Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/dragon-oil-completes-two-sidetracks-from-the-dzhei.shtmlDragon Oil completes two sidetracks from the Dzheitune (Lam) 4 platform
In the second quarter of 2014, Dragon Oil completed two sidetracks and is currently completing two development wells, the results of
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In the second quarter of 2014, Dragon Oil completed two sidetracks and is currently completing two development wells, the results of which will be reported in the quarterly drilling update at the beginning of July.
The sidetrack drilled from the Dzheitune (Lam) 4 platform to appraise the location for the Dzheitune (Lam) H platform encountered water and will be side-tracked in the future.
The Company anticipate that recoverable reserves attributed to this area to be downgraded; however, we expect that this will be balanced by addition of reserves from drilling results we are seeing in the A-sands, jet pump application and water injection pilot project.
