Dno ASA (DNO.OL)
19 Jul 2019
May 8 The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Wednesday:
OSLO Oil company DNO aims to boost production in the North Sea by making more acquisitions in the next 12 months after buying British rival Faroe Petroleum earlier this year, its executive chairman said on Wednesday.
* North Sea output seen to rise to 50,000 boepd by 2021 (Writes through, adds CEO quotes, details)
OSLO Norwegian oil and gas firm DNO eyes new acquisitions in the next 12 months after acquiring formerly London-listed Faroe Petroleum earlier this year, DNO's executive chairman told Reuters on Wednesday.
* DNO chairman "hopes" dividend payments to continue (Recasts with executive chairman interview, updates share price)
OSLO, Feb 7 Norwegian oil firm DNO, which acquired London-based Faroe Petroleum in January, reported on Thursday a much higher-than-expected quarterly operating profit, and said it would lift its spending significantly in 2019.