April 4 (Reuters) - Dno Asa:
* DNO ASA, NORWEGIAN OIL AND GAS OPERATOR, TODAY ANNOUNCED THAT IT HAS AGREED TO ACQUIRE 15.37 PERCENT OF SHARE CAPITAL OF FAROE PETROLEUM PLC FROM DELEK GROUP LTD
* ACQUISITION COVERS ALL FAROE PETROLEUM ORDINARY SHARES HELD BY DELEK, TOTALING 56,355,825, AT A PRICE OF GBP 1.25 PER SHARE
* DNO HAS DECIDED TO BUILD A LONG TERM STRATEGIC SHAREHOLDING IN FAROE PETROLEUM AND TO SUPPORT FAROE PETROLEUM MANAGEMENT’S GROWTH FOCUSED NORTH SEA STRATEGY
* LAMBERT ENERGY ADVISORY LTD AND PARETO SECURITIES HAVE ACTED AS ADVISORS TO DNO IN CONNECTION WITH ACQUISITION Source text for Eikon: Further company coverage: (Reporting By Joachim Dagenborg)