Yemen Blocks
(Thomson Reuters ONE) -
Reference is made to the information reported in the media today regarding the
award of Block 48 in Yemen to DNO International ASA. The Company can report
that DNO has signed a Memorandum of Understanding (MoU) which gives the Company
exclusive rights to negotiate a Production Sharing Agreement (PSA) for Block
48. Negotiations aimed at finalizing a PSA for Block 48 between the Company and
Yemen authorities will be initiated.
Furthermore, and with reference the previous reports of the entry of Total
Exploration E&P Yemen into Block 72, this has now been approved by the Yemen
authorities.
Oslo, 4 October 2010
DNO International ASA
Corporate Communications
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1448695]
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
Unternehmensinformation / Kurzprofil:
Datum: 04.10.2010 - 08:47 Uhr
Sprache: Deutsch
News-ID 43861
Anzahl Zeichen: 0
contact information:
Town:
Oslo
Kategorie:
Business News
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"Yemen Blocks"
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