DNO ASA remains committed to its operations in Iraq’s Kurdistan region despite the area’s recent crises, noted Bijan Mossavar-Rahmani, the company’s executive chairman, in the company’s quarterly report. The second quarter marked DNO’s 10th anniversary as the first Western oil company to explore in Kurdistan.
“We’ve had feet on the ground in Kurdistan for 10 years, including during the recent crisis as well as in past ones, and remain fully and firmly committed to our operations," he stated.
During the quarter, the company produced 133,192 b/d from Tawke field—a single day production record. DNO previously reported plans to expand production at Tawke as well as Benenan field in Kurdistan.
“Our next challenge is to properly monetize all oil produced at Tawke by tapping international markets,” Mossavar-Rahmani said.
DNO also says it will later this year launch an active exploration campaign in a new onshore block in Oman and commence exploration and appraisal drilling offshore Tunisia.