DNO: Nabrajah #11 Reaches Total Depth

DNO ASA said that the Nabrajah-11 in Yemen has been drilled as an appraisal well on the southwestern corner of the Nabrajah structure. The well has been drilled to a total depth of 2,924 m and 480 m into the basement.

The company noted that good oil and gas shows were observed in the Naifa carbonates and basement. A conventional DST was run in the basement, yielding oil influx of 66bopd. DNO is evaluating methods for stimulating the basement.

Subsequently, the Naifa carbonates have been perforated. Oil and gas influx was observed while pulling out of the well with the perforating guns.

The Naifa carbonate is now being acid-stimulated. The plan is to perform a commingled test of the basement and Naifa, using a jet pump to lift the fluids until natural flow has been established.

DNO expects the tests results later this week.

DNO ASA is an independent oil and gas exploration and production company based in Oslo, Norway. The company has a diversified, risk-balanced portfolio with interests in Norway, UK, Yemen, Northern Iraq, and Africa. DNO's hydrocarbon production is currently focused on its operations in Yemen and Norway, with current daily production of approximately 17,000 BOPD. The company commenced production on its Nabrajah concession in Yemen in July 2005, which is expected to increase the daily output in 2006.