Volga Gas profits soar as output increases
13th Sep 2011 11:51
Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, saw profits in the six months to 30 June soar after a sharp increase in production. Pre-tax profits rose to $3.1m from $176,000 over the same period the previous year on revenues that climbed to $14
Read moreVolgas gas rises 3% following trading update
17th Jun 2011 11:56
The Russia based oil and gas exploration and production group Volgas gas has today provided an update on current activities. First of all, the acquisition of the Dobrinskoye gas field and plant was completed during April 2011 and began contributing to revenues as of 1 April 2011. Secondly, it poi
Read moreSmall caps round-up: Stanley Gibbons, Plantic, Volga, Somero...
21st Sep 2010 16:14
Stanley Gibbons has acquired first day cover stamps and collectibles business Benham from the flowers and gifts retailer, Flying Brands for £1.5m. Benham produced a full-year revenue of £2.96m for Flying Brands in its last full-year results, with a pre-tax profit of £0.41m. Stanley Gibbons' Chie
Read moreSmall Caps round-up - M J Gleeson, Off-Plan Fund, Red Leopard...
26th Oct 2009 11:42
Urban regeneration and strategic land specialist M J Gleeson has named Jolyon Harrison as the managing director of its Gleeson Regeneration & Homes division. Harrison, 61, who's spent 40 years in the house building business in the North of England, will replace Colin Rossiter on 2 November. He bou
Read moreLondon close: Footsie nears 52-week high
16th Sep 2009 17:03
London raced ahead today, with the FTSE 100 crashing through the 5100 barrier near to a 12-month high, though it stopped short of racking up a triple-digit rise. Mining stocks were responsible for a large proportion of the index's rise as metals prices headed north following comments from Federal
Read moreLondon afternoon: Footsie consolidates gains
16th Sep 2009 14:30
The number of FTSE 100 constituents in the red today is in single figures as investors chase up share prices in the wake of relatively upbeat comments from Federal Reserve Chairman Ben Bernanke last night. Bernanke said the US recession 'is very likely over at this point,' prompting an advance by gl
Read moreVolga Gas's EBITDA turns positive
16th Sep 2009 13:49
Volga Gas, the oil and gas exploration and production group operating in the Volga Region of European Russia, virtually eliminated losses in the first half of 2009 as the revenue started to roll in. Loss before tax in the six months to 30 June 2009 narrowed to $0.22m from $5.03m in the first half o
Read moreVolga Gas pleased with Yuzhny Uzenskaya progress
25th Aug 2009 16:12
Oil and gas firm Volga Gas saw its shares shoot higher Tuesday after an update on supra-salt drilling and development activities in its Karpenskiy Licence Area. The company said the Yu-Uz#8 development well on the Yuzhno-Uzenskaya field has been drilled and has tested productive oil pay while the Y
Read moreProgressive Digital's Danson in buying mood
7th Jul 2009 17:02
News that the chairman and chief executive of Progressive Digital Media Group have splashed out more than £400,000 on shares sent the digital marketing firm the right way Tuesday. Chairman Mike Danson added 2.2m shares to his stake, which now approaches 316m, or 85.5% of the business. The purchase
Read moreParkmead men buy 10m shares each
22nd Jun 2009 16:57
There's been heavy buying of investment company Parkmead recently, with bosses keen to snap up stock near historic lows. Non-executive chairman Colin Goodall and non-executive director Thomas Cross both bought 10m shares at 1p each. The £100,000 purchases take former BP man Goodall's stake to 12m
Read moreMichael Page man meets tax demands
14th May 2009 17:20
Charles-Henri Dumon, recruitment group Michael Page's managing director for Continental Europe and The Americas, has sold £6700,000 worth of shares for personal tax and social security liabilities. The liabilities arose on earlier disposals and the vesting of his allocation under the group share pl
Read more