DNO Farms Into Mistral Exploration Well Through Horatio Swap [Yahoo! Finance]
DNO ASA UNSP/ADR (DTNOY)
NASDAQ:AMEX Investor Relations:
dno.no/en/investor-relations
Company Research
Source: Yahoo! Finance
Oslo, 19 December 2024 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company's wholly-owned subsidiary DNO Norge AS has entered into a swap agreement with OKEA ASA to farm into a 10 percent interest in PL1119 containing the Mistral prospect. In exchange, OKEA will pick up a 10 percent interest in PL1109 containing the Horatio prospect. The Mistral prospect is located just south of the Åsgard area in the Norwegian Sea. Drilling is expected to commence shortly using the semi-submersible rig Deepsea Atlantic, targeting estimated predrill volumes of 19-57 million barrels of oil equivalent with a medium chance of success. Total drilling time is estimated at 60 days in case of a discovery. Other Mistral partners include Equinor Energy AS (50 percent and operator), Pandion Energy AS (20 percent) and OKEA (20 percent after the transaction). DNO will retain a 20 percent interest in PL1109 following OKEA's entry. In this license, the Horatio well is scheduled for
Show less
Read more
Impact Snapshot
Event Time:
DTNOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DTNOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DTNOY alerts
High impacting DNO ASA UNSP/ADR news events
Weekly update
A roundup of the hottest topics