Oslo, 19 September 2023 - DNO ASA, the Norwegian oil and gas operator, today announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest. Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 25-130 million barrels of oil equivalent on a P90-P10 basis, with a mean of 70 MMboe, in a [...]
Oslo, 7 September 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that Christopher Spencer has been appointed Managing Director of the Company as Bjørn Dale steps down as part of a planned management transition initiated last year. Mr. Spencer has been DNO's Chief Operating Officer since 2021. Before joining DNO six years ago, he served as chief executive of Rocksource ASA and in various commercial and [...]
Oslo, 24 August 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's shares will be traded ex-dividend effective 24 August 2023. A dividend payment of NOK 0.25 per share will be made on or about 1 September 2023 to all shareholders of record as of 25 August 2023. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a Norwegian [...]
Oslo, 17 August 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that the cancellation of all 79,376,509 own shares held by the Company, representing 7.53 percent of shares outstanding, has been completed. This reduction of share capital was approved by shareholders at the Annual General Meeting on 25 May 2023. The creditor notice period for the share capital reduction expired on 19 July 2023 and the [...]
Oslo, 17 August 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 1 September 2023 to all shareholders of record as of 25 August 2023. DNO shares will be traded ex-dividend as of 24 August 2023. Dividend amount [...]
Oslo, 17 August 2023 - DNO ASA, the Norwegian oil and gas operator, today reported that production from its flagship Tawke field in Kurdistan has been restarted following a four-month shut-in triggered by the closure of the Iraq-Turkey Pipeline export route. Production was restarted last month to conduct well integrity tests and synchronize reservoir models but has continued in response to strong demand for Tawke oil [...]
Oslo, 9 August 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that a fast-track development concept has been agreed for its 2016 Brasse oil and gas discovery in license PL740 offshore Norway, paving the way for detailed design studies to link up with the Brage field in which the Company also has an interest. A final investment decision is expected early next year. The project was restarted in early [...]
Oslo, 17 July 2023 - DNO ASA, the Norwegian oil and gas operator, will publish its Q2 2023 operating and interim financial results on 17 August 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 [...]
Oslo, 10 July 2023 - DNO ASA, the Norwegian oil and gas operator, today announced a significant gas and condensate discovery on the Carmen prospect in the Norwegian North Sea license PL1148 in which the Company holds a 30 percent interest. Preliminary evaluation of comprehensive data, including cores and fluid samples, acquired from the discovery well and a follow-on extended sidetrack indicates gross recoverable [...]
Oslo, 5 June 2023 - DNO ASA, the Norwegian oil and gas operator, today reported that the wellhead platform production facilities have been removed from the Schooner field offshore UK, the last major offshore operation under DNO's multi-year North Sea decommissioning program. The heavy lift was conducted using the Heerema Marine Contractors' Thialf semi-submersible crane vessel. The 1,200-tonne platform deck was lifted [...]
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 DNO ASA Share Purchase OSE Geir Arne Skau 31 05 2023...
Please refer to the attached forms of notification of transaction by primary insiders 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. Attachments Form of Notification Cash Settlement Geir Arne Skau 26 05 2023 Form of Notification Cash Settlement Haakon Sandborg 26 05 2023 Form of Notification [...]