The Dzheitune (Lam) B/148, the third well in a series of wells to be drilled from the Dzheitune (Lam) B platform, was drilled to a depth of 3,858m by the Iran Khazar rig and completed with dual strings.

Testing of the short and long strings resulted in production rates of 1,556 barrels of oil per day (bopd) and 1,083bopd, respectively.

The Iran Khazar rig is now drilling the Dzheitune (Lam) B/150 well.

The Dzheitune (Lam) 28/149 well, which was drilled to a depth of 3,295m by the NIS rig, was also completed with dual strings.

The short string tested at 1,866bopd with the long string testing at 2,513bopd.

The NIS rig has skidded to the next slot on the Dzheitune (Lam) 28 platform and spudded the 28/151 well.

The company expects to put the last two wells into production before the end of the year and as such these wells will contribute to production growth in 2011.