Dragon Oil issues its Interim Management Statement in accordance with the EU Transparency Directive. The statement covers the period from 1 January 2015 to date. The financial, production and drilling results data are for the period from 1 January 2015 to 31 March 2015. All other information, including details on operations, is up-to-date as of 20 April 2015.
Dr Abdul Jaleel Al Khalifa, CEO, commented,'We have seen a very strong gross production performance at 88,700 bopd in the Cheleken Contract Area in the first quarter of 2015. This represents a 23% increase over the corresponding level in 2014. Since the beginning of April, we are producing at above 93,000 bopd. This gives us added confidence in reaching our target of 100,000 bopd gross production later this year.'