Oil, Gas Roundup

Volga Gas (LON:VGAS), the oil and gas exploration and production group operating in the Volga Region of Russia, reports average production at 8,060 barrels of oil per day in December.

This was the highest in the group's history and 48% higher than November.

Output for 2016 averaged 6,507 boepd compared with 3,278 boepd in 2015.

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Royal Dutch Shell (LON:RDSB) will release its fourth quarter and full year results on 2 February.

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Westmount Energy (LON:WTE) has granted directors a total of 1,750,000 share options at an exercise price of 7.5p per share.

Mervyn Bradlow, Gerard Walsh and Thomas O'Gorman were each granted 500,000 options and David King was granted 250,000. The options expire at the end of December 2019.

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Nighthawk Energy (LON:HAWK) reports net production of 364,399 barrels of oil for the 11 months to the end of November - down from 500,280 barrels in the corresponding period in 2015.

Net daily output averaged 1,088 barrels compared with 1,493 in 2015.

The company says that as reported on 30 November, it received a permit on 11 November to commence injection of water into one of the two planned water flood injection wells. On 29 December, the company received a permit to commence injection on the second well.

As reported on 16 December, the Company reached a settlement with Cascade Petroleum LLC. One of the provisions of the settlement was that Nighthawk was to complete an up-hole zone in the Monarch 10-15 well, at the company's expense, estimated to be approximately US$75,000.

A workover rig has been commissioned and the re-completion has commenced. Results of the up-hole completion will be announced in due course.

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Gulfsands Petroleum (LON:GPX) has announced the resignation of non-executive director and former chairman Andrew West with effect from 31 December. The board thanked him for his many years of service to the company and wished him well for the future.

At 4:05pm:

(LON:AUR) Aurum Mining PLC share price was +0.55p at 5.68p

(LON:BOR) Borders Southern Petroleum PLC share price was +0.06p at 3.02p

(LON:CHAR) Chariot Oil Gas Ltd share price was -0.2p at 8p

(LON:ENQ) EnQuest Plc share price was +3.38p at 45.38p

(LON:GKP) Gulf Keystone Petroleum share price was +2p at 131p

(LON:GPX) Gulfsands Petroleum PLC share price was -1.25p at 9.25p

(LON:HAWK) Nighthawk Energy PLC share price was -0.1p at 1.27p

(LON:INDI) Indus Gas Ltd share price was -8.5p at 382.5p

(LON:PET) Petrel Resources PLC share price was 0p at 5.5p

(LON:RDSB) Royal Dutch Shell share price was +22.25p at 2376.25p

(LON:RKH) Rockhopper Exploration PLC share price was 0p at 22.75p

(LON:RPT) Regal Petroleum PLC share price was +0.02p at 3.75p

(LON:VGAS) Volga Gas PLC share price was +3p at 53p

(LON:WTE) Westmount Energy Ltd share price was 0p at 5.75p