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Dragon Oil makes its first oil discovery at 'Block 9', Iraq


Published Sep 11, 2014
Dragon Oil in Iraq

Dragon Oil plc advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest), issued the following update on the exploration well, Faihaa-1, being drilled in the block.

FAIHAA-1 WELL UPDATE

"Kuwait, September 10, 2014: Kuwait Energy says that the consortium comprised of Kuwait Energy (70% and operator) and Dragon Oil (30%) has made its first oil discovery at 'Block 9', Iraq.

The successful discovery was at the consortium's first target, the Mishrif formation at 2,700 meters, in its Block 9 exploration well, 'Faihaa-1', located in Northern Basra, Iraq.

Tags: Dragon Oil Plc




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