DNO ASA

Oslo, 10 October 2022 - Reference is made to today's announcement by RAK Petroleum plc regarding the completed intra-group transfer of 438,379,418 shares in DNO ASA from RAK Petroleum's wholly owned subsidiary, RAK Petroleum Holdings BV , to RAK Petroleum . Following completion of the Intra-Group Transfer, RAK BV has reduced its shareholding in DNO from 438,379,418 to 0 shares and has therefore crossed below several [...]

Oslo, 28 September 2022 - DNO ASA, the Norwegian oil and gas operator, has completed buybacks in the DNO03 bond totaling USD 19,565,657. The purchased bonds will be cancelled. Following cancellation, the outstanding amount of the DNO03 bond will be USD 131,162,339. The buybacks do not change the fixed maturity date of the DNO03 bond. - For further information, please contact: Media: media@dno.no Investors [...]

Oslo, 13 September 2022 - DNO ASA, the Norwegian oil and gas operator, today held an Extraordinary General Meeting in Oslo at which the proposal to increase the Company's share capital received near unanimous support of over 99 percent of the votes cast. The Company will issue 78,943,763 new shares for subscription by RAK Petroleum plc, subject to the fulfilment of certain conditions set out in the transaction agreement [...]

Oslo, 30 August 2022 - DNO ASA, the Norwegian oil and gas operator, has completed cancellation of USD 25,431,004 in DNO03 bonds . Following cancellation, the outstanding amount of the DNO03 bond is USD 150,727,996. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 [...]

Oslo, 26 August 2022 - DNO ASA, the Norwegian oil and gas operator, today confirmed an oil discovery on the Ofelia prospect in the Norwegian North Sea license PL929 in which the Company holds a 10 percent interest. The well encountered a 73-meter oil column in Lower Cretaceous Agat Formation sandstones of moderate to good reservoir quality. Preliminary estimates of gross recoverable resources are in the range of 16-39 [...]

22 August 2022 - DNO ASA, the Norwegian oil and gas operator, today entered into a transaction agreement pursuant to which RAK Petroleum plc will transfer its ownership of Mondoil Enterprises LLC to DNO. The all-share transaction comprises Mondoil Enterprises' 33.33 percent indirect interest in privately-held Foxtrot International LDC whose principal assets are operated stakes in offshore production of gas and associated [...]

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 Tom Allan...

Oslo, 15 August 2022 - DNO ASA, the Norwegian oil and gas operator, today released its 2021 Corporate Social Responsibility Report. The report is attached as a downloadable file and is also available on the Company's website www.dno.no. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North [...]

Oslo, 15 August 2022 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's shares will be traded ex-dividend effective 15 August 2022. A dividend payment of NOK 0.25 per share will be made on or about 23 August 2022 to all shareholders of record as of 16 August 2022. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a Norwegian oil [...]

Oslo, 11 August 2022 - DNO ASA, the Norwegian oil and gas operator, today reported strong second quarter operational and financial results powered by high oil and gas prices and by solid production in its operated flagship Kurdistan Tawke license. Spurred by quarterly revenue of USD 361 million and free cash flow of USD 167 million, the Company reduced debt and exited the quarter in a positive net cash position for the [...]