Ukrnafta's 1H07 Oil & Gas Extraction Up 1.7% yoy

Ukrnafta (UNAF: SELL) announced yesterday that it had extracted 1.6 mln mt of oil and gas condensate in 1H07, an increase of 1.7% yoy. The company also announced that its sales of gasoline increased 15.8% yoy to 134 ths mt over the same period. In March, Ukrnafta announced that it was going to invest USD 270 mln into the modernization and extraction of hydrocarbons this year.