Updated Estimates of Reserves and Resources wit...

DNO International ASA reports a more than doubling of reserves for the Tawke oil
field in the Kurdistan region of Iraq following a review and assessment by a
firm of independent reservoir engineers. The just completed audit of reserves by
France's Beicip Franlab places Tawke's ultimate P50 recoverable reserves at 636
million barrels versus a yearend 2010 audited figure of 306 million barrels.

"After this third party review by our external auditors, the Tawke oil field is
confirmed to be a world class, giant oil field. The new reserves numbers far
exceed our expectations of even a few months ago and certainly were not
envisaged when we made the discovery in 2006. But the field's recent performance
has proven its exceptional reservoir quality," said Managing Director Helge
Eide.

See full press release attached.

Oslo, 12 July 2011

DNO International ASA
Corporate Communications

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)




Updated Estimates of Reserves and Resources - Press release: 


http://hugin.info/36/R/1530223/465499.pdf




This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: DNO International ASA via Thomson Reuters ONE

[HUG#1530223]