Centurion Provides Drilling Update

Drilling of Centurion's Al Manzah No. 3 well in Tunisia has reached a depth of 3,395 feet in the transition zone just above the top of the target Bou Dabbous reservoir. The well did encounter hydrocarbon shows and intermediate casing has been set to the top of the target Bou Dabbous reservoir.

Drilling operations will resume with an underbalanced drilling system. It is expected that drilling will kick-off into the Bou Dabbous reservoir in the following two days with completion of drilling anticipated within the next 10 days.


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