Volga Gas plc Reports Revenue Results for the Year to Date Ended May 31, 2018; Provides EBITDA Guidance for the Year to Date Ended May 31, 2018
June 07, 2018 at 07:01 am
Volga Gas plc reported revenue results for the year to date ended May 31, 2018. Revenues for the first five months to 31 May 2018 were USD 16.3 million against USD 19.4 million a year ago, with lower production partly offset by higher prices for oil and condensate.
The estimated EBITDA for January to May 2018 was USD 4.6 million (1 Jan. to 31 May 2017: USD 7.2 million).