Dragon Oil plc Drilling Update: Dzheitune (Lam) B/150 well tested at initial combined rate of 1,622 bopd

Dragon Oil plc, an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) B/150 development well. The Dzheitune (Lam) B/150 was drilled to a depth of 3,980 metres and completed as a dual producer by the Iran Khazar rig. The combined initial test rate was 1,622 barrels of oil per day ("bopd") with the short and long strings testing at 632 and 990 bopd,respectively. The Iran Khazar rig has skidded to the next slot and spudded the Dzheitune (Lam) B/153 well.
Dr Abdul Jaleel Al Khalifa, Chief Executive Officer, commented:
"I am pleased to report that we have now fulfilled the 2010 drilling programme with the last of the 11 planned wells put into production in the first week of January this year. 
 "We have also met another significant objective for 2010 having completed and commissioned important new pipeline and processing infrastructure.  As we gradually switch over to using the new 30-inch trunkline and associated in-field pipelines, we are already seeing improved average daily flow rates. With the integrated network of 30-inch trunkline, 14-, 18- and 20-inch in-field pipelines and the expanded Central Processing Facility, the infrastructure bottlenecks that constrained production growth have been completely removed."
Source: Press release