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Salyan Oil steering committee to examine budget expenses

Oil&Gas Materials 2 June 2006 13:17 (UTC +04:00)

Salyan Oil Limited is going to lead a session of its steering committee by the end of June, company officials told Trend. At this meeting shareholders will examine the totals of operations for the first half-year, as well as efficient spending of budget and plans for the second half-year.

Salyan Oil budget-2006 amounts some $50mln. Its general drilling contractor is Great Wall of China. One more session of steering committee will take place in October 2006 with approving the budget-2007.

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