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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dragon Oil | LSE:DGO | London | Ordinary Share | IE0000590798 | ORD EUR0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 798.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2910S Dragon Oil PLC 20 November 2003 PRESS RELEASE DRAGON OIL PLC ("Dragon") SPUD OF WELL LAM21/106 Dragon announces the spud of well LAM21/106, the first of four development wells to be drilled from the LAM21 platform in its Cheleken Contract Area, offshore Turkmenistan. Having completed the last of five successful wells on LAM22 platform in January 2003, well LAM 21/106 continues the development of the LAM field. The well is being drilled by the jack-up rig ASTRA owned by LukOil Shelf. The well has a planned total depth of 5,200m. The LAM21 platform has been refurbished so that oil from the new wells can be transferred directly into the existing pipeline infrastructure. Dragon's Chairman and CEO, Hussain M Sultan said: "The spudding of well LAM21/106 marks another achievement in Dragon's development of the LAM field. We are looking at options to implement a continuous drilling programme." Enquiries: Citigate Dewe Rogerson (+44 207 638 9571) Martin Jackson Dated 20th November 2003 Ends This information is provided by RNS The company news service from the London Stock Exchange END DRLBGBDBIGDGGXG
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