The company, which is debt-free, also is now pursuing acquisition targets at it looks to diversify its asset portfolio, which is currently focused solely on the Central Asian country.
Aggressive development drilling this year at the company’s Cheleken block in the Caspian Sea spurred a 25% boost in oil output to 58,000 barrels per day compared with the same period last year.
Aggressive development drilling this year at the company’s Cheleken block in the Caspian Sea spurred a 25% boost in oil output to 58,000 barrels per day compared with the same period last year.
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