Press

DNO Reports Payment for Tawke Deliveries

Posted by Katie Woodward - OilVoice

05-Dec-2016


Oslo, 5 December 2016 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 36.20 million from the Kurdistan Regional Government as payment towards September crude oil deliveries to the export market from the Tawke field.

The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 30.36 million toward the monthly entitlement for September deliveries and USD 5.84 million toward the recovery of outstanding receivables for past deliveries.

Tawke production in September averaged 112,897 barrels of oil per day (bopd), of which 112,282 bopd was delivered for export through Turkey.

DNO InternationalFinanceTawkeKurdistan Regional GovernmentIraq

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