Slavneft reports on oil output in January-June

Jul 27, 2000 02:00 AM

Slavneft boosted oil output by 3 %, supplies to refineries by 15 % and sales network by 100 % in the first half of 2000, compared to the same period last year, announced the company's President Mikhail Gutseriyev.
Slavneft subsidiaries extracted a total of 5.99 mm tons of oil in the first half of 2000, 3 % above the target figure and 77,800 tons more than they did in the same period last year. The scale of development drilling was estimated at 300,200 metres, up 60 % from the first half of 1999, which made it possible to begin the development of 105 new wells.

Source: Slavneft Company Press Service via NewsBase
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