Dno ASA (DNO.OL)
20 May 2019
May 8 The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Wednesday:
OSLO Oil company DNO aims to boost production in the North Sea by making more acquisitions in the next 12 months after buying British rival Faroe Petroleum earlier this year, its executive chairman said on Wednesday.
* North Sea output seen to rise to 50,000 boepd by 2021 (Writes through, adds CEO quotes, details)
OSLO, May 8 Norwegian oil and gas firm DNO eyes new acquisitions in the next 12 months after acquiring formerly London-listed Faroe Petroleum earlier this year, DNO's executive chairman told Reuters on Wednesday.
OSLO, May 8 Norwegian oil and gas firm DNO reported on Wednesday a worse-than-expected operating result in the first quarter after acquiring British rival Faroe Petroleum earlier this year to diversify its operations.
OSLO, Feb 27 Oil firm DNO raised its spending plan to $650 million for 2019, to take account of fields it recently acquired through the purchase of London-listed Faroe Petroleum, the Norwegian company's chairman said on Wednesday.
OSLO Oil firm DNO is looking to buy more assets after its recent takeover of London-listed Faroe Petroleum to further expand its North Sea presence.
* DNO chairman "hopes" dividend payments to continue (Recasts with executive chairman interview, updates share price)
OSLO, Feb 7 Norwegian oil firm DNO, which acquired London-based Faroe Petroleum in January, reported on Thursday a much higher-than-expected quarterly operating profit, and said it would lift its spending significantly in 2019.
LONDON Faroe Petroleum's Chief Executive Graham Stewart, Chief Financial Officer Jonathan Cooper and Chief Operating Officer Helge Hammer will resign, Faroe said on Friday after the company was taken over in a hostile bid by DNO .