"This 12,000 square kilometer block adds substantial exploration acreage to DNO International's portfolio and in an area that is both prospective and undrilled," said Mossavar-Rahmani. He added that Somaliland falls within the Company's geographic and geological comfort zones. "We have been active across the Gulf of Aden in Yemen since the late 1990s."
The Company has initiated studies on Block SL18 ahead of an extensive seismic program planned for 2014.
--- DNO International ASA is an Oslo-listed, Middle East and North Africa focused, oil and gas company holding stakes in 18 licenses in various stages of exploration, development and production both onshore and offshore in the Kurdistan Region of Iraq, the Republic of Yemen, the Sultanate of Oman, the United Arab Emirates, the Tunisian Republic and Somaliland. http://www.dno.no ---
Oslo, 23 April 2013
DNO International ASA
Queries: Tom Bratlie (email@example.com or tel: +47 905 21 904)