Dno

TekBot · november 12, 2019, 2:26pm

DNO ASA: FAPE01 bond buyback

Oslo, 12 November 2019 - DNO ASA, the Norwegian oil and gas operator, today
purchased USD 2.6 million in nominal value of FAPE01 bonds (ISIN NO0010811268)
originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The
…

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bonds were purchased at a price of 107.25. Following the bond buyback, USD 23.6
million in nominal value of the FAPE01 bonds remain outstanding with DNO ASA
holding the balance of USD 62.2 million. The FAPE01 bonds mature on 28 April
2023.

–

For further information, please contact:

Media: media@dno.no
Investors: investor.relations@dno.no

–

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the
North Sea. 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 the Kurdistan region of Iraq, Norway, the United
Kingdom, Netherlands, Ireland and Yemen.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · november 15, 2019, 7:00am

DNO Updates Baeshiqa Testing

Oslo, 15 November 2019 - DNO ASA, the Norwegian oil and gas operator, today
announced issuance of a notice of discovery to the Kurdistan Regional Government
of Iraq on the Baeshiqa-2 exploration well, in accordance with the requirements
…

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of the Production Sharing Contract, after flowing hydrocarbons to surface from
the upper part of Triassic Kurra Chine B reservoir.

Following acid stimulation, the zone flowed variable rates of light oil and sour
gas. Further testing of this and other Jurassic and Triassic zones is ongoing
and will determine the next steps towards appraisal and assessment of
commerciality.

The Baeshiqa-2 well was spud in February 2019 and drilled to a total depth of
3,204 meters (2,549 meters TVDSS).

DNO acquired a 32 percent interest and operatorship of the Baeshiqa license in
2017. Partners include ExxonMobil with 32 percent, Turkish Energy Company with
16 percent and the Kurdistan Regional Government with 20 percent.

–

For further information, please contact:
Media: media@dno.no
Investors: investor.relations@dno.no
Tel: +47 23 23 84 80

–

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the
North Sea. 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 the Kurdistan region of Iraq, Norway, the United
Kingdom, Netherlands, Ireland and Yemen.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Kilde

Kalle · november 15, 2019, 7:32am

Endelig, satser på kursen endelig skyter oppover

Må snart få solgt og kommet meg over i funcom igjen før Dune oppgangen

fuzzy · november 15, 2019, 8:08am

Det blir ikke små tall når vi får første estimat om antall fat herfra

TekBot · november 15, 2019, 3:41pm

DNO Increases North Sea Financing Facilities

Oslo, 15 November 2019 - DNO ASA, the Norwegian oil and gas operator, today
announced that its wholly owned subsidiary, DNO North Sea plc, formerly Faroe
Petroleum plc, has increased and extended its reserve based lending (RBL)
…

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facility and its exploration financing facility (EFF).

As amended, the RBL facility limit has been increased from USD 245 million to
USD 350 million. Furthermore, an additional tranche of USD 350 million will be
available on an uncommitted accordion basis and the final maturity date has been
extended to November 2026. The RBL facility covers DNO’s Norwegian and UK assets
and is available for both debt financing and issuance of letters of credit.

Similarly, the EFF facility limit has been increased from NOK 700 million to NOK
1,000 million and an additional tranche of NOK 500 million is available on an
uncommitted accordion basis. The final maturity date for the EFF facility will
be yearend 2023. The EFF facility, based on the Norwegian exploration cost
refund system, will cover a major part of DNO’s exploration and appraisal
expenditures in Norway.

“DNO’s return to the North Sea has expanded our access to attractively-priced
bank financing and lowered our overall weighted cost of capital,” said DNO’s
Executive Chairman Bijan Mossavar-Rahmani, adding that “the Company now has more
firepower to support its growth strategy.”

Danske Bank and ING Bank acted as coordinators for the RBL and EFF facilities.
Both facilities also involve BMO Capital Markets, Royal Bank of Scotland, SEB,
SpareBank 1 Sr-Bank and Wells Fargo.

–

For further information, please contact:
Media: media@dno.no
(https://www.globenewswire.com/Tracker?data=NHs2VELVWx8PgLNjefzktDekUDBVtjzjkcjb
PwaILGrFlmUefr9aFAWkm-YfKqaOw4H8QGCjDLKInlVHPXwkHA==)
Investors: investor.relations@dno.no
(https://www.globenewswire.com/Tracker?data=p1GutKkDAqEIQN_h1ZQVUSWHskInVUTFMJQs
a8_-hKZLlwZzbt3YM1Z3QxUPNKiS6ljQuvPXl21kp198U-
8x_efDqAUUrHJq33BkYeZ2fH6TzOnUgRKtW2ARQZZEZoUV)
Tel: +47 93 25 63 41

–

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the
North Sea. 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 the Kurdistan region of Iraq, Norway, the United
Kingdom, Netherlands, Ireland and Yemen.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Kilde

ezPappi · november 17, 2019, 12:54pm

DNO følger Brent omtrent slavisk. Nå er Brent i stigende trend og på vei opp. I tillegg kom det melding om nytt funn og sikring av finansiering. Tipper godt over 12 til uken. Håper på 14.

Shadmar · november 26, 2019, 6:16pm

Olja opp, DNO ned., Whats going on?

Sjakk · november 26, 2019, 6:19pm

Godt langsiktig kjøp? men du må tåle å bli ristet godt i før veien opp starter. T50 har akkumulert heftig siste ukene. samtidig med at kursen har gått ned og olja opp. Godt gjort. kort sagt masse frykt for hvor langt ned den går.

Shadmar · november 26, 2019, 6:24pm

11,42 i snitt, må kanskje ha en runde til når den tegner bunnen. Ser ut som det litt støtte på 9,9-10

Sjakk · november 26, 2019, 6:30pm

gjorde et dårlig valg på 12. solgt på sl. venter nå på livstegn

Kalle · november 26, 2019, 9:24pm

Jeg kastet kortene avventer inngang igjen. Shorterer og naked short herjer aksjen, men snart snur det. Tror ikke vi ser 8-tallet denne gang

TekBot · november 27, 2019, 8:39am

DNO ASA: FAPE01 bond buyback

Oslo, 27 November 2019 - DNO ASA, the Norwegian oil and gas operator, today
purchased USD 2.0 million in nominal value of FAPE01 bonds (ISIN NO0010811268)
originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The
…

Vis børsmeldingen

bonds were purchased at a price of 107.375. Following the bond buyback, USD
21.6 million in nominal value of the FAPE01 bonds remain outstanding with DNO
ASA holding the balance of USD 64.2 million. The FAPE01 bonds mature on 28 April
2023.

–

For further information, please contact:

Media: media@dno.no
Investors: investor.relations@dno.no

–

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the
North Sea. 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 the Kurdistan region of Iraq, Norway, the United
Kingdom, Netherlands, Ireland and Yemen.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Kilde

Hod · november 28, 2019, 9:05am

DNB har kursmål på 18kr, oljen er noenlunde lik som i september. PE er latterlig lav, utbytte på 40øre i 2019. Er det bekymring for at Trump skal trekke støtten til Kurdistan som utgjør forskjellen eller hva holder DNO nede?

Sjokk · november 28, 2019, 1:17pm

Enig med deg, dette er vel en av de billigste aksjene nå. Kursmål for denne aksjen er vel litt relativt etter hvem som analyserer. Anbefaler denne podcasten fra Pareto , her operer de med 22 og har sett andre som ligger ennå høyere.

Shadmar · november 29, 2019, 7:40pm

Å herregud, det er jo verdens største HS… Håper den får en sprint opp så, jeg kan komme meg ut

TekBot · desember 2, 2019, 10:43am

Financial calendar

Flust · desember 2, 2019, 12:47pm

Det skal skje svært mye vondt før DNO er et dårlig kjøp på 10 kr.

Shadmar · desember 4, 2019, 1:12pm

Pareto har target 21 kr og tok den inn i modellporteføljen sin 1.12

DNO – BUY, TP NOK 21 (upside to target: 100%)
With a track-record of more then three years with regular export payments, a monthly budget surplus and improved relations
with Baghdad, exposure to Kurdistan looks increasingly favorable given the regions vast oil resources and very low production
costs. Still, the largest producer DNO trades at the low-end of its historical pricing range. Buying DNO at P/NAV 0.5x (Brent USD
65/bbl LT) with a FCF yield of >20% has been a highly profitable strategy in recent years and we think this time is no different.

Hod · desember 12, 2019, 9:50am

GENEL:KRG VIL BETALE FOR OLJEPRODUKSJON I AUG OG SEP I JAN 2020

Oslo (TDN Direkt): Genel Energy har blitt informert av naturressursdepartementet til selvstyremyndighetene i kurdistanregionen i Irak (KRG) at betalinger for oljeproduksjonen i august og september, som forfalt i november og desember, vil bli betalt i januar 2020.

Det melder selskapet torsdag.

TDN Direkt finans@tdn.no

TDN Direkt, +47 21 95 60 70

Shadmar · desember 16, 2019, 11:48am

DNO bryter muligens nedtrenden i dag