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DNO ASA ( (GB:0MHP) ) just unveiled an announcement.
DNO ASA reported a decrease in production in Kurdistan and the North Sea for Q2 2025 compared to previous quarters, but saw an increase in net entitlement production and sales in the North Sea. The company completed the acquisition of Sval Energi Group AS, which contributed to production figures from June 1. Financially, DNO paid a significant dividend, redeemed bonds, and secured new financing through hybrid bonds and a bank loan. The company also announced a discovery in the Vidsyn exploration well in the North Sea.
More about DNO ASA
DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea, and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the company holds stakes in onshore and offshore licenses at various stages of exploration, development, and production in regions such as Kurdistan, Norway, the United Kingdom, Côte d’Ivoire, Netherlands, and Yemen.
Average Trading Volume: 2,518,064
Current Market Cap: NOK13.71B
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