Volga Gas Plc. is an independent oil and gas exploration and production company. The company through its subsidiaries is engaged in the acquisition, exploration and development of hydrocarbon assets and production of hydrocarbons in the Volga Region of the Russian Federation. It owns five license areas in the Saratov and Volgograd regions: Karpenskiy, Vostochny-Makarovskoye, Dobrinskoye, Pre-Caspian and Urozhainoye-2. Volga Gas was founded on July 25, 2006 and is headquartered in London, the United Kingdom.