Oslo, 16 August 2018 Dividend amount: NOK 0.2 per share* Declared currency: NOK Last day including right: 13 September 2018 Ex-date: 14 September 2018 Record date: 17 September 2018 Payment date: 24 September 2018 Date of approval: 13 September 2018 -- For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no Tel: +47 911 57 197 -- This information is subject of the disclosure [...]
Oslo, 16 August 2018 Dividend amount: NOK 216.8 million Declared currency: NOK Last day including right: 13 September 2018 Ex-date: 14 September 2018 Record date: 17 September 2018 Payment date: 24 September 2018 Date of approval: 13 September 2018 -- For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no Tel: +47 911 57 197 -- This information is subject of the disclosure [...]
Oslo, 16 August 2018 - DNO ASA, the Norwegian oil and gas operator, today announced plans for its first dividend distribution to shareholders in 13 years following release of strong half-year 2018 results, including revenues of USD 289 million which were up 83 percent from the same period last year. The Company also reported a net profit of USD 61 million and free cash flow of USD 142 million during the first half of the [...]
DNO ASA will release its half-year 2018 results to the Oslo Stock Exchange at 08:00 am Oslo time on 16 August 2018. A management presentation will follow at Felix 2, Bryggetorget 3, 0250 Oslo at 10:00 am Oslo time. A live webcast of the presentation will be available on www.dno.no and an archived version of the webcast will be posted on the Company's website. The presentation will be in English. Oslo, 14 August 2017 This [...]
Oslo, 30 July 2018 - DNO ASA, the Norwegian oil and gas operator, today announced it has subscribed to 2,641,465 shares in Oslo-listed Panoro Energy ASA, representing 5.65 percent of the outstanding shares, at a price of NOK 12.82 per share. The share subscription follows a transaction in which DNO sold its Tunisia subsidiary, DNO Tunisia AS, to Panoro as the Company continues its divestment of non-core assets and focuses [...]
Oslo, 30 July 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that a fourth well has been put on production at the Peshkabir field in the Kurdistan region of Iraq pushing total output past the previously published target of 30,000 barrels of oil per day . The Peshkabir-5 well is currently producing around 8,000 bopd from three Cretaceous and two Jurassic zones through temporary test facilities and the [...]
Oslo, 20 July 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 62.33 million as payment for April 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' interests in the license. Separately, a payment of USD 5.41 million has been received net to DNO [...]
Oslo, 17 July 2018 - DNO ASA, the Norwegian oil and gas operator, today announced a two-thirds increase in production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 25,000 barrels of oil per day following completion of the Peshkabir-4 well testing program. The well has been placed on production at a rate of 10,000 bopd through a 72/64" choke with 790 psi wellhead pressure through [...]
Oslo, 29 June 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that a meeting of bondholders of the DNO01 bond issue approved a resolution to align the covenant structure and terms of the DNO01 bond issue with DNO's USD 400 million five-year senior unsecured bond issue settled on 31 May 2018. Of the bondholders represented at the meeting, 80.11 percent voted in the favor of the resolution. The notice [...]
Oslo, 20 June 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 62.19 million as payment for March 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' interests in the license. Separately, a payment of USD 5.58 million has been received net to DNO [...]
15 June 2018 - DNO ASA, the Norwegian oil and gas operator, today instructed the trustee for the DNO01 bond issue to summon a bondholders meeting to approve an alignment of the covenant structure and terms of the DNO01 bond issue with DNO's USD 400 million five-year senior unsecured bond issue settled on 31 May 2018. The current maturity date, semi-annual coupon, coupon rate and outstanding amount of USD 200 million will [...]
Oslo, 31 May 2018 - DNO ASA, the Norwegian oil and gas operator, today held its 2018 Annual General Meeting at 10:00 am in Oslo. All resolutions received near unanimous approval from shareholders. The minutes from the meeting are attached. -- This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Minutes from 2018 AGM This announcement is distributed by [...]
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