Dragon’s Caspian Well Flows at 1,462 BOPD (Turkmenistan)

Dragon Oil plc, an international oil and gas exploration, development and production company, today publishes the results of successful completion and initial testing for the Dzheitune (Lam) A/176 development well.

The Dzheitune (Lam) A/176 well was completed as a single producer to a depth of 1,786 metres. The well tested at an initial production rate of 1,462 barrels of oil per day; deeper sections will be targeted when this well is deepened in the future. The jack-up rig has moved to the next slot and is currently drilling the Dzheitune (Lam) A/177 development well.

[mappress]

November 9, 2012