Company Profile For DNO International ASA

DNO International ASA, formerly DNO ASA, is a Norway-based company active within the oil and gas industry. The Company is primarily engaged in the acquisition, exploration, development and operation of oil and natural gas properties. Its license portfolio is principally located in three regions, including Middle East, Africa and Northern Europe. DNO International ASA operates exploration licenses and producing assets in Yemen, the Kurdistan region of Iraq, Mozambique, Equatorial Guinea and the United Kingdom. The Company’s interest on the Norwegian Continental Shelf (NCS) is operated through the investment in the associated exploration and production company, Det norske oljeselskap ASA, in which it holds a 25% stake. DNO International ASA operates through its wholly owned subsidiaries, including DNO Yemen AS, DNO UK Ltd, DNO Iraq AS and DNO Invest AS, as well as through a number of associated companies.

BRIEF: For the nine months ended 30 September 2009, DNO International ASA's total revenue increased 29% to NOK1.49B. Net profit for the period increased from NOK73.3M to NOK413.9M. Total revenue reflects increased sales in Kurdistan. Net profit for the period benefited from significantly decreased exploration expenses and higher financial income as well as the presence of other operating income.

DNO International ASA
Stranden 1
Aker Brygge
Oslo     0250
P: +4723.238480
F: +4723.238481

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