Dragon Oil Begins Drilling Next Well on LAM Field

Dragon Oil has commenced drilling of well 21/108 on the LAM 21 platform as part of its continuous drilling program in the Cheleken Block offshore Turkmenistan. Well 21/108 is the third well to be drilled from the LAM 21 platform.

The well is currently drilling at a depth of 543 meters MD (measured depth).

It is anticipated that well 21/108 will be drilled to a depth of 3211 meters MD, and may be further deepened to 4159m MD contingent on the hydrocarbons encountered.