Oslo, 21 May 2024 - DNO ASA, the Norwegian oil and gas operator, today announced it has engaged DNB Markets, part of DNB Bank ASA, and Pareto Securities AS as Global Coordinators and Joint Bookrunners and with Arctic Securities AS as Joint Bookrunner to arrange fixed income investor meetings. Subject to inter alia market conditions and acceptable terms, a new senior unsecured bond issue with a tenor of five years may [...]
Oslo, 16 May 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's shares will be traded ex-dividend effective 16 May 2024. A dividend payment of NOK 0.25 per share will be made on or about 28 May 2024 to all shareholders of record as of 21 May 2024. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a Norwegian oil and gas [...]
Oslo, 16 May 2024 - DNO ASA, the Norwegian oil and gas operator, today announced the completion of the acquisition of a 25 percent interest in the Arran field on the UK Continental Shelf by the Company's wholly-owned subsidiary DNO Exploration UK Limited from ONE-Dyas E&P Limited. The field is operated by Shell UK Limited and was brought on stream in 2021 as a subsea tie-back to the Shell-operated Shearwater A platform [...]
Oslo, 15 May 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that the Annual General Meeting scheduled for 6 June 2024 will be held at 1:00 pm Norwegian time at The National Museum, Brynjulf Bulls plass 3, 0250 Oslo. Remote participation is possible. Shareholders can also vote electronically in advance or submit a proxy. The formal notice of the Annual General Meeting is attached and provides further [...]
Oslo, 8 May 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that pursuant to the authorization granted at the Annual General Meeting held on 25 May 2023, the Board of Directors has approved a dividend payment of NOK 0.25 per share to be made on or about 28 May 2024 to all shareholders of record as of 21 May 2024. DNO shares will be traded ex-dividend as of 16 May 2024. Dividend amount: NOK 0.25 per [...]
Oslo, 8 May 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that the Company's wholly-owned subsidiary DNO Norge AS has entered into an agreement to acquire stakes in five oil and gas fields in the Norne area in the Norwegian Sea from Vår Energi ASA. The transaction creates a new core area for DNO in the North Sea as DNO will hold interests in all producing and under development fields in the greater [...]
Oslo, 8 May 2024 - DNO ASA, the Norwegian oil and gas operator, today reported first quarter 2024 operating profit of USD 61 million, 61 percent higher than the previous quarter, on the back of revenues totaling USD 183 million. Free cash flow at USD 44 million was up 31 percent from the fourth quarter of 2023. Net production climbed 14 percent quarter-on-quarter and averaged 74,800 barrels of oil equivalent per day in [...]
Oslo, 6 May 2024 - DNO ASA, the Norwegian oil and gas operator, will publish its Q1 2024 operating and interim financial results on 8 May at 07:00 . A videoconference call with executive management will follow at 12:30 . Please visit www.dno.no for login details ahead of the call. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - DNO ASA is a Norwegian oil and gas [...]
DNO ASA, the Norwegian oil and gas operator, today announced that a final investment decision has been made for the development of the Brasse field, to be renamed Bestla, based on a tie-back to the nearby production facilities of the Brage field. Bestla is Brage's grandmother in Norse mythology. By long-standing practice, all Norwegian oil and gas fields carry Norse, Nordic or Norwegian names. Bestla , located in the [...]
Oslo, 4 April 2024 - DNO ASA, the Norwegian oil and gas operator, today announced that production and field operations at its operated Tawke license in the Kurdistan region of Iraq have recovered from torrential flooding that also washed away large sections of the banks of the Khabur River, damaging roads and interfering with loading of tanker trucks for deliveries to buyers. The flooding resulted from local downpours [...]
Oslo, 21 March 2024 - DNO ASA, the Norwegian oil and gas operator, today announced completion of an appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB. Heisenberg, a new shallow play in the northern part of the Norwegian North Sea, is now estimated to hold recoverable volumes in the range of 24 to 56 million barrels of oil equivalent [...]
Oslo, 14 March 2024 - DNO ASA, the Norwegian oil and gas operator, today released its 2023 Annual Report and Accounts together with its Annual Statement of Reserves and Resources, Corporate Social Responsibility Report and Remuneration Report. The reports are attached as downloadable files and also available on the Company's website www.dno.no. - For further information, please contact: Media: media@dno.no Investors [...]
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