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DNO ASA (DNO.OL)

DNO.OL on Oslo Stock Exchange

18.28NOK
15 Feb 2019
Change (% chg)

kr0.32 (+1.78%)
Prev Close
kr17.96
Open
kr17.90
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kr18.28
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kr17.83
Volume
6,285,600
Avg. Vol
6,800,273
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kr19.85
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kr9.26

Latest Key Developments (Source: Significant Developments)

DNO chairman hopes to maintain dividend program
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - DNO ASA ::DNO CHAIRMAN SAYS "WE ARE IN THE MARKET ACTIVELY LOOKING FOR OPPORTUNITIES NOT ONLY TO GROW ORGANICALLY, BUT ALSO BY BOLT-ON ACQUISITIONS".DNO CHAIRMAN EXPECTS TO REVISE PESHKABIR RESERVES UP FROM PREVIOUS CONSERVATIVE ESTIMATES.DNO CHAIRMAN SAYS "MY HOPE IS THAT WE WILL CONTINUE DIVIDEND PROGRAM", DECLINES TO COMMENT ON POTENTIAL SIZE.  Full Article

Genel Energy Tawke License Production Averaged 113,041 Bopd During 2018
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Genel Energy PLC ::REG-GENEL ENERGY PLC GENEL ENERGY PLC: UPDATE ON TAWKE PSC.GENEL ENERGY PLC - GROSS PRODUCTION FROM TAWKE LICENSE, CONTAINING TAWKE AND PESHKABIR FIELDS, AVERAGED 113,041 BOPD DURING 2018.GENEL ENERGY PLC - PESHKABIR PRODUCTION FROM SIX WELLS AVERAGED 54,000 BOPD IN JANUARY 2019.GENEL ENERGY PLC - IN JANUARY 2019 TAWKE PRODUCTION AVERAGED 74,000 BOPD.  Full Article

Dno ASA Says Board Approved Dividend Payment Of Nok 0.20 Per Share To Be Made On Or About 27 March 2019 To All Shareholders Of Record As Of 18 March 2019
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - DNO ASA ::DNO ASA - BOARD APPROVED DIVIDEND PAYMENT OF NOK 0.20 PER SHARE TO BE MADE ON OR ABOUT 27 MARCH 2019 TO ALL SHAREHOLDERS OF RECORD AS OF 18 MARCH 2019.  Full Article

DNO ASA Raises Stake To 89.90 Pct From 77.20 Pct In Faroe Petroleum - Filing
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - DNO ASA ::DNO ASA RAISES STAKE TO 89.90 PERCENT FROM 77.20 PERCENT IN FAROE PETROLEUM - FILING.  Full Article

DNO on lookout for further transactions after Faroe takeover-Exec. Chairman
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Faroe Petroleum PLC ::DNO EXECUTIVE CHAIRMAN SAYS LOOKING AT EXPLORATION, PRODUCTION, DEVELOPMENT PROJECTS IN NORTH SEA, TO PURSUE MORE TRANSACTIONS AFTER FAROE TAKEOVER.DNO EXECUTIVE CHAIRMAN SAYS FIRST WELL TEST RESULTS AT BAESHIQA LICENCE EXPECTED IN COMING WEEKS.  Full Article

DNO Says It Owns Or Has Acceptances For 72.80 Pct Of Faroe
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - DNO ASA ::DNO ASA - PLC - DNO OWNS OR HAS ACCEPTANCES FOR 72.80% OF FAROE.DNO ASA FAROE PETROLEUM PLC - DNO OWNS OR HAS ACCEPTANCES FOR 72.80% OF FAROE.DNO ASA - ACQUIRED FURTHER 75.9 MILLION FAROE SHARES, REPRESENTING ABOUT 20.36 PERCENT OF ORDINARY SHARE CAPITAL OF FAROE.DNO ASA - DNO'S FINAL CASH OFFER FOR FAROE IS EXPECTED TO BECOME UNCONDITIONAL IN ALL RESPECTS ON 11 JANUARY 2019.  Full Article

Cavendish Asset Management Says Divested Their Entire Discretionary Holdings In Faroe
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Cavendish Asset Management::DIVESTED OF ENTIRE DISCRETIONARY HOLDINGS IN FAROE.IN RESPONSE TO INCREASED AND FINAL OFFER BY DNO FOR FAROE, REMAIN OF VIEW THAT IT IS WELL BELOW OUR EXPECTATIONS.  Full Article

DNO ASA Says It Owns Or Has Acceptances For 52.44 Pct Of Faroe Petroleum
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - DNO ASA ::DNO OWNS OR HAS ACCEPTANCES FOR 52.44% OF FAROE.ACQUIRED A FURTHER 32.3 MILLION FAROE SHARES, REPRESENTING ABOUT 8.65 PERCENT OF ORDINARY SHARE CAPITAL OF FAROE PETROLEUM PLC.UPON SETTLEMENT FINAL CASH OFFER FOR ISSUED,TO BE ISSUED SHARE CAPITAL OF FAROE NOT ALREADY OWNED AT 160 PENCE/SHARE TO BECOME UNCONDITIONAL.  Full Article

DNO ASA Issues Statement On Reserves Downgrade At Faroe's Oda Field
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - DNO ASA ::DNO STATEMENT ON RESERVES DOWNGRADE AT FAROE'S ODA.NOTES REFERENCE ON MONDAY BY NORWEGIAN PETROLEUM DIRECTORATE TO 30 PERCENT RESERVES DOWNGRADE AT FAROE'S ODA FIELD.SAYS "UNDISCLOSED RESERVES DOWNGRADE AT ODA RAISES CONCERNS OVER FAROE'S FUTURE EXPECTED PRODUCTION PROFILES".  Full Article

DNO ASA Issues Response To Announcements By Faroe Petroleum
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - DNO ASA ::DNO ASA FAROE PETROLEUM PLC - DNO RESPONSE TO ANNOUNCEMENTS BY FAROE PETROLEUM.NOTES THAT FAROE ANNOUNCED TODAY THAT ANOTHER EXPLORATION WELL, BRASSE EAST, HAS BEEN COMPLETED AS A DRY HOLE.FAROES'S VALUATION REPORT ASSESSES AN HISTORIC VIEW OF COMPANY USING AN INFLATED COMMODITY PRICE.  Full Article

Deals of the day-Mergers and acquisitions

Feb 7 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday: