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Oil and gas discovery at Gina Krog East 3
Det norske oljeselskap ASA, partner in the Gina Krog Unit in the North Sea, announces that drilling of exploration well 15/6-13 with two sidetracks, 15/6-13 A and 15/6-13 B exploring the East 3 segment is about to be completed. The wells encountered…
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Successful placement of new subordinated bond
Reference is made to the announcement on 6 May 2015 regarding a contemplated subordinated bond issue. Det norske oljeselskap ASA has successfully completed a new issue of USD 300 million subordinated 7 year PIK Toggle bonds with a fixed rate coupon…
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First quarter results 2015
Det norske oljeselskap ASA (DETNOR) reported consolidated revenues of USD 324 (26) million in the first quarter of 2015. Production in the period was 64.9 (2.9) thousand barrels of oil equivalent per day. Additional debt capacity of USD 800 million…
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Contemplating new subordinated bond issue
Det norske oljeselskap ASA has mandated DNB Markets, Nordea Markets, Pareto Securities, SEB and Swedbank Norway to arrange a USD 300 million subordinated bond issue. Investor meetings are scheduled from 6 May and into the following week.
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Invitation – Presentation of Financial Results for Q1 2015
Det norske oljeselskap ASA will present its financial results for the first quarter 2015 on Wednesday 6 May 2015. The presentation will take place at Felix konferansesenter in Oslo at 08:30 a.m. (CET). Please submit your registration to…
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DETNOR02: One-off Put Option Expired
Det norske oljeselskap ASA (“Det norske” or “the company”) has obtained the results from the One-off Put Option in its DETNOR02 bond loan.
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First quarter 2015 production
Det norske oljeselskap ASA («DETNOR») produced 64.9 thousand barrels of oil equivalents per day («mboepd») in the first quarter 2015. Production per field for Q1 2015 (previous quarter in brackets): Alvheim (incl. Boa), 65 %…
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Minutes from Annual General Meeting in Det norske oljeselskap ASA
Attached is the minutes from the Annual General Meeting held in Trondheim today 13 April 2015.
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Gas discovery at Skirne East
Det norske oljeselskap ASA, partner in PL627, announces that drilling of exploration well 25/6-5 S on the Skirne East prospect in the North Sea is about to be completed. The well encountered a 10-metre gross gas column in the Middle Jurassic (Hugin…
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