DNO


All posts for DNO

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: Going into the fourth quarter, Peshkabir field production has ramped up to over 50,000 bopd from six wells less than 18 months after commencemen ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Genel EnergyTawke PSCTawke +3

DNO Reports Robust Third Quarter 2018 Results

DNO ASA, the Norwegian oil and gas operator, today announced a rise in third quarter 2018 net profit to USD 63 million from operating revenue of USD 171 million on the back of solid production, regular export payments and higher oil prices. Operated production averaged 117,600 barrels of oil eq ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNODNO ASAEarning +2

DNO Operations Update: Peshkabir Production Pushes 50,000 bopd

Oslo, 9 October 2018 - DNO ASA, the Norwegian oil and gas operator, today announced production at the Peshkabir field in the Kurdistan region of Iraq has ramped up to 50,000 barrels of oil per day (bopd), meeting the end-2018 target ahead of schedule and below budget. One of two recently comple ...

OilVoice Press - OilVoice


Posted 2 months agoPress > DNOPeshkabir FieldPeshkabir +5

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 3 months 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 3 months 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 3 months 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 3 months 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 4 months 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 4 months 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 4 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 4 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 5 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 5 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 5 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 7 months agoPress > DNOKurdistanOil +7