Dragon's pre-tax profits were enhanced by advanced oil prices in the first half, increasing by 34pc to $187m (£117m) during the six months.

Revenue nurtured by 5pc to $276.3m, as the regular price at which it sold the crude was $75 per barrel - 50pc more than previous year.

Production did also inclined by 46,420 barrels of oil a day or by 8pc at the group, which is all ears on Turkmenistan but is now also spinning its attentions towards Azerbaijan.

Dragon shares climbed up by 3¼ to 451p, since the group established its impressive drilling program for the complete year.

According to Dr. Abdul Jaleel Al Khalifa, chief executive officer they anticipate to conclude a further five new expansion wells in 2010, fetching them to a total of 11 new wells for the year.

He further added that as an outcome, they are aiming up to 10pc production development for the year 2010. They stay convinced in their viewpoint for the remaining of the year. Additionally the group has put in position the new marketing preparations which provide them with a sheltered and consistent export route for the production.

The Emirates National Oil Company, its mainstream shareholder, makes an effort for a full attainment of Dragon in November.