Dragon Begins Drilling Next Well on Chleken Block

Dragon commenced drilling Well 107 on LAM 21 over the weekend as part of its continuous drilling program in the Cheleken block offshore Turkmenistan. The well is currently drilling at a depth of 100 meters measured depth.

It is anticipated that well 107 will be drilled to a depth of 3,545 meters MD, and may be further deepened to 4,245 meters MD contingent on the hydrocarbons encountered. The well is being drilled by Lukoil's jackup, Astra.