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Norwegian Oil Firm Upbeat After Drilling In Northern Iraq

April 11, 2006

The Shirawa oil field near Kirkuk (file photo) (AFP)

The Shirawa oil field near Kirkuk (file photo) (AFP)

April 11, 2006 -- The Norwegian oil company DNO says test-drilling in northern Iraq shows promising results.


The statement helped boost DNO shares some 11 percent on the Oslo stock exchange on April 10.


The company, which is exploring the possibilities for oil production in the Tawke area in Iraqi Kurdistan, says test production could begin in early 2007.


(dpa)

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