DNO ASA Reports Strong Q1 2025 Performance and Strategic Growth Initiatives

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

DNO ASA announced its Q1 2025 production and sales volumes, highlighting increased production in Kurdistan and the North Sea. The company completed significant financial transactions, including a USD 600 million bond placement and a transformative acquisition of Sval Energi Group AS, expected to finalize mid-year 2025. These developments, along with successful exploration activities in the North Sea, position DNO for strategic growth and enhanced market presence.

More about DNO ASA

DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea, and West Africa. 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 regions including the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands, and Yemen.

YTD Price Performance: 15.68%

Average Trading Volume: 176,015

Technical Sentiment Signal: Sell

Current Market Cap: NOK11.46B

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