DNO International ASA - January and February Pr...

DNO is today reporting January and February 2009 production.

DNO's working interest (WI) production in January was 12,304 bopd and
in February 10,298 bopd. The average realized oil price for January
and February was USD 38/bbl and USD 39/bbl respectively (net
entitlement revenue).


Following completion of wells Tasour #25 and Raoq #1 in January, rig
operations have been temporarily suspended in Yemen. Drilling plans
going forward are being assessed by DNO and the license partners.

PRODUCTION REPORT
Yemen production

DNO's WI production from Yemen in January was 8,140 bopd, up 5 %
compared to the December 2008. The lower WI production in February
was due to maintenance work and work-over of wells. The YTD
production to DNO from Yemen is in line with management expectations.

DNO's oil production from Yemen is reported as follows:


     (Bopd)                       Dec-08 Jan-09 Feb-09 YTD 2009
     Working interest (WI)        7,778  8,140  7,760   7,960
     Net entitlement (NE)         5,346  6,033  5,706   5,878
     Achieved oil price (USD/bbl)   36     42     42      42


The production figures (WI and NE) include crude oil consumed in the
operation of the Company's production s facilities, at an accumulated
volume of 273 bopd during January 2008 and 303 bopd during February.

DNO's revenue entitlement from the Tawke test production

The revenue entitlement from Tawke test production is reported as
follows:

            (MNOK)         Dec-08 Jan-09 Feb-09 YTD 2009

            Kurdistan/Iraq  15.9   17,7   9,4     27,1


The 2009 YTD test production from Tawke has been lower than the
previous months. As have been seen from the past experience, the
Tawke test production volumes show significant variations, which is
also expected going forward.

During the fourth quarter presentation DNO reported that the work
to connect the Tawke production to the northern pipeline system in
Iraq was nearing completion.  This work has now been completed, but
the Company has currently no new information with respect to
commencement of delivery of Tawke oil into the northern pipeline
system. However with reference to recent statements from KRG quoted
in the media, this could happen during the coming months.

DNO International ASA
24 March, 2009


Contact:

Media:
Helge Eide, MD DNO ASA                 Telephone:    [phone]
Ketil Jørgensen, Crux Communication    Telephone     [phone]
(Norway)
Ben Willey, Buchanan Communications    Telephone:    [phone]
(UK)

Investor Relations:
Haakon Sandborg, CFO DNO ASA           Telephone:    [phone]


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.