Detail akcie DN Oljeselskap online

Business Summary: DNO ASA is a Norway-based oil and gas exploration and production company. It is engaged in the acquisition, develop-ment and operation of oil and gas properties. Its activities are primarily undertaken in the Middle East and the North Afri-can (MENA) region. It holds stakes in oil and gas blocks in various stages of exploration, development and production both onshore and offshore in the Kurdistan region of Iraq, the Republic of Yemen, the Sultanate of Oman, the United Arab Emirates, the Tunisian Republic and Somaliland. The Company operates through its head office in Oslo, and a network of offices throughout the MENA region. Its subsidiaries include DNO Yemen AS, DNO UK Ltd, DNO Invest AS, DNO Tunisia AS, DNO Iraq AS, and DNO Mena AS.
Financial Summary: BRIEF: For the three months ended 31 March 2024, DNO ASA revenues decreased 32% to $182.7M. Net income decreased 81% to $16.8M. Revenues reflect Oil Equivalent Production (Barrels/Day) decrease of 19% to 76K barrels per day. Net income also reflects Exploration and Develop Costs,North Sea increase of 24% to $8.2M, Financial income decrease of 28% to $14.7M (income), Share of profit/-loss from Joint Venture increase from $2.1M (income) to $400K (expense).