DNO Confirms Kurdistan Payment

DNO Confirms Kurdistan Payment

ID: 442598

(Thomson Reuters ONE) -


Oslo, 6 January 2016 - DNO ASA, the Norwegian oil and gas operator, today
confirmed receipt of USD 30 million as partial payment towards oil exported from
the Tawke field by the Kurdistan Regional Government. The payment, to be shared
pro-rata with Tawke license partner Genel Energy plc, is the fourth such monthly
payment since September 2015.

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For further information, please contact:
Media: media(at)dno.no
Investors: investor.relations(at)dno.no
Tel: +47 911 57 197

--

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and North
Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the company holds
stakes in onshore and offshore licenses at various stages of exploration,
development and production in the Kurdistan region of Iraq, Yemen, Oman, the
United Arab Emirates, Tunisia and Somaliland.

--

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 ASA via GlobeNewswire
[HUG#1976797]






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Bereitgestellt von Benutzer: hugin
Datum: 06.01.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 442598
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