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Successful appraisal of the Krafla discovery
Det norske oljeselskap ASA, partner in PL035/272, announces that drilling of appraisal well 30/11-10 A on the Krafla discovery is about to be completed. Following this well, the updated resource estimate for Krafla Main is 50 to 82 million barrels of…
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Change in functional currency to USD and Q4 2014 impairment
Following the acquisition of Marathon Oil Norge AS, Det norske oljeselskap ASA’s («DETNOR») functional currency is assessed to be U.S. Dollars (USD).
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INVITATION TO AKER COMPANIES INVESTOR DAY
Det norske oljeselskap ASA, along with Aker, Aker Solutions, Akastor, Kvaerner, Ocean Yield and Havfisk is pleased to invite investors, analysts and media to take part in a joint investor day in London 17 March 2015.
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Correction: Start-up of production from the Bøyla field
(The previous release contained an error regarding added reserves. Below is the corrected version.) Det norske oljeselskap ASA (Det norske) and partners of the PL 340 license announce start-up of production from the Bøyla field. With that, Bøyla…
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Start-up of production from the Bøyla field
Det norske oljeselskap ASA (Det norske) and partners of the PL 340 license announce start-up of production from the Bøyla field. With that, Bøyla is the fourth field in production in the Alvheim area, adding 15 million barrels of oil equivalents to…
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RBL redetermination update
Det norske oljeselskap ASA («DETNOR») at the end of 2014 completed a semi-annual redetermination process with its bank consortium under the company’s USD 3.0 billion reserve-based lending («RBL») facility. At closing of…
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Oil discovery at Krafla North
Exploration drilling on the Krafla North prospect in PL 035 is about to be completed. Det norske is partner with 25 percent working interest. Exploration well 30/11-10 encountered an 80 meter oil column in the Tarbert formation and a 20 meter oil…
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Third quarter 2014 results
On October 15, 2014, Det norske oljeselskap ASA finalised the acquisition of Marathon Oil Norge AS, and is now among the largest listed independent European E&P companies.
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Successful appraisal of the Garantiana discovery
Det norske oljeselskap ASA, as partner in PL554, announces that drilling and testing of appraisal well 34/6-3 S on the “Garantiana” discovery and the wildcat sidetrack well 34/6-3 A have been completed. The updated resource range in PL 554 is…
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