Edition:
United Kingdom

DNO reports $47.23 mln payment for Tawke Deliveries


Thursday, 24 May 2018 

May 24 (Reuters) - Dno Asa ::REG-DNO REPORTS PAYMENT FOR TAWKE DELIVERIES.RECEIPT OF $47.23 MILLION FROM KURDISTAN REGIONAL GOVERNMENT AS PAYMENT FOR FEB 2018 CRUDE OIL DELIVERIES TO EXPORT MARKET FROM TAWKE LICENSE.FUNDS WILL BE SHARED BY DNO AND PARTNER GENEL ENERGY PLC PRO-RATA TO COMPANIES' INTERESTS IN LICENSE.SEPARATELY A PAYMENT OF $4.51 MILLION FROM KURDISTAN REGIONAL GOVERNMENT HAS BEEN RECEIVED NET TO DNO.