Dragon Oil output increases 36%

DRAGON OIL, the Dubai-based explorer operating in Turkmenistan, said oil production in the first half of this year increased 36%.

Average production rose 38,482 barrels a day from 28,321 barrels in the year-earlier period.

The company sold 3.5 million barrels at an average price of $108 a barrel, compared with $61 a year earlier.