DNO Expands Norwegian Footprint with 17 New Exploration Licenses in APA 2025 Round

The latest announcement is out from DNO ASA ( (GB:0MHP) ).

DNO’s wholly owned subsidiary DNO Norge AS has secured participation in 17 new exploration licenses, including four as operator, in Norway’s latest Awards in Predefined Areas (APA) licensing round, primarily in the North Sea with additional acreage in the Norwegian Sea. The awards strengthen DNO’s already substantial Norwegian position—where it held 124 licenses and 30 producing fields prior to this round—and build on a strong exploration track record, with a commercial success rate above 50 percent over the last three years and four field developments underway, underscoring the company’s strategy to rapidly convert discoveries such as the fast-tracked Kjøttkake find into production and reinforcing its role as a significant player on the Norwegian continental shelf.

The most recent analyst rating on (GB:0MHP) stock is a Sell with a NOK11.30 price target. To see the full list of analyst forecasts on DNO ASA stock, see the GB:0MHP Stock Forecast page.

More about DNO ASA

DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa, holding stakes in onshore and offshore licenses across the exploration, development and production spectrum in countries including Norway, the United Kingdom, the Kurdistan region of Iraq, Côte d’Ivoire and Yemen. Founded in 1971, it is Norway’s oldest oil company and the first to list on the Oslo Stock Exchange, with a portfolio that includes numerous producing fields and exploration licenses on the Norwegian continental shelf.

Average Trading Volume: 2,442,985

Current Market Cap: NOK15.26B

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