Oslo, 19 December 2022 - DNO ASA, the Norwegian oil and gas operator, today reported the below transactions made under the Company's share buyback program, which commenced 9 December 2022 and will end no later than 30 April 2023. For further information regarding the program, please see the Company's stock exchange notification from 8 December 2022. Overview of transactions: Date Aggregate daily volume Weighted average [...]
Oslo, 19 December 2022 - DNO ASA, the Norwegian oil and gas operator, today announced the acquisition of an additional 10 percent stake in the Berling field development project from Sval Energi AS. Following the acquisition, DNO Norge AS holds a 30 percent interest in the 2018 gas and condensate discovery offshore Norway, with operator OMV AS and Equinor Energy AS retaining 30 percent and 40 percent interests [...]
Please refer to the attached form of notification of transaction by primary insider. This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3. Attachment Form of Notification Automatic Settlement of Synthetic Shares for Tax Purposes Chris Spencer...
Oslo, 8 December 2022 - DNO ASA, the Norwegian oil and gas operator , today announced the initiation of a share buyback program through which the Company will repurchase up to 53,107,326 shares, representing approximately five percent of total shares outstanding, for a maximum total consideration of USD 80 million. The Program will be conducted in accordance with article 5 of the Market Abuse Regulation No 596/2014, as [...]
Oslo, 8 November 2022 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's shares will be traded ex-dividend effective 8 November 2022. A dividend payment of NOK 0.25 per share will be made on or about 16 November 2022 to all shareholders of record as of 9 November 2022. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a Norwegian [...]
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 Securities Trading Act ? 5-12 and MAR Article 19 no. 3. Attachment Form of Notification Settlement of Synthetic Shares Geir Arne Skau...
Oslo, 3 November 2022 - 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 2022, the Board of Directors has approved a dividend payment of NOK 0.25 per share to be made on or about 16 November 2022 to all shareholders of record as of 9 November 2022. DNO shares will be traded ex-dividend as of 8 November 2022. Dividend [...]
Oslo, 3 November 2022 - DNO ASA, the Norwegian oil and gas operator, today reported third quarter operating profit of USD 191 million on revenues of USD 339 million driven by strong production at the flagship Kurdistan Tawke license and continued high oil and gas prices. In Kurdistan, gross operated production totaled 109,100 barrels of oil per day in the quarter , of which the Peshkabir field contributed 62,000 bopd, the [...]
Oslo, 18 October 2022 - DNO ASA, the Norwegian oil and gas operator, will publish its Q3 2022 operating and interim financial results on 3 November 2022 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 [...]
Oslo, 13 October 2022 - DNO ASA, the Norwegian oil and gas operator, refers to the 11 October 2022 announcement on the closing of the transaction with RAK Petroleum plc by which the Company will acquire assets in West Africa. Pursuant to the approval given by DNO's Extraordinary General Meeting of 13 September 2022, the Company has issued 78,943,763 new shares to RAK Petroleum as consideration for the asset transfer [...]
Oslo 11 October 2022 - DNO ASA, the Norwegian oil and gas operator, today announced the completion of the transaction agreement entered between DNO and RAK Petroleum plc by which the Company will acquire Mondoil Enterprises LLC and its 33.33 percent indirect interest in privately-held Foxtrot International LDC, whose principal assets are operated stakes in offshore production of gas and associated liquids in Côte [...]