DNO


All posts for DNO

DNO Withdraws Request for Faroe Petroleum Shareholders Meeting

Oslo, 27 August 2018 - DNO ASA, the Norwegian oil and gas operator, today announced the withdrawal of its request to Faroe Petroleum plc for a meeting of shareholders of the company in which it holds a 28.23 percent stake, and issued the following statement: DNO ASA withdraws the request for an ...

OilVoice Press - OilVoice


Posted 27 days agoPress > DNONorwayFaroe Petroleum

DNO Reports Payment for Tawke Deliveries

Oslo, 20 August 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 69.03 million as payment for May 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNOTawkeTawke PSC +5

Genel Energy PLC: Update on Tawke PSC

Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity. As previously stated, production at Peshkabir has more than doubled to 35,000 bopd, following the successful Peshkabir-4 and Peshkabir-5 wells. ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Genel EnergyTawkeTawke License +8

DNO Presses Foot on Accelerator in Kurdistan; Plans Dividend Payments Following Strong Half-Year 2018 Results

Oslo, 16 August 2018 - DNO ASA, the Norwegian oil and gas operator, today announced plans for its first dividend distribution to shareholders in 13 years following release of strong half-year 2018 results, including revenues of USD 289 million which were up 83 percent from the same period last year ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNODividendKurdistan +10

DNO Subscribes to Shares in Panoro Energy, Completes Sale of Tunisia Assets

Oslo, 30 July 2018 - DNO ASA, the Norwegian oil and gas operator, today announced it has subscribed to 2,641,465 shares in Oslo-listed Panoro Energy ASA, representing 5.65 percent of the outstanding shares, at a price of NOK 12.82 per share. The share subscription follows a transaction in which ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNOPanoro EnergyDivestment +2

DNO Passes Peshkabir Production Target

Oslo, 30 July 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that a fourth well has been put on production at the Peshkabir field in the Kurdistan region of Iraq pushing total output past the previously published target of 30,000 barrels of oil per day (bopd). The Peshkabir ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNOPeshkabir FieldProduction +2

DNO Reports Payment for Tawke Deliveries

Oslo, 20 July 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 62.33 million as payment for April 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro ...

OilVoice Press - OilVoice


Posted 2 months agoPress > DNONorwayTawke +6

DNO Picks Up Peshkabir Production in Kurdistan

Oslo, 17 July 2018 - DNO ASA, the Norwegian oil and gas operator, today announced a two-thirds increase in production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 25,000 barrels of oil per day (bopd) following completion of the Peshkabir-4 well testing program. ...

OilVoice Press - OilVoice


Posted 2 months agoPress > DNOPeshkabir FieldProduction +5

DNO ASA: Bondholders Meeting Approves Resolution

Oslo, 29 June 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that a meeting of bondholders of the DNO01 bond issue ( ISIN NO 0010740392) approved a resolution to align the covenant structure and terms of the DNO01 bond issue with DNO's USD 400 million five-year senior ...

OilVoice Press - OilVoice


Posted 2 months agoPress > DNODNO ASABondholders +1

DNO Reports Payment for Tawke Deliveries

Oslo, 20 June 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 62.19 million as payment for March 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro ...

OilVoice Press - OilVoice


Posted 3 months agoPress > DNOPaymentTawke +5

DNO ASA: Summons to Bondholders Meeting for DNO01 Bond

5 June 2018 - DNO ASA, the Norwegian oil and gas operator, today instructed the trustee for the DNO01 bond issue (ISIN NO 0010740392) to summon a bondholders meeting to approve an alignment of the covenant structure and terms of the DNO01 bond issue with DNO's USD 400 million five-year senior unse ...

OilVoice Press - OilVoice


Posted 3 months agoPress > DNOBond

DNO Expands and Accelerates Kurdistan Operations While Building Up North Sea Exposure; Reports Robust First Quarter 2018 Results

Oslo, 26 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced expansion and acceleration of operations in the Kurdistan region of Iraq while building up its North Sea exposure. First quarter revenues, the highest in nearly four years, stood at USD 142 million and net profit at ...

OilVoice Press - OilVoice


Posted 4 months agoPress > DNOKurdistanOil +7

DNO Acquires Additional Shares in Faroe Petroleum

5 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it has acquired 8,487,838 shares in Faroe Petroleum plc at a price of GBP 1.25 per share representing 2.32 percent of the outstanding shares in Faroe Petroleum. This follows the separate completion on 4 April 2018 of ...

OilVoice Press - OilVoice


Posted 5 months agoPress > DNOFaroe PetroleumShares +1

DNO - Rule 2.8 Statement: No Intention to Bid Statement

Oslo, 4 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it does not intend to make an offer for Faroe Petroleum plc. This is a statement to which Rule 2.8 of the Takeover Code (the "Code") applies. Under Note 2 of Rule 2.8 of the Code, DNO reserves the right t ...

OilVoice Press - OilVoice


Posted 5 months agoPress > DNONorwayTaekover +3

DNO Announces Acquisition of Minority Shareholding in Faroe Petroleum

Oslo, 4 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it has agreed to acquire 15.37 percent of the share capital of Faroe Petroleum plc from Delek Group Ltd. The acquisition covers all Faroe Petroleum ordinary shares held by Delek, totaling 56,355,825, at a pri ...

OilVoice Press - OilVoice


Posted 5 months agoPress > DNOFaroe PetroleumNorway +4