Planned 2017 capital investments are estimated at $100 million, and include four new production wells at Tawke.

DNO is considering three more wells at Tawke to increase production above current levels of around 115,000 barrels per day of oil, contingent on regular and predictable export payments from the Kurdistan Regional Government.

Last year, DNO received 10 payments totalling $210 million net to the company for Tawke exports and outstanding receivables.

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