DNO ASA

Oslo, 16 January 2025 - DNO ASA, the Norwegian oil and gas operator, will publish its Q4 2024 operating and interim financial results on 6 February at 07:00 . A videoconference call with executive management will follow at 14:00 . Today the Company provides an update on production, sales volumes and other selected information for the quarter. Volumes Gross operated production Q4 2024 Q3 2024 Q4 2023 Kurdistan 74,163 [...]

Oslo, 14 January 2025 - DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 13 exploration licenses, of which four are operatorships, under Norway's Awards in Predefined Areas 2024 licensing round. Of the 13 new licenses, 10 are in the North Sea and three in the Norwegian Sea. At yearend 2024, DNO held interests in 84 licenses [...]

Oslo, 19 December 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's wholly-owned subsidiary DNO Norge AS has entered into a swap agreement with OKEA ASA to farm into a 10 percent interest in PL1119 containing the Mistral prospect. In exchange, OKEA will pick up a 10 percent interest in PL1109 containing the Horatio prospect. The Mistral prospect is located just south of the Åsgard area [...]

Oslo, 17 December 2024 - DNO ASA, the Norwegian oil and gas operator, today announced an oil and gas discovery on the Ringand prospect in the Norwegian North Sea license PL923/923B in which the Company's wholly-owned subsidiary DNO Norge AS holds a 20 percent interest. Preliminary estimates of gross recoverable resources are in the range of 2-13 million barrels of oil equivalent on a P90-P10 basis with a mean of 10 MMboe [...]

Oslo, 9 December 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that its operated Trym field in the Norwegian North Sea license PL147 is back on production after a five-year shutdown during which TotalEnergies redeveloped the Tyra field infrastructure in the Danish North Sea to which Trym is tied back. First commissioned in 2011, Trym is expected to contribute 3,000 barrels of oil equivalent per day [...]

Oslo, 2 December 2024 - DNO ASA, the Norwegian oil and gas operator, today announced an oil discovery in license PL1086 in which the Company holds a 50 percent operated interest with the balance held by partners Aker BP ASA , Petoro AS and Source Energy AS . Light oil was discovered in Palaeocene sandstones of good reservoir quality with preliminary estimates of gross recoverable resources in the range of 27-57 million [...]

Oslo, 14 November 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's shares will be traded ex-dividend effective 14 November 2024. A dividend payment of NOK 0.3125 per share will be made on or about 22 November 2024 to all shareholders of record as of 15 November 2024. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a [...]

Oslo, 8 November 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that the Financial Supervisory Authority of Norway on 6 November 2024 approved the prospectus prepared in connection with the listing on the Oslo Stock Exchange of the Company's 9.25 percent USD 400 million senior unsecured callable bonds issued on 4 June 2024 with maturity in June 2029 . Trading in the bonds is expected to commence on or [...]

Oslo, 7 November 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that pursuant to the authorization granted at the Annual General Meeting held on 6 June 2024, the Board of Directors has approved a dividend payment of NOK 0.3125 per share to be made on or about 22 November 2024 to all shareholders of record as of 15 November 2024. DNO shares will be traded ex-dividend as of 14 November 2024. Dividend [...]

Oslo, 7 November 2024 - DNO ASA, the Norwegian oil and gas operator, today reported a 24 percent increase in revenue to USD 170 million in the third quarter of 2024, with operating profit also higher at USD 31 million, up from an operating loss of USD 3 million in the previous quarter. Third quarter net production averaged 77,200 barrels of oil equivalent per day , to which Kurdistan contributed 63,200 boepd, North Sea [...]