DNO ASA - Preliminary Results of well 7122/7-3 (Goliat)

Based on these estimates, this implies a reserves increase net to DNO of 30 mill. bbls.
 
The Goliat oil discovery is located 85 km north-west of Hammerfest and 50 km southeast of the Snøhvit field and the drilling was undertaken by the semi-submersible drilling rig "Erik Raude". The water depth is 341 meters.
 
The participants in Goliat are:
 
Eni Norge AS (Operator), 65 %
Statoil, 20 %
DNO, 15 %
 
 
DNO ASA

13 January 2006

Contact:

Helge Eide
Managing Director.

Telephone: (+47) 55 22 47 00 / (+47) 23 23 84 80