Oslo, 2 January 2015 - DNO ASA, the Norwegian oil and gas operator, and Entreprise Tunisienne d'Activités Pétrolière, holder of the Sfax Offshore Exploration Permit in the Republic of Tunisia, announced today the completion of drilling of the Jawhara-3 well on the permit. Jawhara-3 well was vertically drilled to a total depth of 2,815 meters. The Douleb and Bireno fractured carbonates formations proved to be water [...]
DNO will present its quarterly financial statements on the following dates in 2015: 4th quarter 2014 presentation: 5 February 2015 1st quarter 2015 presentation: 7 May 2015 2nd quarter 2015 presentation: 20 August 2015 3rd quarter 2015 presentation: 5 November 2015 The Company's Annual General Meeting is scheduled for 28 May 2015. Oslo, 22 December 2014DNO ASACorporate Communications This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. ... [...]
Oslo, 3 December 2014 - DNO ASA, the Norwegian oil and gas operator, today confirmed receipt of USD 30 million as first payment for oil exported by the Kurdistan Regional Government from the Tawke field during 2014. The payment will be shared by DNO (USD 20.625 million) and partner Genel Energy plc (USD 9.375 million), reflecting their relative participation in the Tawke license operated by DNO. "This payment and the [...]
Oslo, 14 November 2014 - DNO ASA ("DNO") announces that on 14 November 2014 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 13.73 per synthetic share based on the closing price on 13 November 2014: Name Position Synthetic shares purchased ...
Oslo, 13 November 2014 - DNO ASA, the Norwegian oil and gas operator, today reported third quarter 2014 gross production of 124,396 barrels of oil equivalent per day (boepd) on the strength of uninterrupted operations at its flagship Tawke field in the Kurdistan region of Iraq. Increasing volumes of Tawke oil were directed from local sales to exports through Ceyhan, Turkey during the quarter by the Kurdistan Regional [...]
DNO ASA will release its third quarter 2014 results to the Oslo Stock Exchange at 08:00 am CET on 13 November 2014. A management presentation will follow at Lille Sal, Oslo Konserthus, 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 A live webcast of the presentation will be available on www.dno.no and an archived version of the webcast will be posted on the Company website. The presentation will be in English. Oslo, 11 [...]
Oslo, 28 October 2014 - DNO ASA, the Norwegian oil and gas operator, announced today the appointment of Jeroen Regtien as Chief Operating Officer based in Dubai, effective 1 January 2015. Regtien comes to DNO from Royal Dutch Shell Plc, where he has had extensive international exploration and production experience, including in the Middle East. His most recent position was Country Chairman and Managing Director for Shell [...]
Oslo, 15 October 2014 -- DNO ASA, the Norwegian oil and gas operator, today announced commencement of drilling of the Jawhara-3 well, the first of several exploration and appraisal wells planned in the Sfax Offshore Exploration Permit in the Republic of Tunisia. It will be drilled four kilometers north of the Jawhara-1 discovery well, which flowed 1,500 barrels of oil per day, and will test the Douleb and Bireno [...]
DNO ASA: Mandatory Notification of Trade Hirsti Invest AS, a related party to Board Member Gunnar Hirsti, has on 10 October 2014 purchased 10,000 shares in DNO ASA at a price of NOK 15.67 per share. Following this transaction, Hirsti Invest AS holds 250,000 shares in DNO ASA. Oslo, 10 October 2014 DNO ASA Corporate Communications This information is subject of the disclosure requirements pursuant to section 5-12 of [...]
Oslo, 8 September 2014 - DNO ASA, the Norwegian oil and gas operator, today announced that it has been granted a two-year extension of the term of its production sharing agreement for Block SL18 in Somaliland. The first exploration period will now end on 8 November 2017.
Block SL18, in which DNO has a 50 percent stake as operator, is a frontier exploration block. The partners have completed field survey and environmental [...]
Oslo, 22 August 2014- DNO ASA ("DNO") announces that on 22 August 2014 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 15.17 per synthetic share based on the closing price on 21 August 2014:
Oslo, 21 August 2014 - DNO ASA, the Norwegian oil and gas operator, today announced second quarter 2014 net profit of USD 44 million on operating revenue of USD 143 million. Production climbed to a record 138,569 barrels of oil equivalent per day (boepd), up 76 percent from the first quarter. Company working interest (CWI) production jumped 78 percent from the previous quarter to 81,669 boepd.