Update on DNO in Kurdistan

According to a press release published by the Kurdistan Regional Government (KRG) on 22 January 2011, the central government in Baghdad and the KRG have agreed to resume exports of crude oil from the Kurdistan Region of Iraq. DNO International has the facilities and infrastructure to commence exports from the Tawke oil field in Kurdistan on short notice. As previously reported, the Tawke facilities currently have an export capacity of at least 50,000 bopd. DNO will update the market when new and material information is made available. To read the press release from the KRG, click here. Oslo, 24 January 2011 DNO International ASA Corporate Communications This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) 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 [HUG#1481662]
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