DNO ASA (GB:0MHP) has released an update.
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DNO ASA has entered into a swap agreement with OKEA ASA, trading a 10% stake in the Mistral prospect for a 10% stake in the Horatio prospect. Drilling in these prospects is set to begin soon, with promising potential for oil discovery. The transaction is pending government approval and involves no financial exchange.
For further insights into GB:0MHP stock, check out TipRanks’ Stock Analysis page.