OB:DNOOil and Gas
Why DNO (OB:DNO) Is Up After North Sea Output Surges and Bridge Loan Is Repaid
DNO ASA announced its third quarter 2025 operating results, highlighting a sharp increase in North Sea production and a decline in Kurdistan output, as well as the repayment of a US$300 million bridge loan related to the Sval Energi acquisition.
An interesting shift is the surge in North Sea net entitlement production and sales, which now significantly outpace Kurdistan figures, reflecting the impact of recent acquisitions and changes in operational focus.
We'll examine how the substantial...