DNO ASA (GB:0MHP) has released an update.
DNO ASA, a Norwegian oil and gas operator, has released a production and sales update ahead of its Q2 2024 financial results scheduled for 15 August. The company reported increased production in Kurdistan, completed a private placement of USD 400 million in senior unsecured bonds, and made a new oil discovery in the Norwegian North Sea. Additionally, DNO finalized the acquisition of a 25 percent interest in the UK’s Arran field and expects to complete another acquisition in the Norwegian Sea in Q3 2024.
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