RAK Petroleum Posts Record AED 91.8 Million Third Quarter Profit

DUBAI, 14 November 2011--RAK Petroleum Public Company Limited, the oil and gas exploration and production company, today announced a record net profit of AED 91.8 million (unaudited) for the quarter ended 30 September 2011 on turnover of AED 107.2 million, after equity accounting for its share of the profit reported by associate company DNO International ASA in which RAK Petroleum owns a 30 percent stake. On a stand-alone basis, RAK Petroleum recorded an operating profit of AED 33.1 million.