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MARKET UPDATE: KURDISTAN – Dno International Asa

Dno International Asa · Apr 3, 2008 · 9 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 1
    Initiation of crude oil exports from Tawke Export of crude oil from Tawke Completed all outstanding work Undertaken all necessary preparations and commissioning Commenced on 1st June 2009 A joint effort A product of the joint…
  2. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 2
    DNO in Kurdistan Early entry in 2004 Tawke PSC TURKEY In the forefront of events DNO SYRIA Dohuk PSC Instrumental in developing the local oil industry IRAN Erbil PSC Fast track development Developed exible full scale E&P…
  3. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 3
    Tawke a fast track and robust project Tawke key facts (Gross gures) Expected Oil in Place (MBOE) 1,300 P50 Reserves (MBOE) 230 - Phase I process facilities (CPF, pipeline, topping plant) 90 - Phase I export facilities (Metering…
  4. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 4
    Reserve Estimate MARKET PRESENTATION REVISED RESERVE ESTIMATES In place volumes Range 0.9 to 1.9 billion bbls Current expected value of 1.3 billion bbls Recoverable reserves Range 150 to 370 million bbls Current expected value…
  5. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 5
    TAWKE MAIN MILESTONES Tie in completed and export of crude oil initiated Long term test production CPF transported and installed at the Tawke eld The Tawke Oil Discovery Acquisition of seismic data Initial agreement with…
  6. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 6
    The oil deals signed by the KRG are legal and constitutional. They are The revenues from todays historic export will and must be handled constitutional according to the article 112 of Iraqi constitution. fairly and transparently. And oil…
  7. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 7
  8. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 8
  9. MARKET UPDATE: KURDISTAN – Dno International Asa – slide 9
    Way forward An historical milestone First crude oil from Kurdistan to the international market DNO holds a key position in the development of the oil industry in the region Ramp up of production Establish a stable export rate at…

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