Petrolia Noco announce that drilling has commenced on the Dugong Tail exploration well. Dugong Tail is an additional prospect in the PL 882 license located approximately 4 to 5 kilometres south-west to the Dugong discovery made in 2020. If successful, the exploration well could contribute to the further development of the Greater Dugong Area. Petrolia Noco has 20% ownership in the license. Dugong Tail is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling. The well is located 120 kilometres west of Florø, Norway, at a water depth of 320 metres, close to existing production facilities at the Snorre field. The reservoir lies at a depth of 3,200 to 3,500 metres. The drilling program comprises a main bore with the potential for sidetracks, should hydrocarbons be encountered. Data from the Dugong Tail well will help to de-risk additional exploration and development opportunities in the license and in the surrounding area, where Petrolia Noco holds a material 30% share in two licenses (PL992 and PL994) adjacent to PL882. The Dugong partners aim to submit a Plan for Development and Operation by the end of 2022.