DNO International ASA - October Production and ...

DNO is today reporting October 2008 production together with a
summary of ongoing drilling activities.


Yemen Production.

DNO's WI production  from Yemen in  October 2008 was  8,827 bopd,  up
from 8,775 bopd  in September 2008.  The YTD production  to DNO  from
Yemen is 9,617 bopd, which is in line with management's expectations.

DNO's oil production from Yemen is reported as follows:


Yemen production (Bopd)                 Q3 2008  Oct  YTD 2008
Working Interest (WI)                    8,836  8,827  9,617
Net Entitlement (NE)                     5,122  5,614  6,084
Realized Oil Price per barrels (NE) USD 115.09  78.57


The production figures  (WI and  net entitlement)  include crude  oil
consumed in the operation of  the Company's production s  facilities,
at an accumulated volume of 334 bopd during October 2008.

DNO's revenue entitlement from the Tawke test production

As previously reported  the test  production volumes  to the  Company
from Tawke will be based on revenue entitlements rather than volumes,
as  test  production   does  not  reflect   the  normal   operational
performance  or  production  capacity  of  the  fields.  The  revenue
entitlement from Tawke test production is reported as follows


NOK. MILL:                Q3 2008 Oct  YTD 2008
Tawke Revenue Entitlement  38,6   18,4  254,1


SUMMARY OF ONGOING DRILLING ACTIVITIES

YEMEN

Block 43

On 14 October 2008 the rig 908  completed the Nabrajah #19 well as  a
water injector on the south-east flank of the Nabrajah field. The rig
was then moved  to drill the  Wasaa #1 exploration  well on the  same
block. This well was spudded 23 October 2008.

Block 44

Rig 905 spudded the Ghatel #1 exploration well on 21 September  2008.
Two sidetracks  were drilled,  and indications  of hydrocarbons  were
encountered. The structural complex  will be further evaluated  prior
to deciding on  drilling additional wells.  The well was  permanently
abandoned 23 October  2008. The rig  was moved to  block 72 to  drill
exploration well Seer #1.

Block 53

Exploration well Raoq #1 was spudded 1 October 2008 with rig 919, and
will explore the resource potential on a separate Basement  structure
to the south of the Bayoot area.

KURDISTAN REGION OF IRAQ

Operations with the Sindy drilling  rig finished on 16 October  2008.
The rig was moved to the outside of the CPF area, and a minimum  crew
will remain  to maintain  the rig.  In the  longer term,  the rig  is
planned to  be  upgraded  to  enable  it  to  undertake  testing  and
completion operations of the Erbil #2  well and other deep wells,  in
addition to supporting onging Tawke well operations.

GWD #9  rig  was released  from  the  contract 16  October  2008.  In
addition, GWD #10 rig has been assigned to another operator.  Further
plans for GWD #10 going into 2009, are being reviewed by DNO.

OTHER AREAS

New Award on UKCS

DNO is  has  been  awarded  interest  in  Blocks  211/27d in  the  UK
Continental Shelf 25th Seaward Licensing Round ("the Round"), further
consolidating the Company's position in this area.

Block 211/27d  is  located  immediately  adjacent  to  Block  211/22b
containing the Mulle appraisal project. Block 211/27d hosts a  mapped
southern extension of the Mulle  accumulation and was applied for  by
the Mulle joint venture participants in proportion to their  existing
interests in the Mulle project.

The Mulle  accumulation was  discovered through  the drilling  of  an
exploration well in 1977 which encountered a 17m gross oil column  in
the middle Jurassic Brent sequences, but  was not flow tested at  the
time. In  May 2008, DNO  International  ASA published a  most  likely
in-place  resource   estimate  of   17   million  barrels   of   oil,
providing DNO with a net interest of 8.5 million barrels of oil. With
the award  of Block  211/27d,  this resource  estimate is  likely  to
increase.

DNO International ASA is the Operator and holds 50% working  interest
in Block 211/22b and the newly awarded Block 211/27d.


DNO International ASA
25 November, 2008


Contact:

Media:
Helge Eide, MD DNO International ASA   Telephone:    [phone]
Ketil Jørgensen, Crux Communication    Telephone     [phone]
(Norway)
Ben Willey, Buchanan Communications    Telephone:    [phone]
(UK)

Investor Relations:
Haakon Sandborg, CFO DNO International Telephone:    [phone]
ASA


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.