Dragon cuts 2012 production guidance

    Dragon Oil gave a 1H2012 operational update.     The company produced 64.2kbopd in 1H2012, up 10.7% YoY, hitting the lower bound of Visor’s expectations (64-67kbopd). This implies a 2Q2012 production of 57.8kbopd.     This was also reflected in the company’s revision of 2012 production growth lowered to a range of 10-15%, from...