The Norwegian oil company DNO says:
* Today reported receipt of $24.28 million from Kurdistan Regional Government as a second payment towards May crude oil deliveries to export market from Tawke field in Iraq.
* With receipt of $15.00 million earlier this week, the payment completes settlement of total invoiced amount for May of $39.28 million, of which $32.95 million comprised monthly entitlement and $6.34 million was towards recovery of outstanding receivables for past deliveries.
* The funds will be shared pro-rata by DNO and partner Genel Energy.
* Tawke production in May averaged 117,757 barrels of oil per day (bopd), of which 114,848 bopd were earmarked for export.