No 40



Dragon Oil Reports Cheleken Production At 14,000 B/D During 1H 2003

Dragon Oil has reported an average gross production of 14,069 b/d from its offshore Turkmenistan Cheleken Contract Area during the first half of 2003. In its 2003 interim results, Dragon said that of the 14,069 b/d produced, an average of 9,048 b/d went to Dragon which was exported through two routes. Dragon sold 787,954 barrels through Baku and 820,000 barrels through Neka under the terms...