Dragon Oil Tests 1,584 boepd at Lam Well

Dragon Oil plc announced the successful testing of the Dzheitune (Lam) 13/163 development well. The Dzheitune (Lam) 13/163 well was completed with a single string to a depth of 2,703 meters by Rig 40 in December 2011 and tested at 296 barrels of oil per day. Additional data and analysis led to re-completing the well in different reservoir intervals; this resulted in an improved production rate of 1,584 barrels of oil per day. Rig 40 has skidded to the Dzheitune (Lam) 13/144B well to work it over.

Dr Abdul Jaleel Al Khalifa, Chief Executive Officer, commented, "I am pleased to report that the flow rate from the Dzheitune (Lam) 13/163 development well has improved significantly after we added perforations at different reservoir intervals. We constantly seek to optimize production from existing as well as new wells using a range of techniques and it is satisfying to see an immediate positive impact on our production."