Volga Gas plc

Volga Gas plc, through its subsidiaries, explores, develops, and produces oil, gas, condensate, and liquid petroleum gas in the Volgograd and Saratov regions of Russia. It holds 100% interests in the Karpenskiy license covering an area of 4,166 square kilometers located in the Saratov region; Vostochny Makarovskoye and Dobrinskoye license located in the Volgograd region; and Urozhainoye-2 license located in the Saratov region, as well as Muradymosky. The company has proved plus probable reserves of 10.472 million barrels of oil and condensate; and 70.7 billion cubic feet of natural gas, as well as 198 tons of LPG. Volga Gas plc was incorporated in 2006 and is based in London, the United Kingdom.