Dubai’s Dragon Oil to launch survey in Afghanistan | The National:
"Dragon Oil, the Dubai-owned oil producer, is launching a geological survey of concessions in Afghanistan this year as part of a US$1.5 billion planned spending campaign.
Dragon and its partners in Afghanistan, Turkiye Petrolleri and the Ghazanfar Group, will conduct two-dimensional seismic imaging over a 1,275 kilometre stretch, it announced yesterday.
Dragon, which is 51 per cent-owned by Dubai’s Emirates National Oil Company, holds a 40 per cent stake in the concession it secured last year. It will be the operator of the Sanduqli block, which borders Turkmenistan and Uzbekistan and spans 2,563 square km.
Dragon is also exploring in Tunisia, Egypt, Iraq and the Phillipines in an effort to expand its production base beyond Turkmenistan, where late rig deliveries this year have delayed its drilling programme."
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