Update on operations in Kurdistan

Update on operations in Kurdistan

ID: 130681

(Thomson Reuters ONE) -


As of 1 April 2012, the Ministry of Natural Resources of the Kurdistan Regional
Government (KRG) has instructed DNO International ASA to halt delivery of that
portion of crude oil produced from the Tawke oil field that was destined for the
Iraqi national pipeline system for eventual export through Turkey.

All other Tawke crude oil and refined product deliveries and field operations
remains unaffected. All exploration and development operations on wells
Peshkabir-1, Tawke-14, Tawke-15 and Tawke-1A, continue as before and as per
plan.

A press release has been issued by the KRG on the matter and is attached.

Oslo, 1 April 2012

DNO International ASA
Corporate Communications

For more information:

Media:
Communication Director Tom Bratlie
Phone: +47 905 21 904

Financial market:
CFO Haakon Sandborg
Phone: +47 23 23 84 80


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



KRG press release:
http://hugin.info/36/R/1599163/504474.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: DNO International ASA via Thomson Reuters ONE
[HUG#1599163]




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Bereitgestellt von Benutzer: hugin
Datum: 01.04.2012 - 17:30 Uhr
Sprache: Deutsch
News-ID 130681
Anzahl Zeichen: 1764

contact information:
Town:

Oslo



Kategorie:

Business News



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"Update on operations in Kurdistan"
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