DNO International Grows Tunisian Exploration and Production Portfolio

Oslo, 4 June 2013 -- DNO International ASA, the Norwegian oil and gas company,
today announced that its wholly-owned subsidiary DNO Tunisia AS has entered into
a farm-out agreement with respect of the Sfax Offshore Exploration Permit and
the Ras El Besh Concession in the Republic of Tunisia.

The agreement contemplates the transfer to DNO Tunisia of an 87.5 percent
participating (100 percent paying) interest in the permit and the concession
from Atlas Petroleum Exploration Worldwide, Inc. and Eurogas International, Ltd.
DNO Tunisia will assume operatorship and a prorata share of the existing cost
oil pool. Completion of the transfer is subject to satisfaction of certain
conditions, including approval by Tunisian authorities.

The Sfax Offshore Exploration Permit and the Ras El Besh Concession are located
in the prolific Gulf of Gabes and cover 3,296 km2, mostly offshore in shallow
waters. To date, three discoveries have been made with combined gross
recoverable resources ranging between 35 million to 60 million barrels of oil.
These assets hold significant exploration potential with 29 identified prospects
which in the aggregate are estimated to contain between 500 million to 700
million barrels of oil of gross unrisked resources.

The initial work plan includes the drilling of two exploration/appraisal wells
in 2014, one on the Salloum discovery and the other on the Jawhara discovery.
The Salloum-1 well drilled in 1991 tested 1,848 barrels of oil per day and the
Jawhara-1 well drilled in 1976 tested 1,484 barrels of oil a day. The Rash El
Besh-1 well drilled in 1997 tested 612 barrels of oil a day.

"We continue to deliver on our growth strategy with another important addition
to the company's exploration and production inventory," said Bijan Mossavar-
Rahmani, DNO International's Executive Chairman. "These are attractive assets
and we are well placed to unlock their potential by leveraging our technical
expertise and by developing synergies across our Tunisian portfolio."

The company currently holds interests in the Hammamet Offshore Exploration
Permit and the Fkirine Prospecting Permit.

--- DNO International ASA is an Oslo-listed, Middle East and Africa focused, oil
and gas company holding stakes in 18 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,
the Tunisian Republic and Somaliland. http://www.dno.no ---

Oslo, 4 June 2013

DNO International ASA
Corporate Communications

Queries: Bjørn Dale (bjorn.dale@dno.no or +47 909 79 889)

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




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Source: DNO International ASA via Thomson Reuters ONE
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Unternehmen: DNO International ASA - ISIN: NO0003921009