DNO International ASA - Forth quarter 2009 Production Report
(Thomson Reuters ONE) - ("DNO" or "the Company")DNO istoday reporting working interest production for the month of December andthe fourth quarter 2009.DNO's working interest production in December 2009 was 14,744 bopd, In thefourth quarter 2009 the working interest production was 13,581 bopd.PRODUCTION REPORTYemen productionDNO's working interest (WI) production from Yemen in fourth quarter 2009 was7,655 bopd and DNO's net entitlement production was 4,738 bopd. Average realizedoil price in the quarter was 76 USD/bbl.Production from Yemen is reported as follows: (Bopd) Q3 2009 Q4 2009 Dec 2009 YTD-09------------------------------------------------------------------------ Gross production 18,535 19,237 18,962 18,836 DNO's working interest (WI) 7,542 7,655 7,543 7,749 DNO's net entitlement (NE) 4,987 4,738 4,913 5,358 Achieved oil price (USD/bbl) 69 76 75 61The production figures include crude oil consumed in the operation of theCompany's production facilities, at an accumulated volume of 270 bopd in fourthquarter 2009 and 277 bopd in December 2009.IraqproductionDNO's working interest (WI) production from Kurdistan infourth quarter 2009 was5,926 bopd and DNO's net entitlement production was 3,959 bopd.Production from Tawke is reported as follows: (Bopd) Q3 2009 Q4 2009 Dec 2009 YTD-09----------------------------------------------------------------------- Total gross production 41,157 6,584 8,002 15,291 DNO's working interest (WI) 37,036 5,926 7,201 13,762 DNO's net entitlement (NE) 24,796 3,959 4,821 9,186The production figures include crude oil consumed in the operation of theCompany's production facilities, at an accumulated volume of 30 bopd in fourthquarter 2009 and 66 bopd in December 2009.SUMMARY OFDRILLING AND TESTING ACTIVITIESThe drilling operation of the Block43 Nabrajah-10s/S2 well is in progress.Following drilling of a pilot hole into Shuqra formation dolomite andBasement, the drilling of a 800 meter horizontal section has now commenced. Thewell is planned to be completed as a Nabrajah producer.The drilling operation of the Block 53 Bayoot-7 Basement development well is nowcompleted. A 650 meter section has been drilled in the fracturedbasement reservoir and the forward plan is to complete the well as a Bayootbasement producer.The Sindy-1 rig was mobilized and moved to Erbil PSC during January.Testing ofErbil-2 well is expected to commence in ultimo January 2010.DNO International ASA21 January, 2010This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1375523]
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Datum: 21.01.2010 - 02:33 Uhr
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