DNO Hits 100,000 bpd Milestone at Tawke

DNO International ASA, the Norwegian oil and gas company, announced today that oil production from the Tawke field in the Kurdistan Region of Iraq has averaged over 100,000 barrels a day during the previous 72 hours as the Company conducts well and pipeline deliverability tests following its 2012 drilling program and facilities upgrades.

"We are very pleased with the performance of the field," said Bijan Mossavar-Rahmani (pictured), DNO International's Executive Chairman. "Having met this first deliverability milestone, we continue to reinvest to double Tawke production capacity."

DNO International holds a 55 percent interest in and operates the Tawke license. Genel Energy plc holds 25 percent and the Kurdistan Regional Government the remaining 20 percent interest.

(Source: DNO)

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