DNO ASA - (DNO.NO) NABRAJAH # 9 SIDETRACK

During last week the Nabrajah # 9 sidetrack was drilled to a depth of 2227 meters. The sidetrack penetrated top of Basement ca. 70 meter vertically deeper than the original well path. High gas readings were recorded in a carbonate section just above Basement and the logs confirmed possible presence of hydrocarbons. The forward plan is to set 7" liner and then continue drilling ca 200m into Basement.
 
Nabrajah # 9 is located ca 2.7 km north west of Nabrajah # 5. After drilling Nabrajah # 9 the rig will be moved to a location ca. 1 km northeast of Nabrajah # 5 for drilling the well Nabrajah # 10. The objective of the Nebrajah # 10 well is to further appraise the Kohlan carbonate and Basement probably at the same terrace as Nabrajah # 5. Nabrajah # 5 was put on production on November 26th and is currently producing on natural flow at a constant rate of ca 5200bopd from Basement.
 
 
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 Notes to the Editors:
 
DNO ASA is an international E & P company based in Oslo, Norway.
 
The company has a diversified, risk balanced portfolio with interests in Norway, UK, Yemen and Northern Iraq.
 
Hydrocarbon production is focused on its operations in Yemen and Norway, with current daily production of approximately 18,000 bopd.
 
During 2005, the Company increased its reserve base by more than 150 % primarily through exploration and acquisitions. Following an additional oil discovery early in 2006, DNO currently holds proven and probable reserves of more than 100 million boe.
 
 In 2006 the Company will increase its exploration activities across all of its core areas of interests, and DNO plans to participate in 22 exploration wells throughout the year, of which 15 as Operator.