DNO Reports Payment for Tawke License Deliveries

Separately, a payment of USD 5,712,176 has been received net to DNO, representing three percent of gross October 2019 Tawke license revenues, as provided for under the August 2017 receivables settlement agreement with the Kurdistan Regional Government.  DNO operates and has a 75 percent interest in the Tawke license which contains the Tawke and Peshkabir fields.  --  For further information, please contact:   Media: media@dno.no  Investors: investor.relations@dno.no  Tel: +47 23 23...

Oslo, 01/04/2020 (informazione.news - comunicati stampa - energia)

Separately, a payment of USD 5,712,176 has been received net to DNO, representing three percent of gross October 2019 Tawke license revenues, as provided for under the August 2017 receivables settlement agreement with the Kurdistan Regional Government. 

DNO operates and has a 75 percent interest in the Tawke license which contains the Tawke and Peshkabir fields. 

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For further information, please contact: 

 
Media: media@dno.no 
Investors: investor.relations@dno.no 
Tel: +47 23 23 84 80 

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DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. 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 the Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, Ireland and Yemen. 

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.