DNO International ASA
OSL:DNO ISIN:NO0003921009
News
DNO International ASA (OSL:DNO) On 6 October, 2008, DNO extended an American call option contract on 20.000.000 DNO shares with a strike price of NOK 2,00 per share. The new expiry date is 10 November, 2008 and the option premium paid is NOK 0,5377.
DNO International ASA (OSL:DNO) DNO is pleased to report August 2008 production figures and a summary of ongoing drilling activities.
DNO International ASA (OSL:DNO) The Tawke PSC contract area has now been extended to include an area to the west of The Tawke Field including the West Dohuk Structure, increasing DNO's working interest in this structure by 15 % to 55 %. In return for this extension of the Tawke PSC contract area DNO will pre-relinquish most of the Dohuk area, except for the Summail Prospect and the Summail Extension area in the southern part of the current Dohuk contract area. In addition all Petroleum Costs incurred within the Dohuk area to date will be recovered from the Tawke production. This is currently estimated to be in the range of USD 40 million.
DNO International ASA (OSL:DNO) On 1 September, 2008, DNO International ASA exercised a call option to purchase 40.000.000 DNO shares at a price of NOK 3,25 per share.
DNO International ASA (OSL:DNO) Oslo, 20 August, 2008: DNO International ASA (OSE:DNO) today announced its interim results for the second quarter and first six months of 2008. DNO reported strong growth in production and sales during the quarter. The WI production increased by 70 % to 20 151 bopd (11 855 bopd) and the sales increased by 30 % to NOK 412.5 million (NOK 316.6 million) in the second quarter. After exploration costs expensed of NOK 85.9 million in the second quarter (NOK 10.4 million) the netback was NOK 185.4 million (NOK 214.5 million) and the net profit before discontinued operations was NOK 13.6 million (NOK 62.3 million).
DNO International ASA (OSL:DNO) DNO is pleased to report the production figures for July and year to date.
DNO International ASA (OSL:DNO) DNO International ASA will release its interim results for the second quarter of 2008 to the Oslo Stock Exchange on Wednesday August 20, 2008.
DNO International ASA DNO is pleased to report second quarter 2008 production figures and a summary of ongoing drilling activities.
DNO International ASA Tore Lillo-Olsen, Head of Exploration of DNO International ASA, acquired 3.000 shares in DNO International ASA on July 8, 2008 at a price of NOK 9,00 per share.
DNO International ASA Tore Lillo-Olsen, Head of Exploration of DNO International ASA, acquired 3.000 shares in DNO International ASA on July 8, 2008 at a price of NOK 9,00 per share.
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