The company's average daily production has increased during the period by a compound annual growth rate of 96%, and it aims to drill as many as 67 wells this year.

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Its average daily production last year was over 3.4 million barrels--some 11% of the OPEC total--well ahead of countries like Kuwait and Nigeria (see chart, p. 40), and 50% more than Iraq needs to finance its ambitious development plans.

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