DNO ASA (DTNOF)
- GlobeNewswire
DNO Reports Strong First Quarter Results, Steps Up North Sea Activity
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 (boepd) in the first three months of 2024, to which the Kurdistan region of Iraq
- GlobeNewswire
Key Information Relating to Cash Dividend
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 shareDeclared currency: NOKLast day including right: 15 May 2024Ex-date: 16 Ma
- GlobeNewswire
DNO Acquires Portfolio of Producing Assets Boosting Position in Norne Area Offshore Norway
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 Norne area, including the Norne hub. The transaction includes an interest in
