DNO International ASA has been notified that Petrolia Invest AS and Erik J.
FrydenbÃ¸ have filed a request for an injunction with the Oslo District Court
seeking to block the completion of the merger with RAK Petroleum PCL's MENA
The Company sees the request for injunction as another frivolous attack on, and
attempt to interfere with, the merger by the former chairman, Berge Gerdt
Larsen, his associates and his advisors. It falls in line with, and is seen as a
continuation of efforts by the same parties to interfere with the merger prior
to the extraordinary general meeting by means of a campaign of disinformation
and factual distortion.
DNO is of the clear view that the request is completely without merit and will
vigorously defend against it. The merger was adopted by a strong majority at the
extraordinary general meeting on 1 November 2011, and the merger is expected to
be completed in January 2012.
Oslo, 12 December 2011
DNO International ASA
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(Norwegian Securities Trading Act)
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Source: DNO International ASA via Thomson Reuters ONE