Hurricane Kumkol Munai company has fixed maximum volume of oil extraction

/Kazakhstan today, Dec 10, 01/ - Hurricane Kumkol Munai company (HKM) on the eve of its 5th anniversary has fixed maximum volume of oil extraction - 115,748 barrels. It was informed by Lucy Stratulate, the public relations director of Hurricane-SHNOS group of companies to KZ-today. It's anticipated that by the end of year 2001 oil extraction will have reached 120,000 barrels of oil per day. According to L. Stratulate, by the end of 2001 the company will have invested $88 million for modernization of existing industrial objects and optimization of technological projects at Kumkol and close fitting to it fields. During 5 years at total volume of investments $296 million Hurricane became the fourth largest oil extracting company in Kazakhstan covering approximately 70% of local budget of Kyzylorda in the form of taxes. Due to a celebration of 5th anniversary of HKM 188 best employees of the company have been awarded also prizes at ceremonial meeting held in Kyzylorda. Also the concert with participation of famous Kazakhstan and Russia artists took place. According to the president of HKM Marlow Thomas, "this field day is a result of tenacious and self-denying efforts of our employees".