DNO ASA

18 May 2018 - DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new, five-year senior unsecured bonds to be issued at 100 percent of par with a coupon rate of 8.75 percent. The bond placement received strong investor demand across international markets and was oversubscribed. The bond issue is expected to be settled on or about 31 May 2018, subject to customary [...]

16 May 2018 - DNO ASA, the Norwegian oil and gas operator, is contemplating the issuance of a new, five-year senior unsecured bond with a minimum size of USD 400 million through a private placement. The coupon rate and the issue size will be determined during the accelerated book building commencing today. The net proceeds from the contemplated bond issue will be used towards the refinancing of DNO's existing DNO01 bond [...]

The electronic system for notification of attendance is available at the following link: Electronic registration To access the electronic system for notification of attendance or to submit your proxy without voting instructions, you will need the reference number and PIN code that was included in Appendix 2 on the Notice of Annual General Meeting sent to you by mail on 9 May 2018. This announcement is distributed by [...]

Oslo, 8 May 2018 - The Annual General Meeting of DNO ASA will be held on 31 May 2018 at 10:00 am Oslo time at Vika konferansesenter, Munkedamsveien 45, 0250 Oslo, Norway. The notice of the Annual General Meeting is attached. Please see the Company's website for additional documents and information. -- This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading [...]

2 May 2018 - DNO ASA, the Norwegian oil and gas operator, today announced it has engaged Pareto Securities AS to arrange fixed income investor meetings. Subject to market conditions and acceptable terms, a transaction may follow. -- For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no Tel: +47 911 57 197 -- DNO ASA is a Norwegian oil and gas operator focused on the Middle East [...]

Oslo, 26 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced expansion and acceleration of operations in the Kurdistan region of Iraq while building up its North Sea exposure. First quarter revenues, the highest in nearly four years, stood at USD 142 million and net profit at USD 18 million. The Company exited the quarter with cash balances of USD 518 million plus USD 76 million in treasury shares [...]

DNO ASA, the Norwegian oil and gas operator, today announced that it has acquired 3,744,203 shares in Faroe Petroleum plc at a price of GBP 1.25 per share representing 1.02 percent of the outstanding shares in Faroe Petroleum. Following the three transactions, DNO will own 105,247,866 shares representing 28.71 percent of the outstanding shares in Faroe Petroleum; all purchases have been made at a price GBP 1.25 per share [...]

5 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it has acquired 8,487,838 shares in Faroe Petroleum plc at a price of GBP 1.25 per share representing 2.32 percent of the outstanding shares in Faroe Petroleum. This follows the separate completion on 4 April 2018 of a reverse book building process through which DNO acquired 10 percent of the shares in Faroe Petroleum at a price of GBP 1.25 [...]

4 April 2018 - DNO ASA, the Norwegian oil and gas operator, announced today the successful completion of a reverse book building process of 10 percent of the shares in Faroe Petroleum plc. Through the reverse book building, DNO will acquire 36,660,000 shares at GBP 1.25 per share which represents 10 percent of the outstanding shares in Faroe Petroleum. Following the purchase, DNO will own 93,015,825 shares which [...]

4 April 2018 - DNO ASA, the Norwegian oil and gas operator, announced today that it has engaged Pareto Securities AS to acquire up to 10 percent of the outstanding shares in Faroe Petroleum plc. Shareholders in Faroe Petroleum are invited to tender shares through a reverse book building process. Tendered shares that are accepted by DNO at its sole discretion will receive one price determined in the reverse book building [...]