The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' interests in the license.
Separately, a payment of US$5.41 million has been received net to DNO, representing 3% of gross Tawke license revenues during April, as provided for under last August's receivables settlement agreement with the Kurdistan Regional Government.
DNO operates and has a 75% interest in the Tawke license, which contains the Tawke and Peshkabir fields.
