Due to expected seasonal effects, the working interest production for DNO decreased by 4.9 per cent from July to August. Working interest (WI) production in The Kurdistan Region of Iraq was 19,350 bopd in August, down from 20,790 bopd in July, whilst the WI production in Yemen was 6,595 bopd in August, up from 6,489 in the previous month.
As a result of the Eid celebration in the first half of this month, further decrease is expected in September. However, DNO expects working interest production above 20,000 bopd in the third quarter of 2010.
For more information, see the attached production report for August 2010.
Oslo, 27 September 2010
DNO International ASA