"Production has come back at about the same levels we were seeing prior to the curtailment," commented Lorrie T. Olivier, Chief Executive Officer. "We are making good progress toward implementation of our gas utilization plan, and look forward to making our first export shipments directly through our own pipeline connection."
Transmeridian Exploration Incorporated is an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union. The company primarily targets fields with proved or probable reserves and significant upside reserve potential. Transmeridian Exploration currently has projects in Kazakhstan and southern Russia and is pursuing additional projects in the Caspian Sea region.
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