DNO ASA - Preliminary results from drilling in Block 43 - Yemen

Drilling of well Nabrajah-1 commenced on 9. February, and the well reached a total depth of ca. 2.200 meters on 5th March. Electrical logs have been run in the well and the results confirm movable hydrocarbons in the interval  1.770 - 1.790 meters. 
 
The reservoir consists of Qishn sandstone, which is of the same nature as the geological formation of the Tasour- and Sharyoof reservoirs in Block 32 and Block 53 respectively.
 
The well will now be tested, and in addition to the above mentioned hydrocarbon bearing interval, further testing are considered of zones where hydrocarbon shows have been encountered during drilling, but results from well logging are non-conclusive.
 
To conclude if this is a commercial discovery will depend on the production capacity of the reservoir as well as the size of the structure. Additional information will be released when results from testing are available.
 
DNO is the Operator of the license holding a 50 % share.
 
 
 
DNO ASA
8th March 2004
 
Contact:
 
Helge Eide
Managing Director
 
Telephone:            (+47) 55 22 47 00 / (+47) 23 23 84 80