Dragon Oil Begins Final Testing of Lam 22-103 Well

Dragon reports that the Lam 22-103 well is in the final stages of testing prior to being put on production in approximately 7 days time.

The well was drilled to a depth of 3,908 meters and was completed with sliding sleeves, to enable testing and production from four separate oil bearing intervals. All four intervals were tested. Two of the intervals tested aggregate rates of approximately 3,700 barrels of oil per day, one zone tested condensate at 1,059 barrels of oil per day and one interval produced water. It is planned to place the two oil intervals on production on completion of the testing of the condensate interval. The rig will then be skidded over to commence LAM 22/104 which is expected to spud around the end of June.


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