00:00 We produce 61,000 barrels of oil per day
00:04 and we don't produce gas
00:07 How much is the investment?
00:09 The investment is approximately
00:11 Approved by the two parties
00:19 500 million dollars
00:22 and we are committed to our investments in exploration and mining
00:26 and to increase production
00:32 and to maintain the wells and the facilities
00:35 This year is 2024?
00:37 Yes, this is 2024
00:39 and we believe that 2024 is the most optimistic year
00:44 and the most productive year since 2023
00:47 because of the discovery of the oil that arrived
00:50 to add 6000 barrels per day
00:53 and this gives us the optimism to work more in the same area
00:59 How many wells have been mined?
01:01 We have mined 2 wells and we are going to mine the third one
01:04 and we will see the results
01:06 How much does 500 million dollars add to the production of the company?
01:10 We are an old company
01:12 and the least we can do is to maintain the production
01:15 and maintain the production
01:18 and to implement some opportunities if it is possible to increase production
01:24 Is there a plan to add oil?
01:28 Not at the moment
01:31 As you know, Dragon Oil is working in Turkmenistan, Iraq and Egypt
01:38 We have expansions in Iraq
01:42 and we are working on investment and managing projects through our partners
01:49 and we are working on 100% operation in Turkmenistan
01:56 How much oil is produced in Turkmenistan?
01:58 60,000 barrels, similar to Egypt
02:01 and 75,000 barrels in Iraq
02:03 and we have 30% equity
02:06 Is there a plan to increase these investments in Iraq and Turkmenistan?
02:11 Yes, we are trying to reach 100,000 barrels per day in Iraq
02:17 by the end of the year, God willing
02:20 after the completion of the oil development projects and the gas production projects
02:25 so that we don't have any gas combustion
02:29 which was the limit, the limit to increase production
02:34 and at the same time, we are going to mine more wells
02:37 and we are trying to use the new wells
02:42 so, everything is good, thank God
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