In H1, Lukoil increased oil production by 0.1% and increased reserves
Edited by Rhod Mackenzie / 2013-09-02 06:27:15
In the first six months, the Russian private oil company Lukoil increased the oil production by 0.1% and oil reserves by 6 million tons of oil equivalent, the company reports.
On Friday, the Lukoil’s Board of Directors considered preliminary results of the Group’s work in the first six months of 2013 and fulfillment of the investment program-2013. “As a result of the geological exploration carried out, in the reporting period Lukoil received the increase of oil reserves in the amount of 6 million tons of oil equivalent that corresponds to planned figures,” – the report says.
