DNO International Hits 100,000 Barrels a Day Milestone at Tawke Field
(Thomson Reuters ONE) -
DNO International Hits 100,000 Barrels a Day Milestone at Tawke Field
Oslo, 23 May 2013 -- DNO International ASA ("DNO International"), the Norwegian
oil and gas company, announced today that oil production from the Tawke field in
the Kurdistan Region of Iraq has averaged over 100,000 barrels a day during the
previous 72 hours as the Company conducts well and pipeline deliverability tests
following its 2012 drilling program and facilities upgrades.
"We are very pleased with the performance of the field," said Bijan Mossavar-
Rahmani, DNO International's Executive Chairman. "Having met this first
deliverability milestone, we continue to reinvest to double Tawke production
capacity."
DNO International holds a 55 percent interest in and operates the Tawke license.
Genel Energy plc holds 25 percent and the Kurdistan Regional Government the
remaining 20 percent interest.
--- DNO International ASA is an Oslo-listed, Middle East and North Africa
focused, oil and gas company holding stakes in 18 licenses in various stages of
exploration, development and production both onshore and offshore in the
Kurdistan Region of Iraq, the Republic of Yemen, the Sultanate of Oman, the
United Arab Emirates, the Tunisian Republic and Somaliland. http://www.dno.no
---
Oslo, 23 May 2013
DNO International ASA
Corporate Communications
Queries: Bjørn Dale (bjorn.dale(at)dno.no or tel: +47 909 79 889)
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
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#1704043]
Unternehmensinformation / Kurzprofil:
Datum: 23.05.2013 - 09:30 Uhr
Sprache: Deutsch
News-ID 262822
Anzahl Zeichen: 2266
contact information:
Town:
Oslo
Kategorie:
Business News
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