DNO


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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 25 days 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 1 month 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 1 month 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 1 month agoPress > DNOFaroe PetroleumNorway +4

DNO Ramping Up Kurdistan Investments; Reports Strong 2017 Results

DNO ASA, the Norwegian oil and gas operator, has announced a 50 percent hike in 2018 spending in the Kurdistan region of Iraq to USD 250 million net to the Company on the back of higher revenues and regular export payments. Annual 2017 revenues stood at USD 347 million, up 72 percent from 2016, bo ...

OilVoice Press - OilVoice


Posted 3 months agoPress > NorwayDNOKurdistan +3

DNO Reports Payment for Tawke Deliveries

Oslo, 22 January 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 53.71 million from the Kurdistan Regional Government as payment for October 2017 crude oil deliveries to the export market from the Tawke license. The funds will be shared by DNO and partner Genel E ...

OilVoice Press - OilVoice


Posted 4 months agoPress > DNONorwayKurdistan Regional Government +4

DNO Receives 10 Awards in Norway's APA Licensing Round

DNO ASA, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses under Norway's Awards in Predefined Areas (APA) 2017 licensing round. Of the 10 licenses, seven are in the North Sea, one in the Nor ...

OilVoice Press - OilVoice


Posted 4 months agoPress > DNODNO NorgeNorway +5

DNO Steps Up Production from Peshkabir Field in Kurdistan

Oslo, 11 December 2017 - DNO ASA, the Norwegian oil and gas operator, today announced a tripling of production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 barrels of oil per day (bopd) following completion of the Peshkabir-3 well testing, stimulation and ...

OilVoice Press - OilVoice


Posted 5 months agoPress > DNONorwayKurdistan +3

DNO Reports Payment for Tawke Deliveries

Oslo, 10 November 2017 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 46.53 million from the Kurdistan Regional Government as payment for August 2017 crude oil deliveries to the export market from the Tawke license. The funds will be shared by DNO and partner Genel ...

OilVoice Press - OilVoice


Posted 6 months agoPress > OsloNorwayDNO +4

DNO Flows Peshkabir-3 Well, Reports Strong Third Quarter Results

Oslo, 9 November 2017 - DNO ASA, the Norwegian oil and gas operator, today announced flow rates of more than 3,000 barrels of oil per day (bopd) from the first zone tested in the Peshkabir-3 well in the Kurdistan region of Iraq. Nine other oil zones and one gas zone have been identified for testin ...

OilVoice Press - OilVoice


Posted 6 months agoPress > DNONorwayWell Update +4

DNO Reports First Payment Under Kurdistan Receivables Settlement

DNO ASA, the Norwegian oil and gas operator, today reported the first payment from the Kurdistan Regional Government under the recently concluded agreement covering outstanding receivables for past crude oil deliveries. Under the agreement effective 1 August 2017, the Company was assigned the Gove ...

OilVoice Press - OilVoice


Posted 7 months agoPress > DNONorwayKurdistan +1

DNO Makes Cretaceous Oil Discovery at Peshkabir

DNO ASA, the Norwegian oil and gas operator, today announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank of the Peshkabir field.   The well flowed at a stable rate of 3,800 barrels of 28 ° API ...

OilVoice Press - OilVoice


Posted 1 year agoPress > DNOPeshkabir-2