Reference is made to the stock exchange notice dated 17 November 2010 regarding a contemplated private placement of up to 45 million new shares in DNO directed towards Norwegian and international institutional investors. The Board of Directors (the "Board") of DNO is pleased to announce that the Pri ...
DNO International ASA has retained ABG Sundal Collier Norge ASA as Lead Manager and sole bookrunner and DnB NOR Markets as Co-Manager to advise on and effect a contemplated private placement of up to 45 million new shares directed towards Norwegian and international institutional investors in such j ...
As a result of higher production DNO International ASA delivered increased revenues and improved results from operations in the third quarter. "I am pleased to note that the good trend in our financial results and cash flow from operations continued into the third quarter. DNO will now enter a peri ...
DNO International ASA will release its results for the third quarter 2010 to the Oslo Stock Exchange on 11 November 2010. 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 ...
DNO Iraq AS, a subsidiary of DNO International ASA (DNO), is involved in arbitration proceedings related to certain third party interests in The Kurdistan Region of Iraq. The London Court of International Arbitration has disclosed the award in these proceedings. The award, which is conditional, doe ...
Reference is made to the information reported in the media today regarding the award of Block 48 in Yemen to DNO International ASA. The Company can report that DNO has signed a Memorandum of Understanding (MoU) which gives the Company exclusive rights to negotiate a Production Sharing Agreement (P ...
Due to expected seasonal effects, the working interest production for DNO decreased by 4.9 per cent from July to August. Working interest (WI) production in The Kurdistan Region of Iraq was 19,350 bopd in August, down from 20,790 bopd in July, whilst the WI production in Yemen was 6,595 bopd in Augu ...
DNO's working interest production increased from 23,478 bopd in June to 27,279 bopd in July, and net entitlement production increased from 15,135 to 17,621 bopd. The increase is mainly due to higher deliveries of crude oil from the Tawke field to the local market in the Kurdistan Region of Iraq. Se ...
DNO International ASA achieved an EBITDA of NOK 171 million from total sales of NOK 285 million in the second quarter of 2010. Both sales and EBITDA were up by 10 per cent from Q1 to Q2. The improved results are mainly related to increased production. "We are satisfied with the financial results fr ...
DNO International ASA will release its results for the second quarter 2010 to the Oslo Stock Exchange on 18 August, 2010. 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 18 A ...
Reference is made to the election of two new members of the Board of Directors of DNO International ASA at the Annual General Meeting (AGM) on 17 June 2010. Based on a proposal from RAK Petroleum PCL and after consultation with other shareholders, the Board recommended to the AGM that Dr. Zalmay Kh ...
Company controlled by Chairman of the Board of DNO International ASA, Berge Gerdt Larsen, has on Wednesday 28 July 2010 bought 112 417 shares in DNO International ASA at a price of NOK 8.39 per share. Following this transaction, shareholdings in DNO International ASA controlled by the Chairman to ...
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