Dragon Oil output higher in December, reserves rise

Dragon Oil said oil production from its fields in Turkmenistan ramped up in December on the completion of new facilities as it lifted its oil reserves by 3.6 percent.
The company, which in October cut its production growth guidance, said on Thursday that average daily production for 2010 rose 5.5 percent to 47,211 barrels of oil per day, in line with what it said in October.
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Source: Reuters