DNO reports a working interest production of 24,956 bopd and a net entitlement production of 16,160 bopd in the third quarter of 2010.
(Thomson Reuters ONE) -
The average realized oil price on the net entitlement (NE) production in the
third quarter was USD 44.9 per barrel.
In September the working interest (WI) production was 21,534 bopd and the NE
production was 13,936 bopd. The September production was down from August,
primarily as a result of the Eid celebration during the first half of the month.
However, the Company´s production shows a significant increase from the second
to the third quarter due to higher local sales in the Kurdistan Region of Iraq.
As previously stated, significant fluctuations in deliveries from the Tawke
field are expected. Due to lower local sales in the Kurdistan Region of Iraq in
October, the WI production in October will be lower than September. Based on
current production information it is expected that the Company's WI production
in October will be 16-18,000 bopd.
For more information, see the attached full production report for September
2010.
Oslo, 27 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#1455648]
DNO Production Report for September 2010:
http://hugin.info/36/R/1455648/395513.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
Unternehmensinformation / Kurzprofil:
Datum: 27.10.2010 - 08:00 Uhr
Sprache: Deutsch
News-ID 46333
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contact information:
Town:
Oslo
Kategorie:
Business News
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