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Reserves and resources

Reserves and resources

DNO's estimated proven and probable reserves and resources are normally updated annually or when there are significant changes in the volume estimates.

Reserves and resources

Million boe

Northern Europe

Yemen

Kurdistan

Africa

DNO Group
31.12.2011 - 10.4 381.6 1.5 393.5
31.12.2010 3.3 12.9 193.5 1.5 211.2
31.12.2009 10.0 16.0 145.2 1.5 172.8
31.12.2008 10.0 12.6 154.2 1.5 178.3
31.12.2007 - 13.0 142.2 1.5 156.8
31.12.2006 63.2 28.1 58.6 1.3 151.2
31.12.2005

35.9

53.5

-

-

89.4

The reserves and resources (on a working interest basis) correspond to class 1-7 in the definitions from NPD. DNO applies proved and probable reserves to calculate depreciation and abandonment provisions according to the unit-of-production method. Because of the uncertainty and limitations associated with reserve data, the estimates will change as new information becomes available.

Updated reserves after merger of assets with RAK petroleum as of 30 June 2011*

Million boe
Yemen 13.0
Kurdistan 341.5
Oman 29.2
Ras Al Khaimah 22.8
Total DNO post merger with RAK Petroleum 406.5

* The remaining reserves (class 1-3) confirmed by third party in connection with the merger with RAK Petroleum as of 30 June 2011.

Please refer to our Annual Statement of Reserves (ASR) for further details

Annual Statement of Reserves 2011 (pdf)

Annual Statement of Reserves 2010 (pdf)
Distribution of Reserves and Resources 31 December 2010 (pdf)

Annual Statement of Reserves 2009 (pdf)
Distribution of Reserves and Resources 31 December 2009 (pdf)