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USD 1 billion revolving credit facility completed
Det norske oljeselskap ASA has entered into a USD 1 billion revolving credit facility with a group of Nordic and international banks. The facility contains an uncommitted accordion option which, if fully utilised, would increase the facility from USD…
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Dry well on Augunshaug
Det norske oljeselskap ASA is about to complete the drilling operations in wildcat well 2/1-15, on the Augunshaug Prospect. Augunshaug is located in the North Sea, east of the Gyda Field. The well encountered sand of Jurassic age, but without…
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Det norske passes milestones
Det norske oljeselskap ASA reached several milestones in the second quarter. The company finalised the Jette development project and the oil production commenced on 19 May. In addition, Ivar Aasen was unanimously approved by the Storting, the…
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Exploration well 16/2-18S on Cliffhanger North completed
Det norske oljeselskap ASA (Det norske) has, as a 20 per cent partner in PL 265, made a small oil discovery in exploration well 16/2-18S, drilled on the Cliffhanger North prospect west of the main bounding fault for the Johan Sverdrup discovery.
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Update on Norvarg appraisal well
Det norske oljeselskap ASA, as partner in PL 535, announces that Total E&P Norge AS as operator of PL 535 is in the process of concluding the drilling of appraisal well 7225/3-2 on the Norvarg gas discovery made in 2011. The appraisal well was…
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Update on the Cliffhanger North prospect in PL 265
Det norske oljeselskap ASA has, as partner in PL 265 (20 percent), explored a potential on the basement high to the west of the main fault and to the west of the Johan Sverdrup field. Exploration well 16/2-18 S did not find sandstone reservoir from…
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Invitation – Presentation of Financial Results for Q2 2013
Det norske oljeselskap ASA ("DETNOR") will present its financial results for the second quarter 2013 on Wednesday, August 14, 2013. The venue is Hotel Continental in Oslo (Stortingsgaten 24/26) at 08:15 a.m. (CET).
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Update on Norvarg appraisal well
Det norske announces that the appraisal well (7225/3-2) being drilled on the Norvarg discovery, located in PL535 in the Norwegian sector of the Barents Sea, has confirmed the presence of hydrocarbons in the Kobbe formation based on the results of…
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Successful placement of NOK 1.9 billion bond issue
Reference is made to the announcement made Wednesday June 19 2013 regarding a contemplated offering of a senior unsecured bond. The Company is pleased to announce that the bond offering has been successfully completed, with a…
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