Oslo, 11 June 2012 -- DNO International ASA, the Norwegian oil and gas company, holds its Annual General Meeting in Oslo at 10:00 CET today. A presentation updating operations will be made by Managing Director Helge Eide and is attached to this announcement.
The latest results from testing of the Peshkabir-1 well in the Kurdistan region of Iraq confirms the presence of movable oil in the Jurassic interval. Testing is ongoing to acquire additional data.
Previous tests in the Peshkabir-1 well produced water at two Triassic intervals and one of three Cretaceous intervals. Following the Jurassic test the Company is considering two additional tests in the Cretaceous.
Oslo, 11 June 2012
DNO International ASA