DNO Reports Results of Tasour #17 Well in Yemen

Tasour # 17 was drilled on a separate structure east of the main Tasour Field. The well was drilled to a total depth of 1,904 meters. Hydrocarbon shows were observed during drilling the Qishn S1A level, however preliminary evaluation of electrical logs indicate that the hydrocarbons are non-movable.

The forward plan is to further investigate the preliminary evaluation results with respect to the prospectivety of the eastern area of the Tasour Field. DNO is also currently undertaking a regional study on deeper targets, including basement potential, and subsequent to this Tasour # 17 may be re-entered. The well will therefore be suspended and preserved as a possible future drilling location.

The rig will now be moved to Block 53 to drill two infill / development wells on the Sharyoof Field. Thereafter the rig will return to Block 32 to drill one Tasour development well and one exploration well within Block 32.