1 January and 31 May 2016, Group production averaged 5,932 barrels of oil equivalent per...

  • 10 Jun
    07:08
    FLASH: Volga Gas posts operational update

    Story provided by StockMarketWire.com

  • 13 Apr
    15:48
    Oil, Gas Roundup

    Range Resources (LON:RRL) was one of the sector's biggest risers in late trading after it said initial log evaluations on the MD 250 development well in Trinidad are highly encouraging with...

  • 13 Apr
    09:57
    Volga Gas appoints new CFO

    Volga Gas said that, from May 13, Tony Alves will be standing down as CFO. Thereafter the role would be filled by Vadim Son. At 9:57am: (LON:VGAS) Volga Gas PLC share price was +0.5p at 34p...

  • 01 Apr
    16:09
    Oil, Gas Roundup

    Ascent Resources (LON:AST) was the sector's biggest faller after Cadogan Petroleum (LON:CAD) confirmed it did not intend to make an offer for the company. Cadogan cited the recent the rise in...

  • 01 Apr
    10:46
    Volga Gas swings to FY pretax loss

    Volga Gas said during 2015 it faced significantly reduced oil prices and devaluation of the Russian Ruble as well as relatively higher rates of Mineral Extraction Taxes and disruptions to the...

  • 01 Apr
    07:14
    FLASH: Volga Gas swings to FY pretax loss

    Story provided by StockMarketWire.com

  • 23 Feb
    16:20
    Oil, Gas Roundup

    The sector was fairly evenly split between risers and fallers on a day where there was a dearth of company reports or announcements to provide any direction. There were two double-digit risers -...

  • 18 Dec
    16:10
    Oil, Gas Roundup

    Volga Gas's (LON:VGAS) shares were up in late trading after it confirmed that combined production of gas from its Vostochny Makarovskoye and Dobrinskoye fields had reached its short term target of...

  • 18 Dec
    07:11
    FLASH: Volga Gas confirms rise in gas, condensate output

    Story provided by StockMarketWire.com

  • 14 Dec
    07:13
    FLASH: Volga Gas issues operational update

    Story provided by StockMarketWire.com

  • 07 Dec
    15:58
    Oil, Gas Roundup

    LGO Energy (LON:LGO) was the sector's biggest faller after it put itself up for sale as part of a formal strategic review of the company's business and assets with a view to considering all options...

  • 07 Dec
    14:57
    Volga Gas drilling Karpenskiy exploration well

    Volga Gas says it is currently drilling an exploration well in its 100% owned Karpenskiy licence area in the Saratov Region of southern Russia. The well is being drilled on the Yuzhno...

  • 25 Sep
    07:10
    FLASH: Volga Gas swings to H1 pretax loss

    Story provided by StockMarketWire.com

  • 05 Jun
    11:02
    Production picks up at Volga Gas

    Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, has updated the market following the impact on production as the domestic market for oil...

  • 24 Apr
    16:24
    Oil, Gas Roundup

    Falkland Oil and Gas (LON:FOGL) was one of the sector's biggest fallers after it reported that work on the Isobel Deep well had been suspended due to a problem with the blowout preventer. FOGL has...

  • 24 Apr
    10:36
    Volga Gas sets date of AGM

    Volga Gas has confirmed that its Annual General Meeting is to be held at 10.00 a.m. BST on 5 June 2015 at the London office of Akin Gump Strauss Hauer & Feld, 8th floor, 10 Bishops Square,...

  • 16 Apr
    12:18
    New CEO at Volga Gas

    Volga Gas, the oil and gas exploration and production group operating in the Volga region of Russia, has announced Board changes. Mikhail Ivanov who has been chief executive officer for nine years...

  • 30 Mar
    15:55
    Oli, Gas Roundup

    Xtract Resources (LON:XTR) was the sector'r biggest faller after it raised £1.75m through a placing of 1,166,666,667 ordinary shares at 0.15p apiece. The funds raised will be used for further...

  • 30 Mar
    09:18
    Volga Gas hikes FY pretax profit by 79%

    Volga Gas said during 2014 it benefitted from a FY's operation at increased throughput at the Dobrinskoye gas plant which enabled sustained production from the Group's largest field, Vostochny...

  • 30 Mar
    07:20
    FLASH: Volga Gas hikes FY pretax profit by 79%

    Story provided by StockMarketWire.com

  • 19 Feb
    16:12
    Oil, Gas Roundup

    JKX Oil & Gas (LON:JKX) was the sector's biggest faller after Proxima Capital Group announced that it did not intend to proceed with a potential offer and that talks had been terminated. The...

  • 19 Feb
    08:00
    Volga Gas gives operational update

    Volga Gas said drilling operations are under way on the VM#3 well, which is being partially re-drilled after mechanical difficulties caused operations to be suspended late in 2014. The drilling is...

  • 19 Feb
    07:03
    FLASH: Volga Gas gives operational update

    Story provided by StockMarketWire.com

  • 27 Jan
    17:06
    FTSE down on financials as Europe, Wall St fade

    FTSE indices followed falls in Europe to the close, with Wall St opening southbound on disappointing corporate results. The spectre of Greece's new government weighed on France's CAC 40 and...

  • 27 Jan
    10:53
    Volga Gas fails to find a buyer

    Volga Gas has concluded a formal sale process announced last June. It received a number of proposals were from interested parties but none were deemed to represent a fair value for the company....

  • 17 Dec
    16:11
    Oil, Gas Roundup

    Solo Oil (LON:SOLO) was the sector's biggest riser in late trading after it confirmed significant increased estimates at the Horse Hill-1 discovery and approval of its acquisition of a stake in...

  • 15 Dec
    15:56
    Oil, Gas Roundup

    LGO Energy's (LON:LGO) shares soared after revealing that output from its most recently completed well at the Goudron field in Trinidad is flowing at more than 1000 barrels of oil per day. LGO...

  • 15 Sep
    07:19
    FLASH: Volga Gas H1 pretax profit rises

    Story provided by StockMarketWire.com

  • 10 Jul
    07:05
    FLASH: Volga Gas says capital reduction now effective

    Story provided by StockMarketWire.com

  • 13 Jun
    16:17
    Oil, Gas Roundup

    Tower Resources' (LON:TRP) shares plummeted after disappointing results from the Welwitschia-1A well on PEL0010, offshore Namibia. Tower's wholly-owned subsidiary, Neptune Petroleum (Namibia),...

  • 13 Jun
    08:27
    Volga Gas says Q1 production up 52.5% on 2013 avg.

    Volga Gas said production between 1 January and 31 March 2014 was about 4,512 barrels of oil equivalent per day (boepd), which represents a 52.5% increase on the average production rate for 2013....

  • 13 Jun
    07:14
    FLASH: Volga Gas says Q1 production up 52.5% on 2013 avg.

    Story provided by StockMarketWire.com

  • 05 Jun
    15:59
    Volga Gas puts itself up for sale

    Volga Gas - which has been exploring strategic options for the business, including seeking potential offerors for the company- has put itself up for sale. The company will conduct a formal sale...

  • 05 Jun
    15:52
    Oil, Gas Roundup

    Volga Gas's (LON:VGAS) shares rose after the company - which has been exploring strategic options for the business, including seeking potential offerors - put itself up for sale. The company will...

  • 01 Apr
    15:58
    Oil & Gas Round-up

    Volga Gas's (LON:VGAS) shares were up by more than 9.5% in late afternoon trading after it swung to a full-year pre-tax profit of $9.1m, from a loss of $6.3m in the prior year. Revenue was up 22%...

  • 01 Apr
    08:33
    Volga Gas swings to FY pretax profit $9.1m

    Volga Gas swung to a FY pretax profit of $9.1m, from a loss of $6.3m in the prior year. Revenue was up 22% to $34.6m, from $28.3m. The oil and gas exploration and production company operating in...

  • 01 Apr
    07:18
    FLASH: Volga Gas swings to FY pretax profit $9.1m

    Story provided by StockMarketWire.com

  • 23 Jan
    17:35
    Director Deals - Volga Gas PLC (VGAS)

    Vladimir Koshcheev, Non Executive Director, sold 50,000 shares in the company on the 23rd January 2014 at a price of 107.75p. The Director now holds 419,210 shares. Story provided by...

  • 14 Jan
    15:42
    Oil & Gas Sector: Volga boosted by production uplift

    Russian oil and gas producer Volga Gas (LON:VGAS) gains 8.1% to 110p as it announces 2013 output up 46% year-on-year to 2,922 barrels of oil equivalent per day (boepd). The company expects to...

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