DNO Abandons Second Well in Mozambique

The second exploration well in Inhaminga Block, Mozambique is now completed, with only minor indications of hydrocarbons. Electrical logs indicates that the presence of hydrocarbons is insufficient to carry out any well tests, and the well has been be plugged and abandoned.

This is the second of a two well exploration program in the license. Further work in Inhaminga Block will be contingent on the further evaluation of the well results and it's implication on the hydrocarbon potential within the license.

DNO is Operator of Inhaminga Block holding a 80 % working interest.