According to a press release published by the Kurdistan Regional Government (KRG) on 22 January 2011, the central government in Baghdad and the KRG have agreed to resume exports of crude oil from the Kurdistan Region of Iraq.
DNO International has the facilities and infrastructure to commence exports from the Tawke oil field in Kurdistan on short notice. As previously reported, the Tawke facilities currently have an export capacity of at least 50,000 bopd.
DNO will update the market when new and material information is made available.
Oslo, 24 January 2011
DNO International ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)