Almotamar.net - The Godah 7 development well was drilled to a total measured depth of 2,386 meters (approximately 200 meters into Basement) and subsequently plugged back and completed as a producing Qishn S1A oil well. Godah 7 was drilled at a location approximately 770 meters east of the Godah 6. Godah 7 is currently producing 438 barrels of oil per day and 7 barrels per day of water from a 4 meter interval in the Qishn S1A sand. The production rate is pump constrained. Installation of a higher capacity down-hole electrical submersible pump (ESP), which could double the production, will be considered once the production has stabilized.

The drilling rig has moved to Nuzooh 1 (formerly Tasour SW 1) to drill an exploration well targeting Qishn and Madbi/Naifa prospects south and west of the main Tasour field. Nuzooh 1 is located approximately 2.3 kilometres west of Tasour 23ST which recovered 200 barrels of light oil from the Naifa. Planned testing of the Tasour 23ST Naifa discovery has been deferred pending the results of Nuzooh 1. The Nuzooh well is expected to take 40 days to drill.

DNO Acquires Operatorship and a High Participating Interest in Block 52

Through a farm-in, DNO has acquired a 57,78% participating interest as operator in Block 52 in Yemen. Block 52 is located in the Sayun-Masila Basin, close to DNO's existing license interests in Yemen. The farm-in is based on a work program commitment consisting of seismic data acquisition and the drilling of exploration wells.

Following the farm-in, the license partners in Block 52 consists of DNO (57,78%), Ansan Wifks (22,22%) and The Yemen Company (20% carried).

Commenting on the Block 52 farm-in, Helge Eide, Managing Director of DNO ASA said that "We are very pleased with this latest addition to our extensive license portfolio in Yemen. Based on our long-term strategy of creating value through low cost exploration and development, we now look forward to focusing on the resource opportunities in Block 52."

DNO ASA 9 July 2007