DNO Reveals Preliminary Results from Nabrajah # 2

Well Nabrajah # 2 in Block 43 in has now reached a depth of 2,375 m. Preliminary evaluations of well logs and pressure measurements confirm the presence of oil in two intervals in the Qishn sandstone between 1,890 meters and 1,940 meters.

Hydrocarbons have also been observed during drilling in the Basement interval from ca. 2.322 meters and downwards.

The current plan is to continue drilling to approximately. 2,400 meters in order further evaluate the hydrocarbons observed in the Basement interval.

Production testing is planned to be carried out in the oil bearing Qishn intervals. Based on the outcome of further evaluation of well logs and pressure measurements, production tests will be considered also in the Basement intervals.

Nabrajah # 2 is the first well in a two well back-to back appraisal drilling program to be undertaken in order to determine the size of the Nabrajah # 1 discovery.

DNO is the Operator of Block 43 holding a 56.67 % share in the license.