Oslo, 15 January 2024 - DNO ASA, the Norwegian oil and gas operator, will publish its Q4 2023 operating and interim financial results on 8 February at 07:00 . A videoconference call with executive management will follow at 14:00 . The Company issues below an update on production and sales volumes for the quarter as well as other key financial information that will be further discussed in the earnings call. Volumes Gross [...]
Oslo, 4 January 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company will exercise the option to fully redeem its DNO03 bond on 5 January 2024. Issuer: DNO ASA ISIN of bond loan: NO0010852643 Original maturity date: 29 May 2024 New maturity date : 22 January 2024 Record date: 18 January 2024 Redemption price: 100% of the Nominal Amount, plus accrued interest. - For further information [...]
Oslo, 19 December 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90,000 barrels of oil per day . That lifts the projected fourth quarter 2023 figure to 65,000 bopd, up from 26,000 bopd in the third quarter and zero production in the second quarter [...]
Oslo, 13 December 2023 - DNO ASA, the Norwegian oil and gas operator, today announced successful completion of the second appraisal well on the Bergknapp/Åre discoveries in license PL836S in the Norwegian Sea. Recoverable volumes are currently estimated by the operator to range between 50 and 100 million barrels of oil equivalent . Bergknapp/Åre are located eight kilometers west of the Wintershall Dea Norge AS operated [...]
Oslo, 12 December 2023 - DNO ASA, the Norwegian oil and gas operator, today announced completion of appraisal/side track wells that both confirmed the 2022 Ofelia oil and gas discovery and led to a new gas discovery in the overlying Kyrre formation in license PL929 in the Norwegian North Sea. Combined recoverable volumes are estimated by the operator to range between 27 and 52 million barrels of oil equivalent [...]
Oslo, 12 December 2023 - DNO ASA, the Norwegian oil and gas operator, today announced completion of appraisal/side track wells that both confirmed the 2022 Ofelia oil and gas discovery and led to a new gas discovery in the overlying Kyrre formation in license PL929 in the Norwegian North Sea. Combined recoverable volumes are estimated by the operator to range between 27 and 52 million barrels of oil equivalent [...]
Oslo, 16 November 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's shares will be traded ex-dividend effective 16 November 2023. A dividend payment of NOK 0.25 per share will be made on or about 24 November 2023 to all shareholders of record as of 17 November 2023. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - [...]
Oslo, 9 November 2023 - DNO ASA, the Norwegian oil and gas operator, today reported third quarter revenue of USD 141 million, up 142 percent from the previous quarter, on higher sales of oil and gas across its portfolio. Net quarterly production totaled 37,200 barrels of oil equivalent per day , up 158 percent, with Kurdistan contributing 19,500 boepd, North Sea 14,300 boepd and West Africa the balance. Operating profit [...]
Oslo, 9 November 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that pursuant to the authorization granted at the Annual General Meeting held on 25 May 2023, the Board of Directors has approved a dividend payment of NOK 0.25 per share to be made on or about 24 November 2023 to all shareholders of record as of 17 November 2023. DNO shares will be traded ex-dividend as of 16 November 2023. Dividend [...]
Oslo, 30 October 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO North Sea Limited has been awarded a 50 percent operated interest in Blocks 9/9f, 9/10c, 9/14c and 9/15d in United Kingdom's 33rd Offshore Licensing Round. Aker BP UK Limited will hold the remaining 50 percent in the licensed area. The area is located adjacent to the Norwegian border and just west of [...]
Please refer to the attached form of notification of transaction by primary insider under the DNO ASA Employee Synthetic Share Program. This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3. Attachment Form of Notification - Award of synthetic shares - Sameh Hanna - Oct 2023...
Oslo, 16 October 2023 - DNO ASA, the Norwegian oil and gas operator, will publish its Q3 2023 operating and interim financial results on 9 November at 07:00 . A videoconference call with executive management will follow at 10:00 . The Company issues below an update on production and sales volumes for the quarter as well as other key financial information that will be further discussed in the earnings call. Volumes Gross [...]
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