DNO reports a working interest production of 17,782 bopd and a net entitlement production of 11,640 bopd in October
The average realized oil price on the net entitlement (NE) production in October
was USD 50.5 per barrel.
DNO's November production will be significantly lower than October as the
deliveries from Tawke have been restricted to the Tawke refinery at a gross rate
of 4,000 bopd. However, DNO has now been advised by the KRG that local sales
will recommence shortly.
DNO's working interest (WI) production in Yemen in October was 5,935 bopd and
the NE production was 3,742 bopd. The WI production from the Tawke field in the
Kurdistan Region of Iraq was 11,847 bopd and the NE production was 7,898 bopd.
See attached production report for full information.
Oslo, 26 November 2010
DNO International ASA
Corporate Communications
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1465879]