Dragon Oil

Description

Dragon Oil is an independent international oil and gas exploration, development and production company.  Our principal producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan.

The Group’s headquarters are located in Dubai, United Arab Emirates. We also have offices in Ashgabat, the capital of Turkmenistan.

Dragon Oil had proved and probable oil reserves as at 31 December 2010 of 639 million barrels of oil and condensate, 1.6 trillion cubic feet of gas reserves (corresponding to 260 million barrels of oil equivalent) and 1.4 trillion cubic feet of gas resources.