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Jurassic Discovery Well Frac'd in Iraq; Flows 8,000 BO/d

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Jurassic Discovery Well Frac'd in Iraq; Flows 8,000 BO/d

DNO International ASA has reported that its deep Tawke-17 well tested 1,500 barrels a day of 26-28 degree API crude oil from an Upper Jurassic reservoir underlying the Tawke field in the Kurdistan Region of Iraq (map below).

Separately, the Tawke-20 well, the Company's first horizontal well in the Tawke field, has flowed an average of 8,000 barrels a day from each of the first four of ten fractured corridors penetrated by the well. Testing continues on both wells.

Bijan Mossavar-Rahmani, DNO International's Executive Chairman, commented: "We are very pleased that initial Tawke-17 results are in line with the Company's pre-drill estimates. This discovery in the Sargelu formation, over 200 meters below the main field Cretaceous reservoir, likely bumps recoverable reserves on the Tawke…

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