31/01/2015 06:42:00 Free Membership Login

Volga Gas News (LSE:VGAS)

01/27/20155:58AMALNCVolga Gas Says No Longer For Sale; Costs To Fall In Line With Revenue
LONDON (Alliance News) - Volga Gas PLC on Tuesday said it has taken itself off the auction block after failing to attract any acceptable offers, and said it expects its costs to come down in line with a decline in revenue. The company said its formal sale process, announced in June, has now been withdrawn. It said it received... More...>>
11/12/20144:48AMALNCVolga Gas Says Well In Russia Still Suspended; Sale Process Continues
LONDON (Alliance News) - Volga Gas PLC Wednesday said its new well in the Volga region in Russia continues to be suspended and is not expected to be completed until next year, delaying production growth from the oilfield until the middle of 2015. Its drilling operations on the VM 3 well continues to be hampered. In September... More...>>
09/15/20145:40AMALNCVolga Gas Profit And Revenue Jump As Sale Process Continues
LONDON (Alliance News) - Volga Gas PLC posted a jump in pretax profit and revenue in the first-half on Monday, as it said its oil production surged higher in the period and said the sale of the company is ongoing. The company said its pretax profit for the six months to June 30 was USD8 million, up from the USD4.3 million... More...>>

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