DNO ASA: Q2 2006 Production Update

DNO ASA (DNO.NO) achieved an oil production (WI) of 14.780 BOPD in Q2 2006. This is up 11 % compared to Q2 2005.

For the first six months of 2006, the Company's oil production was 15.830 BOPD which is up 15 % compared to 2005.
DNO's oil production for June, Q2 and first six months of 2006 were as follows (BOPD):
The June 2006 production was down by 799 BOPD compared to May. This is primarily due to lower production from Yemen as there are still well work undertaken at the Nabrajah Field.
As reported in the May production update the lower production from Nabrajah Field YTD will reduce the 2006 full year production. An update on the revised 2006 production forecast is planned to be released at the presentation of the Q2 interim financials on 23rd August.
20th July 2006

Helge Eide
Managing Director.
Telephone: (+47) 23 23 84 80