Dragon Oil Completes Initial Testing at Lam Well

Dragon Oil plc announced the successful completion and initial testing of the Dzheitune (Lam) 28/166 development well. The well was completed with a single string to a depth of 9,219 feet (2,810 meters) and tested for initial production at 1,975 barrels of oil per day. The rig has skidded to the next slot and spudded the Dzheitune (Lam) 28/169 well.

We are currently completing the Dzheitune (Lam) C/167 well with initial test results anticipated in approximately two weeks' time. An additional perforation performed on the Dzheitune (Lam) 13/144B existing well yielded limited incremental production. Drilling of the Dzheitune (Lam) 13/168 well is ongoing.

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