Volga Gas is an independent oil and gas exploration and production company focused on the Volga Region of western Russia and with a 100% interests in four licenses to explore for and produce oil, gas and condensate in the Volgograd and Saratov Regions. The share price has steadily recovered from a low of c.30p reached in Jan 2016 to the current c.55p, following an improvement in production operations. In our opinion the stock as fairly valued versus that of industry peers; however, we view th
07 Feb 2017
Volga Gas is an independent oil and gas exploration and production company focused on the Volga Region of western Russia
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Volga Gas is an independent oil and gas exploration and production company focused on the Volga Region of western Russia
- Published:
07 Feb 2017 -
Author:
Lionel Therond -
Pages:
3
Volga Gas is an independent oil and gas exploration and production company focused on the Volga Region of western Russia and with a 100% interests in four licenses to explore for and produce oil, gas and condensate in the Volgograd and Saratov Regions. The share price has steadily recovered from a low of c.30p reached in Jan 2016 to the current c.55p, following an improvement in production operations. In our opinion the stock as fairly valued versus that of industry peers; however, we view th