DNO ASA (GB:0MHP) has released an update.
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DNO ASA, a Norwegian oil and gas operator, has announced a significant increase in its Kurdistan gross operated production in Q3 2024 compared to the previous year, while its North Sea operations saw a reduction in net entitlement production. The company also reported the completion of an acquisition in the Norne area of the Norwegian Sea and the sale of its Tawke license crude oil to local buyers, amid ongoing exploration activities. Additionally, DNO increased its quarterly dividend by 25 percent and continued testing of the Baeshiqa license well in Kurdistan.
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