Dragon's Turkmenistan well starts production

Oil exploration group Dragon Oil said today it has started production at an oil well in the Cheleken area off the coast of Turkmenistan…

Oil exploration group Dragon Oil said today it has started production at an oil well in the Cheleken area off the coast of Turkmenistan.

The hole, known as LAM 10/110, flowed at a rate of 1,603 barrels per day.

"The previously reported technical difficulties were successfully resolved and the well is now on production," the group said in a drilling update.

Dragon Oil said it will shortly begin drilling the next well, LAM 10-111.

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