DNO ASA

Oslo, 23 March 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 5.25 million from the Kurdistan Regional Government net to DNO, representing three percent of gross Tawke license revenues during December 2017, as provided for under last August's Receivables Settlement Agreement. -- For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no Tel: +47 911 [...]

Oslo, 22 March 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 62.46 million from the Kurdistan Regional Government as payment for December 2017 crude oil deliveries to the export market from the Tawke license. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' interests in the license. DNO operates and has a 75 percent interest in the Tawke license [...]

Oslo, 15 March 2018 - DNO ASA, the Norwegian oil and gas operator, today released its 2017 Annual Report and Accounts together with its 2017 Annual Statement of Reserves and Resources and reported improvements across key financial and operational metrics. Annual 2017 revenues climbed to USD 347 million, up 72 percent from year earlier levels. Operating profit totaled USD 521 million, up from USD 6 million in 2016, with [...]

Oslo, 15 February 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 54.73 million from the Kurdistan Regional Government as payment for November 2017 crude oil deliveries to the export market from the Tawke license. 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 4.70 million from the Kurdistan [...]

Christopher Spencer, Commercial Director, has on 8 February 2018 bought 10,000 shares in DNO ASA, at an average price of NOK 9.296 per share. Following this transaction, he holds 29,000 shares in DNO ASA through his wholly-owned company Chris's Corporation AS. -- This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by [...]

Oslo, 8 February 2018 - DNO ASA, the Norwegian oil and gas operator, today announced a 50 percent hike in 2018 spending in the Kurdistan region of Iraq to USD 250 million net to the Company on the back of higher revenues and regular export payments. Annual 2017 revenues stood at USD 347 million, up 72 percent from 2016, bolstered by fourth quarter revenues of USD 116 million, the highest quarterly level in more than three [...]

DNO ASA will release its 2017 results to the Oslo Stock Exchange at 08:00 am CET on 8 February 2018. A management presentation will follow at Felix 1, Felix Konferansesenter, Bryggetorget 3, Aker Brygge, 0125 Oslo at 10:00 am CET. 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, 6 [...]

Oslo, 22 January 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 53.71 million from the Kurdistan Regional Government as payment for October 2017 crude oil deliveries to the export market from the Tawke license. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' interests in the license. The payment to DNO of three percent of gross Tawke license [...]

Oslo, 16 January 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses under Norway's Awards in Predefined Areas 2017 licensing round. Of the 10 licenses, seven are in the North Sea, one in the Norwegian Sea and two in the Barents Sea. Prior to today's announcement, DNO held interests in 11 licenses [...]

DNO ASA's scheduled financial reporting in 2018 is as follows: Full-year 2017 presentation: 8 February 2018   Operating and financial update: 26 April 2018   Half-year 2018 presentation: 16 August 2018   Operating and financial update: 1 November 2018 The Company's 2017 Annual Report will be released on 15 March 2018 and the Company's Annual General Meeting is scheduled for 31 May 2018.  DNO reserves the right to revise [...]