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DNO ASA Expands Offshore Portfolio with New Norwegian Licenses
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DNO ASA Expands Offshore Portfolio with New Norwegian Licenses

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An update from DNO ASA ( (GB:0MHP) ) is now available.

DNO ASA announced that its subsidiary DNO Norge AS has secured interests in 13 exploration licenses, with operatorships in four, as part of Norway’s APA 2024 licensing round. These new licenses, predominantly located in the North Sea and Norwegian Sea, expand DNO’s offshore interests in Norway, enhancing its strategic positioning and potential exploration outcomes.

More about DNO ASA

DNO ASA is a Norwegian oil and gas operator founded in 1971 and listed on the Oslo Stock Exchange. The company is active in the Middle East, the North Sea, and West Africa, holding stakes in onshore and offshore licenses at various stages of exploration, development, and production across several countries, including Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands, and Yemen.

YTD Price Performance: 14.54%

Average Trading Volume: 296,673

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: NOK11.46B

See more data about 0MHP stock on TipRanks’ Stock Analysis page.

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