News for DNO ASA (DTNOY)

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By John Lee. DNO ASA, the Norwegian oil and gas operator, has provided an update on production, sales volumes and other selected information for the quarter. Regarding its operations in Iraqi Kurdistan, the company said:

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'We are on a hot streak in Norway', DNO Executive Chairman Bijan Mossavar-Rahmani said.

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The Sval Energi assets are complementary to DNO's North Sea portfolio and will add scale and diversification to the company, it said.

DNO ASA agreed to buy all the shares of Sval Energi Group AS for $450 million from private equity firm HitecVision, as the oil and gas company expands its operation…

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