ZhaikMunai reports $20.1 Million First Half Loss

03.09.2009
    Kazakhstan-focused oil producer Zhaikmunai reported a $20.1-million net loss in the first half of 2009, compared with a profit of $17.6 million in the same period last year, the company said on Tuesday.     According to its statement, a $15.4-million loss on a hedge and a $12.6-million foreign exchange loss resulting from...