Mission and values

Our mission is to deliver attractive returns to shareholders by finding and producing oil and gas at low cost
and at an acceptable level of risk in a socially responsible and environmentally sensitive manner.

DNO's DNA is to be first, fair and firm. We are driven to stay ahead of our competition – and ahead of the opportunities. We treat stakeholders fairly by adhering to high standards of governance, business conduct and corporate social responsibility. We meet our commitments efficiently and transparently and expect the same of our suppliers, contractors, partners and host governments.

Wherever we operate, we look to minimize risk and maximize success through smart exploration, and, when a discovery is made, fast-track production. We have developed a best-in-class core competency in the fractured carbonate plays that are characteristic of the MENA region.

Read article: Subsurface detectives

At our flagship Tawke oil field in Kurdistan, we began production in 2007 – just two years after the start of exploration activities. The neighboring Peshkabir field was brought on production in 2017. We are now the leading international operator in production and reserves in Kurdistan, one of the world’s remaining largely untapped onshore hydrocarbons frontiers.

In Kurdistan, DNO has among the lowest finding and development costs of any oil company anywhere in the world. Combined with low lifting costs, this gives us a significant competitive advantage when oil prices are weak and strong cash flow when oil prices are robust.

We are agile.  We are flexible.  We are resilient. We are DNO.