DNO Awarded 17 Licenses in Norway as It Keeps Up Pace of Exploration and Development
Norway, Jan. 14 -- DNO ASA, the Norwegian oil and gas operator, announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 17 exploration licenses, of which four are operatorships, under Norway's Awards in Predefined Areas (APA) 2025 licensing round.Of the 17 new licenses, 15 are in the North Sea and two in the Norwegian Sea.Over the last three years, DNO has logged a commercial success rate of over 50percent in its exploration program in Norway with 12 discoveries out of 22 wellsdrilled. DNO has four field developments underway in Norway, and has justlaunched a fast-track project to develop its 2025 Kjottkake discovery targetingfirst oil in early 2028. Three other development projects are slated forapproval t...
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