The minutes of the extraordinary general meeting in DNO International ASA on 10 March 2011 are attached to this release. All resolutions were made in accordance with the Board of Directors' proposals presented in the notice of the meeting. Oslo, 10 March 2011 DNO International ASA Corporate Commu ...
Petrolia Invest AS has today bought 758 030 shares in DNO International ASA at a price of NOK 9.2997 per share. Berge Gerdt Larsen is the chairman of Petrolia Invest AS. Mr Larsen is also the chairman of DNO International ASA. Following this transaction, Petrolia Invest AS holds 758 030 shares in D ...
DNO International ASA is contemplating a senior unsecured bond issue of USD 200-300 million, maturing in 2016. The purpose of the loan is refinancing and general corporate purposes. Pareto Securities AS, ABG Sundal Collier ASA and Fearnley Fonds ASA have been appointed as Managers for the new conte ...
The working interest production increased from 20,885 bopd in December to 28,995 in January due to higher local sales in Kurdistan. See attached production report for January 2011 for full information. Oslo, 1 March 2011 DNO International ASA Corporate Communications This information is subject ...
Reference is made to the stock exchange notice of 15 February 2011. The Board of Directors has received a request from the 30% shareholder RAK Petroleum PCL for an extraordinary general meeting to elect a fifth board member in DNO. The extraordinary general meeting will be held on Thursday 10 March ...
DNO delivered good results from operations in 2010. Combined with successful financial measures, the Company has a solid position for further growth. "2010 was a positive year for DNO, with good increase in production and improved financial results. Our organization is fully focused on a continuous ...
The Board of Directors of DNO International ASA has received a request from the 30% shareholder RAK Petroleum PCL for an extraordinary general meeting to elect a fifth board member in DNO. As reason for the request, RAK Petroleum has noted the following: "Dr. Zalmay Khallilzad was elected to the Bo ...
DNO International ASA will release its results for the fourth quarter 2010 to the Oslo Stock Exchange on 16 February 2011. On the release day, representatives from DNO International ASA will give a presentation of the quarterly financial statements. The presentation will be held at 08:00 A.M. on ...
Gabdain-1, Block 72, Republic of Yemen The Gabdain-1 basement exploration well commenced drilling on 19 November, 2010. The well was drilled to total depth of 3,485 meters measured depth (approximately 636 meters measured depth into the Basement). Hydrocarbons were observed while drilling through t ...
DNO can confirm that export production tests at the Tawke oil field in the Kurdistan Region of Iraq commenced on 2 February. At present, the tested volumes are around 10,000 bopd. The technical tests are being conducted in close coordination with the Kurdistan Regional Government and the Northern O ...
Net entitlement (NE) production was 13,675 bopd in December and 10,602 bopd in the fourth quarter. The average realized oil price on the NE production in the fourth quarter was USD 54 per barrel. Local sales volumes in Kurdistan have further increased in January and the total WI production in Janu ...
In a Stock Exchange Notice released on 24 January 2011 DNO made reference to a press released published by the KRG on 22 January 2011, where amongst other things it was reported that the central government in Baghdad and the Kurdistan Regional Government (KRG) has agreed to resume exports of crude o ...