Dragon production up 6% in 2006

ISEQ-listed exploration company Dragon Oil saw a 6% increase year-on-year in gross production in 2006, with an average of 20,514 bopd (barrels of oil per day).

With the average realised price per barrel at $61.30 in 2006, up from the 2005 figure of $48.60, and four development wells completed during the year, the company hopes its financial results, due to be published in March, will be positive.