Dragon Oil reports Dzheitune well test results

Following initial testing from the short and long strings, development wells Dzheitune (Lam) 22/130 and A/131 have yielded rates of 2,057 and 4,621 b/d of oil respectively, according to Dragon Oil.

Offshore staff

LONDON -- Following initial testing from the short and long strings, development wells Dzheitune (Lam) 22/130 and A/131 have yielded rates of 2,057 and 4,621 b/d of oil respectively, according to Dragon Oil.

Preparations are currently being made to move the rigCIS 1 to the recently refurbished Dzheitune (Lam) 28 platform where it is expected to begin drilling development well Dzheitune (Lam) 28/B by the end of the year. This is the first of seven additional development wells to be drilled from the Dzheitune (Lam) 28 platform, the company says.

"I am pleased to announce the successful completion and initial testing of the Dzheitune (Lam) 22/130 and A/131 development wells," says Abdul Jaleel Al Khalifa, CEO of Dragon Oil. "Dragon Oil has now achieved its 2008 target to drill and complete eight wells and we are currently in line to reach our goal of an average daily production rate of 40,000 b/d of oil for the year."

11/12/2008

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