Oryx Petroleum Corporation Limited announces the test results for the Demir Dagh-3 well (DD-3) and Demir Dagh-5 well (DD-5) appraisal in the Hawler license area in the Kurdistan Region of Iraq. Oryx Petroleum is the operator and has a 65% participating and working interest in the Hawler license area.

Highlights:

DD-3

All four tests successfully flowed oil with the highest achieved sustained rate exceeding 4,000 bbl/d First successful test of Butmah formation in the Lower Jurassic at Demir Dagh Second successful test of the Adaiyah formation in the Lower Jurassic at Demir Dagh Third successful test of the Cretaceous reservoir at Demir Dagh Crude characteristics and porosities similar to other wells drilled at Demir Dagh

Tags: Oryx Petroleum Corporation Limited