Oryx Petroleum Corporation Limited announces a production and drilling update for the Demir Dagh field in the Hawler license area in the Kurdistan Region of Iraq, including test results for the Demir Dagh-6 appraisal well ("DD-6"). Oryx Petroleum is the operator and has a 65% participating and working interest in the Hawler license area.

Highlights:

Gross (100%) production at the Demir Dagh field is currently approximately 4,000 bbl/d

Liftings/sales and payments are proceeding in accordance with the agreement with a third party marketer

Two cased-hole drill stem tests ("DSTs") were successfully conducted at DD-6 in the Cretaceous reservoirs

Tags: Oryx Petroleum Corporation Limited