OIL

Salamander sets the bar high

SALAMANDER chairman Charles Jamieson has told investors at its annual general meeting yesterday that the company expects its production base to reach 30,000 barrels of oil equivalent per day by 2013.

On top of recent exploration, the company plans to drill two wells on its 69% operated Bangkanai PSC in Indonesia during the third quarter this year. The wells will help the company fulfil a 130 trillion...

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