DNO updates Kurdistan projects

DNO provides an update on the projects in Kurdistan - Northern Iraq.

DNO has signed revised agreements with the Kurdistan Regional Government (KRG) amending the production sharing contract it holds for the Dohok and Erbil license areas. The Dohok area has been divided into two license areas, one for the Tawke oil field and one for the remaining Dohok area.

The Hawler # 1 exploration well, being the first exploration well within the Erbil PSC license area, has been testing approximately 9 000 barrels of oil per day and 11 million standard cubic feet per day from an open hole test in the Jurassic interval.