DNO International Updates Operations

Oslo, 11 September 2012 -- DNO International ASA ("DNO International"), the
Norwegian oil and gas company, announced today that the Benenan-3 well currently
drilling in the Kurdistan region of Iraq has encountered movable oil in the
Bekhme formation at a depth of around 2,000 meters. Testing is ongoing to
acquire additional data.

Benenan-3 initiates the multi-well development of the Benenan field in the Erbil
license and will be completed as a horizontal producer in the Najmeh formation.
The deeper Najmeh formation was oil bearing in both the Benenan discovery and
appraisal wells; the Bekhme formation, however, was not conclusively tested in
those down dip wells.

Following Benenan-3, the rig will be mobilized to drill the Bastora-2
development well in the adjacent Bastora field, also in the Erbil license.
Bastora-1, the first horizontal well completed in Kurdistan, is producing from
the Bekhme formation under long-term test in preparation for full field
development.

In other ongoing operations in Kurdistan, the Tawke-18 well, designed to
increase Cretaceous production and test an exploration footwall target below the
main field-bounding fault, is drilling ahead at 2,400 meters. The Tawke-17 well,
drilling ahead at 550 meters, is also designed to increase Cretaceous
deliverability from the eastern flank of the Tawke field and test the
exploration potential of deeper Jurassic and Triassic intervals. A fourth rig
has been mobilized by the Company to re-enter the Tawke-14 well in early October
for a planned sidetrack into the Cretaceous interval. Tawke-19, the last Tawke
development well under the 100,000 barrels per day production enhancement
program, is also scheduled to spud in early October.

"Through these wells and others planned next year, the Company is targeting in
excess of 500 million barrels of gross unrisked oil and gas reserves,
predominantly in Kurdistan," said Bijan Mossavar-Rahmani, DNO International's
Executive Chairman. "Our drilling campaign is aggressive, it is balanced between
exploration and development and it is consequential," he added.

Additional information about the Company's operations and financial results will
be presented by Haakon Sandborg, Chief Financial Officer, at the Nomura Upstream
Conference in London today and the Pareto Oil & Offshore Conference in Oslo on
12 September. The full presentation is attached.

--- DNO International ASA is an Oslo-listed, Middle East and North Africa
focused oil and gas company holding stakes in 17 licenses in various stages of
exploration, development and production both onshore and offshore in the
Kurdistan Region of Iraq, the Republic of Yemen, the Sultanate of Oman, the
United Arab Emirates and the Tunisian Republic. http://www.dno.no ---

Oslo, 11 September 2012

DNO International ASA
Corporate Communications

Queries: Tom Bratlie (tom.bratlie@dno.no or tel: +47 905 21 904)

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




DNO Corporate Presentation September 2012:
http://hugin.info/36/R/1639999/527902.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#1639999]




Unternehmen: DNO International ASA - ISIN: NO0003921009