Dragon Oil Spuds Iraqi Well

By John Lee.

Dubai’s Dragon Oil reports that it has spudded an exploration well using a drilling rig from the Iraqi Drilling Company.

The well is targeting two prospective reservoirs, and testing is expected to take place in 2H 2014.

The consortium consists of Dragon Oil (30 percent) and Kuwait Energy Corporation (70 percent and operator).

(Source: Dragon Oil)

 

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