DNO INTERNATIONAL ASA THE KURDISTAN REGION OF IRAQ
THE NEW FRONTIER A REGION WITH HIGH POTENTIAL Attractive Kurdistan is unexplored relative to the rest of Iraq Highly prospective area combined with early entry opportunity at a low cost on trend with very large fields including…
DNO IN KURDISTAN FIRST IN IRAQ DNO was the first foreign company to explore for oil in Iraq for decades We have a strong and competent organization divided between Kurdistan, Dubai, and Oslo Excellent cooperation with Kurdistan…
INFRASTRUCTURE IN IRAQ ESTABLISHED OIL EXPORT ROUTES Mosul IRAQ Iraq has 6,960 kilometers network of KIRKUK International boundary Oil pipeline pipelines Kirkuk Oil Gas Two major pipelines are installed from Beiji Tanker…
COMPANIES IN KURDISTAN Company name of Blocks Aspect energy 1 Crescent 1 Perenco DNO Dana Gas 1 Hillwood DNO 3 Open DNO Aspect Open Gulf Key Stone 1 Gulf Key Stone Heritage 1 Hunt Oil MOL Reliance Open Hillwood 1 Open Reliance Open…
GROSS DAILY PRODUCTION FROM TAWKE BARRELS OF OIL PER DAY 15 000 13 500 2007 AVERAGE PRODUCTION: 5 645 BOPD 2008 AVERAGE PRODUCTION: 7 278 BOPD 12 000 10 500 9 000 7 500 6 000 4 500 3 000 2007 2008 1 500 0 17 June 2007…
RESERVE DEVELOPMENT IN KURDISTAN REVISED ESTIMATES FOR TAWKE Based on latest data available and initial results from reservoir modeling: Oil In Place is ranging from 0.9-1.9 billion barrels with a current best estimate of 1.3 billion…
PRODUCING OIL IN KURDISTAN
THE TAWKE PROJECT: OVERVIEW OIL FLARE GAS WATER WELL FLUID 2 X 10,000 bbls SEPARATOR - 2 stages CRUDE OIL TANKS 10,000 bopd WELL LOADING CAPACITY PUMP WATER INJECTION TANK (FUTURE) TAWKE FIELD PIPELINE TIE-IN AREA 45 km 12…
TAWKE: CENTRAL PROCESSING FACILITY Tawke Central Processing Facility Area Central Processing Facility CAPITAL MARKETS DAY 2008 10
TAWKE: CENTRAL PROCESSING FACILITY Tawke flare Tawke CPF crude storage tanks CAPITAL MARKETS DAY 2008 11
OPERATIONS ON TAWKE: PIPELINE Pipelines at the Tawke Field CAPITAL MARKETS DAY 2008 12
OPERATIONS ON TAWKE: TIE-IN AREA Existing export line and fiscal metering station at tie-in area in Fishkhabour CAPITAL MARKETS DAY 2008 13
EXPLORING THE POTENTIAL
EXPLORATION IN KURDISTAN Sindy-1 Rig GWDC Rig CAPITAL MARKETS DAY 2008 15
THE TAWKE PSC: OVERVIEW RING-FENCED TAWKE OIL FIELD: The license cover 406 km2 Two producing horizons DEVELOPMENT/APPRAISAL WORK To date DNO has performed a 3D seismic campaign of 200 km2 and a 2D seismic campaign of 81 km 10…
THE DOHUK PSC: OVERVIEW REVISED DOHUK PSC PSC Agreement Area: 1,652 km2 Dihok West Tawke field is ring-fenced and defined Dihok Central as a separate PSC EXPLORATION WORK Linava More than 475 km of 2D seismic have been acquired…
THE ERBIL PSC: OVERVIEW AGREEMENT AREA PSC Agreement Area: 313 km2 EXPLORATION WORK DNO have acquired 133 km of 2D seismic since 2005 Hawler-1 Hawler 1 exploration well has been drilled Bastora and is currently being tested In…
CLOSING REMARKS
SUMMARY A MASSIVE OPERATION Two original PSAs reviewed by KRG and finalized as three PSCs in compliance with the Regional Petroleum Law Tawke Field Development finished awaiting export tie-in to existing pipeline infrastructure…