DNO to Acquire 25 Percent Stake in Arran Field for $70MM
The transaction is expected to add around four million barrels of oil equivalent net to DNO, consisting of 90 percent gas.
Source: rigzone.com
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DNO acquires interest in Shell-operated field offshore UK, increasing North Sea production
The transaction is expected to add some 4 MMboe net to DNO, of which 90% gas, with projected net 2024 production of 2,000-2,500 boed. The cash consideration is $70 million plus a contingent consideration of up to $5 million if certain operational targets are met.
Source: worldoil.com
DNO Expands North Sea Portfolio with UK's Arran Field
The Norwegian oil and gas operator DNO has entered into an agreement to acquire a 25% interest in the Arran field on the…
Source: oedigital.com
DNO agrees to acquire 25% stake in UK's Arran field
DNO Exploration UK has agreed to acquire a 25% stake in the Arran field on the UK Continental Shelf for $75m.
Source: offshore-technology.com
DNO Acquires Interest in UK's Arran Field, Expands North Sea Portfolio -February 06, 2024 at 01:36 pm EST
Oslo, 6 February 2024 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned subsidiary DNO Exploration UK Limited has entered into an agreement to acquire...
Source: marketscreener.com