VOL. XLIII

No. 27

3-July-2000

CASPIAN

Dragon Oil Reschedules Turkmenistan Drilling

Dragon Oil Turkmenistan Ltd (DOTL), a wholly owned subsidiary of Dubai-based Dragon Oil, has rescheduled its drilling program for offshore Turkmenistan. A statement released by Dragon said that following a tactical assessment of the project, the company had decided to commence drilling in September 2000 instead of July as previously announced. DOTL is the operator and 100% equity shareholder in the Cheleken...