Oslo, 14 November 2013 -- DNO International ASA, the Norwegian oil and gas company, today announced third quarter 2013 net profit of NOK 282 million on operating revenue of NOK 810 million. Production climbed by around a third to a record level of 52,780 barrels of oil equivalent per day (boepd) on a company working interest basis, up from 38,720 boepd in the second quarter of 2013.
DNO International ASA will release its third quarter 2013 results to the Oslo Stock Exchange at 08:00 am CET on 14 November 2013.
A management presentation will follow at the Oslo Konserthus, Munkedamsveien 14, Oslo, at 10:00 am CET (please note that this has changed from 08:00 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 A live webcast of the presentation will be available on www.dno.no and an archived version of the webcast will be posted on the Company [...]
Oslo, 30 October 2013 -- DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that it has tested 5,900 barrels per day of 36º API crude oil from the Salsala-1 exploration well drilled in Block 32, the Republic of Yemen.
Salsala-1 was directionally drilled to a total depth of 4,147 meters and encountered oil shows in the Shuqra formation which was perforated over a 32 meter [...]
Oslo, 25 October 2013 -- DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that it has reached an out of court settlement with ØKOKRIM and accepted a reduced fine of NOK 20 million for alleged failures five years ago to comply with the Securities Trading Act. ØKOKRIM (the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime) had [...]
Oslo, 14 October 2013 -- DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that it has initiated sales from its second horizontal well in the Tawke field in the Kurdistan region of Iraq following testing at a new record rate of 32,500 barrels of oil per day.
Each of ten independent fracture corridors penetrated by a 930-meter horizontal section in the Cretaceous reservoir [...]
DNO International Signs Gas Sales and Purchase Agreement for Summail Field
Oslo, 18 September 2013 -- DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that it has signed a Gas Sales and Purchase Agreement with the Kurdistan Regional Government to supply gas from the Summail field in its Dohuk license in the Kurdistan region of Iraq. The gas will help displace diesel [...]
Oslo, 16 September 2013 -- DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that it has commenced extensive testing of the Tawke-23 exploration well in the Kurdistan region of Iraq. The well is the second horizontal well drilled by the Company in the Tawke field and has encountered continuous oil shows within a 930 metre horizontal section in the main Cretaceous reservoir [...]
Oslo, 22 August 2013 - The following primary insiders have today been allocated synthetic shares in DNO International ASA under the Employee Share Saving Scheme at a price of NOK 10.7457 per synthetic share based on the closing price on 21 August 2013 discounted for a two-year mandatory restriction period:
Name Position Synthetic shares Total holding of [...]
Oslo, 21 August 2013 -- DNO International ASA, the Norwegian oil and gas company, today announced second quarter 2013 net profit of NOK 280 million on operating revenue of NOK 764 million. Production climbed by nearly a third to 38,720 barrels of oil equivalent per day (boepd) on a company working interest basis from 29,061 boepd in the first quarter of 2013 and 23,234 boepd a year earlier.
DNO International ASA will release its second quarter 2013 results to the Oslo Stock Exchange at 07:30 am CET on 21 August 2013.
A management presentation will follow at the Oslo Konserthus, Munkedamsveien 14, Oslo, at 08:00 am CET. 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, 22 July 2013 -- DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that it has initiated production from the first horizontal well in the Tawke field in the Kurdistan region of Iraq at a record rate of 25,000 barrels of oil a day. The Company previ ...
Oslo, 10 July 2013 -- DNO International ASA, the Norwegian oil and gas company, today announced that it has been selected by the Ministry of Oil and Minerals of the Republic of Yemen as successful bidder for onshore Block 84. The Company also announced that it has separately entered into a farm-in a ...