AndhraNews.net
Home » Business News » 2012 » April » April 1, 2012

Update on operations in Kurdistan


April 1, 2012 - London

As of 1 April 2012, the Ministry of Natural Resources of the Kurdistan Regional Government (KRG) has instructed DNO International ASA to halt delivery of that portion of crude oil produced from the Tawke oil field that was destined for the Iraqi national pipeline system for eventual export through Turkey.

All other Tawke crude oil and refined product deliveries and field operations remains unaffected. All exploration and development operations on wells Peshkabir-1, Tawke-14, Tawke-15 and Tawke-1A, continue as before and as per plan.

A press release has been issued by the KRG on the matter and is attached.

Oslo, 1 April 2012

DNO International ASA
Corporate Communications

For more information:

Media:
Communication Director Tom Bratlie
Phone: +47 905 21 904

Financial market:
CFO Haakon Sandborg
Phone: +47 23 23 84 80

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
KRG press release



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#1599163

GlobeNewswire

Comment on this story

Share