DNO ASA

Oslo, 27 May 2016 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 16.0 million from the Kurdistan Regional Government as partial payment to DNO and partner Genel Energy plc for April crude oil deliveries to the export market from the Tawke field. The total invoiced amount for April is USD 32.3 million, of which USD 27.1 million comprises the monthly entitlement and USD 5.2 million is towards [...]

Oslo, 24 May 2016 - DNO ASA, the Norwegian oil and gas operator, announced today the Hayah-1 exploration well in Oman's onshore Block 36 failed to encounter hydrocarbons other than minor gas shows and will be plugged and abandoned. The well, drilled in the Rub al-Khali basin in the southwestern part of the country, reached a total depth of 3,010 meters and penetrated the three target reservoirs, of which two had good [...]

Oslo, 12 May 2016 - The Annual General Meeting of DNO ASA will be held on 2 June 2016 at 10:00 am CET at Thon Hotel Vika Atrium Konferansesenter at Munkedamsveien 45, 0250 Oslo, Norway. The notice of the Annual General Meeting is attached. Please see the company website (www.dno.no) for additional documents and information. -- This information is subject to the disclosure requirements pursuant to section 5-12 of the [...]

Oslo, 5 May 2016 - DNO ASA ("DNO") announces that on 5 May 2016 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 6.042 per synthetic share based on the closing price on 4 May 2016: Name Title Synthetic shares Purchased Total no of sold/settled synthetic shares Total holding of synthetic shares Claes Åbyholm General Counsel 1 505  - ... [...]

Oslo, 4 May 2016 - DNO ASA, the Norwegian oil and gas operator, announced the startup of an active drilling program at its flagship Tawke field in the Kurdistan region of Iraq as the company boosts investments on the back of seven consecutive monthly oil payments, the last three of which were in line with its contractual entitlements. The company also reported the first quarterly profit from operating activities since [...]

DNO ASA will release its first quarter 2016 results to the Oslo Stock Exchange at 08:00 am CET on 4 May 2016. A management presentation will follow at Lille Sal, Konserthuset, Munkedamsveien 14, 0250 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 A live webcast of the presentation will be available on www.dno.no and an archived version of the webcast will be posted on the company's website.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, 3 May 2016 [...]

Oslo, 12 April 2016 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 20.11 million from the Kurdistan Regional Government for March crude oil deliveries to the export and local markets from the Tawke field under the payment arrangement announced earlier this year. The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 16.87 million toward the monthly entitlement for [...]

Oslo, 12 April 2016 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 20.11 million from the Kurdistan Regional Government for March crude oil deliveries to the export and local markets from the Tawke field under the payment arrangement announced earlier this year. The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 16.87 million toward the monthly entitlement for [...]

Oslo, 22 March 2016 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 13.46 million from the Kurdistan Regional Government for February crude oil deliveries to the export and local markets from the Tawke field under the payment arrangement announced earlier this year. The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 11.29 million toward the monthly entitlement [...]

Oslo, 18 March 2016 - DNO ASA, the Norwegian oil and gas operator, today released its 2015 Annual Report and Accounts together with its 2015 Annual Statement of Reserves. The company reported record levels of operated production in 2015, driven by strong performance in the Kurdistan region of Iraq, though the company's financial results were impacted by the sharp drop in world oil prices and lower payments for exports in [...]