6th Sep 2006 11:55
Dragon Oil PLC06 September 2006 PRESS RELEASE DRAGON OIL plc Dragon Oil Plc ("Dragon") 2006 WELL WORKOVER PROGRAMME: UPDATE Dragon is pleased to announce the successful workover of Well L86/86 on the LAMField, in the Cheleken Contract Area, offshore Turkmenistan. Well L86/86, located on the LAM 86 platform, was completed in Zones 4, 5 and 6,and was tested at an initial rate of 1,287 barrels of oil per day ("bopd").Prior to the workover, the well was not on production. A hydraulic workover unit ("HWU") was used to conduct the job, and the HWU willnow be mobilised to conduct the next workover in the programme. It is plannedto continue the workover programme using a combination of rigless methods andthe HWU. Hussain M. Sultan, Chairman and CEO of Dragon commented: "I am pleased with the result of the LAM 86/86 workover, and we will continuewith the workover programme as planned." Ends Citigate Dewe Rogerson (+44 20 7638 9571) Media enquiries: Martin Jackson / George Cazenove Analyst enquiries: Nina Soon Date: 6 September 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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