DNO med rekord i resultater og reserver

Slettet bruker
DNO 11.02.2019 kl 07:20 98402

Med resultatrapporten og reserverapporten overgår DNO alle forventninger. Knalltall skriver HO. Men disse rapportene gir vel ikke ønsket kursøkning? Bare les dette:
"Oslo, 11 February 2019 - DNO ASA, the Norwegian oil and gas operator, today announced it replaced 2018 production through additions to reserves, marking the second consecutive year in which the Company's replacement of proven reserves reached or exceeded 100 percent of production.
"DNO's stellar record of reserves replacement through the drill bit is a result of stepped up spending on our portfolio of quality assets coupled with rapid-fire execution," said Bijan Mossavar-Rahmani, DNO's Executive Chairman. "And the barrels we continue to add are among the lowest cost in the industry, anywhere," he expounded.
Yearend 2018 Company Working Interest (CWI) proven (1P) reserves stood at 240 million barrels of oil (MMbbls), unchanged from yearend 2017 after adjusting for production and technical revisions. On a CWI proven and probable (2P) reserves basis, DNO replaced 98 percent of its 2018 production, exiting the year with CWI 2P reserves of 376 MMbbls (384 MMbbls in 2017).m
At 2018 production rates, DNO's 1P reserves life is 8.2 years and its 2P reserves life is 12.9 years."
Oslo, 7 February 2019 - DNO ASA, the Norwegian oil and gas operator, today announced 2018 net profit of USD 354 million on revenues of USD 829 million, the highest annual revenues in the Company's 47-year history. Cash flow from operations increased 40 percent to USD 472 million in 2018, of which USD 334 million represented free cash flow.
Operated production averaged 117,600 barrels of oil equivalent per day (boepd) including 81,700 boepd on a Company Working Interest (CWI) basis, up from 113,500 boepd and 73,700 boepd, respectively, during 2017. January 2019 operated production averaged 128,000 barrels of oil per day (bopd) or 90,000 bopd on a CWI basis.
The Company stepped up its operational spend in 2018 to nearly USD 300 million to support the fast-track development of the Peshkabir field in the Kurdistan region of Iraq and the ongoing drilling program at the Tawke field within the same license.
Oslo 27 Mars 2019: Looking ahead to 2019, DNO plans to drill or participate in up to 30 wells across its portfolio in Kurdistan and the North Sea. The Company projects 2019 Capital and exploration expenditure in the range of USD 650 million for the combined entity, of which USD 330 million is on the DNO assets, up from USD 193 million in 2018, and USD 315 million is on the Faroe assets, up from USD 269 million in Oslo, 8 May 2019 – DNO ASA, the Norwegian oil and gas operator, today reported USD 35 million in first quarter 2019 operating revenues from its newly acquired North Sea assets, bringing the total quarterly figure across the portfolio to USD 204 million. The Company generated a net profit of USD 51 million and exited the quarter with a cash balance of USD 254 million plus USD 109 million in treasury shares and marketable securities.
Oslo, 8 May 2019 – DNO ASA, the Norwegian oil and gas operator, today reported USD 35 million in first quarter 2019 operating revenues from its newly acquired North Sea assets, bringing the total quarterly figure across the portfolio to USD 204 million. The Company generated a net profit of USD 51 million and exited the quarter with a cash balance of USD 254 million plus USD 109 million in treasury shares and marketable securities.
Company Working Interest (CWI) production averaged 107,600 barrels of oil equivalent per day (boepd) during the first quarter, up 36 percent from 79,100 boepd in the first quarter of 2018. Kurdistan contributed 89,400 barrels of oil per day (bopd) and the North Sea contributed 18,200 boepd.
Operated Kurdistan production from the Tawke and Peshkabir fields averaged 126,800 bopd during the quarter, up from 109,400 in the first quarter of 2018.
The Company plans to more than double capital and exploration expenditures to USD 440 million this year, up from USD 200 million last year. Planned 2019 expenditure in Kurdistan is USD 250 million and USD 190 million in the North Sea. DNO has launched an active drilling program of up to 36 wells across the portfolio, representing the highest number of wells in the Company’s 48-year history
“With our recent acquisition, DNO has transformed into a more balanced company,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. “We continue to generate significant cash from ultra-low cost, short-cycle, highly prolific fields in Kurdistan but now with a strong, second leg in the North Sea,” he added.
DNO fortsetter i flere omganger med å akkumulere egne aksjer. Det er godt at økte inntekter ble brukt til å stabilisere aksjkursen.
Oppkjøpet bare fortsetter og senest 18. Okt. slik at beholdningen nå er på 78,800 mill egne aksjer.
Nå kan vi jo bare vente til 31. Oktober for " Operating and Financial Updates". Da kommer det nok nye godsaker!
Oslo 23 Oct 2019: DNO, today announced that pursuant to the authorization granted at the Annual General Meeting held on 29 May 2019, the Board of Directors has approved a dividend payment of NOK 0.20 per share to be made on or about 4 November 2019 to all shareholders of record as of 28 October 2019. DNO shares will be traded ex- dividend as of 25 October 2019.
Oslo 31,Oct 2019: DNO today reported strong third quarter revenues of USD 227 million, up 33 percent from a year earlier, on the back of solid production averaging 99,300 barrels of oil equivalent per day (boepd) on a Company Working Interest (CWI) basis, up 22 percent year on year. Notwithstanding strong underlying performance, 2019 third quarter results were impacted by non-recurring items as well as lower oil prices and higher exploration expenses, resulting in a net loss of USD 96 million.
Oslo 1 November 2019, DNO has today purchased 2,500,000 own shares at an average price of NOK 11.1046 per share.
Following this transaction, DNO holds 86,000,000 own shares.
Oslo, 5 November 2019 - DNO ASA, the Norwegian oil and gas operator, today purchased USD 1 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The bonds were purchased at a price of 107.125. Following the bond buyback, USD 26.2 million in nominal value of the FAPE01 bonds remain outstanding with DNO ASA holding the balance of USD 59.6 million. The FAPE01 bonds mature on 28 April 2023.
Oslo, 12 November 2019 - DNO ASA, the Norwegian oil and gas operator, today purchased USD 2.6 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The bonds were purchased at a price of 107.25. Following the bond buyback, USD 23.6 million in nominal value of the FAPE01 bonds remain outstanding with DNO ASA holding the balance of USD 62.2 million. The FAPE01 bonds mature on 28 April 2023.
Oslo 15 Nov 2019, DNO today announced issuance of a notice of discovery to the Kurdistan Regional Government of Iraq on the Baeshiqa-2 exploration well, in accordance with the requirements of the Production Sharing Contract, after flowing hydrocarbons to surface from the upper part of Triassic Kurra Chine B reservoir.
Following acid stimulation, the zone flowed variable rates of light oil and sour gas. Further testing of this and other Jurassic and Triassic zones is ongoing and will determine the next steps towards appraisal and assessment of commerciality.
Oslo, 15 November 2019 - DNO ASA, the Norwegian oil and gas operator, today announced that its wholly owned subsidiary, DNO North Sea plc, formerly Faroe Petroleum plc, has increased and extended its reserve based lending (RBL) facility and its exploration financing facility (EFF).
Oslo, 27 November 2019 - DNO ASA, the Norwegian oil and gas operator, today purchased USD 2.0 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The bonds were purchased at a price of 107.375. Following the bond buyback, USD 21.6 million in nominal value of the FAPE01 bonds remain outstanding with DNO ASA holding the balance of USD 64.2 million. The FAPE01 bonds mature on 28 April 2023.
Oslo, 16 December 2019 - DNO ASA, the Norwegian oil and gas operator, has today purchased 1,200,000 own shares at an average price of NOK 10.7412 per share. Following this transaction, DNO holds 87,200,000 own shares.
operator, today announced a 29 percent year-on-year increase in its net Company Working Interest (CWI) production in 2019 to 104,800 barrels of oil equivalent per day (boepd) on the back of acquisitions and a record drilling campaign.
In the Kurdistan region of Iraq, production from the two fields in the Tawke license climbed from 113,100 barrels of oil per day (bopd) in 2018 (79,700 bopd CWI) to 124,000 bopd in 2019 (87,400 bopd CWI). Production of 122,800 bopd in the fourth quarter of 2019 was up 3,000 bopd from the previous quarter. The Company is operator of the Tawke license with a 75 percent interest.
With the acquisition of Faroe Petroleum plc, which gave the Company a foothold offshore Norway and the United Kingdom, production from the North Sea added another 17,400 boepd in 2019 (19,000 boepd in the fourth quarter was up from 14,900 boepd in the previous quarter). DNO currently holds 87 licenses in Norway and 15 in the United Kingdom, The Netherlands and Ireland; of these 28 are on production (13 fields) and the balance in various stages of evaluation, exploration and development.
DNO reported on 6th February interim 2019 revenues of USD 971 million, the highest in the Company's 48-year history, on the back of acquisitions and a record drilling campaign driving a 28 percent year-on-year increase in Company Working Interest (CWI) production to 104,800 barrels of oil equivalent per day (boepd). Net profit last year stood at USD 74 million.
Lykke til
K
Redigert 21.01.2021 kl 07:18 Du må logge inn for å svare
rek1
11.02.2019 kl 07:34 39109

Det er bare å ta av seg hatten.. :)
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
tapogvinn
11.02.2019 kl 07:39 39035

Mulig det. Selv forstår jeg ikke at det er så KNALL at reservene er uendret fra fjoråret.

Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Anywhere
11.02.2019 kl 07:48 38893

Knall at reserver er erstattet ihht produksjon. Få som har fått til det siste årene. Husk at Faroe kommer on top på dette...
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
kaedureddfor
11.02.2019 kl 07:50 38814

Nesten ulidelig å ståbutenfor aksjen. Dette kunne dei sagt på resultatfremlegginga.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 07:50 38782

Nei farao er nog inregnet
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
taakre
11.02.2019 kl 07:54 38701

Dette er jo bare et minimum mål for et oljeselskap med vekstambisjoner.
Hva med Faroe (og Baeshiqa) reservene. Det blir lite aksje løft ved å trå vannet med 1100 ansatte.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 07:57 38642

"DNO's stellar record of reserves replacement through the drill bit is a result of stepped up spending on our portfolio of quality assets coupled with rapid-fire execution," said Bijan Mossavar-Rahmani, DNO's Executive Chairman. "And the barrels we continue to add are among the lowest cost in the industry, anywhere," he expounded.

Yearend 2018 Company Working Interest (CWI) proven (1P) reserves stood at 240 million barrels of oil (MMbbls), unchanged from yearend 2017 after adjusting for production and technical revisions. On a CWI proven and probable (2P) reserves basis, DNO replaced 98 percent of its 2018 production, exiting the year with CWI 2P reserves of 376 MMbbls (384 MMbbls in 2017).

At 2018 production rates, DNO's 1P reserves life is 8.2 years and its 2P reserves life is 12.9 years.

Significantly, the Company's 1P reserves replacement ratio (RRR) has reached or exceeded 100 percent in eight of the past ten years.

On a gross basis, at the Tawke license in the Kurdistan region of Iraq containing the Tawke and Peshkabir fields, yearend 2018 1P reserves stood at 348 MMbbls, unchanged from 2017 after adjusting for production of 41 MMbbls and upward technical revisions of 41 MMbbls. Tawke license 2P reserves stood at 502 MMbbls (513 MMbbls in 2017) and proven, probable and possible (3P) reserves at 697 MMbbls (880 MMbbls in 2017).

Broken down by field, Tawke field gross 1P reserves stood at 294 MMbbls (335 MMbbls in 2017), 2P reserves at 376 MMbbls (438 MMbbls in 2017) and 3P reserves at 477 MMbbls (588 MMbbls in 2017). Peshkabir field gross 1P reserves stood 54 MMbbls (13 MMbbls in 2017), 2P reserves at 126 MMbbls (75 MMbbls in 2017) and 3P reserves at 220 MMbbls (292 MMbbls in 2017).

International petroleum consultants DeGolyer and MacNaughton carried out the annual independent assessment of the Tawke license. The Company internally assessed the remaining licenses in its portfolio.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 08:01 38563

Overskriftene på HO er ofte sensasjonspregede og villedende, her er samme saken fra E24:

DNOs påviste oljereserver forble uendret i 2018
Sammendrag laget av Mail redaktion André Haugen, minE24
Publisert 11 febr. 2019, 06.34
Nytt fra børsselskapene

DNOs påviste oljereserver var uendret i fjor, ifølge en oppdatering fra selskapet.

Basert på selskapets arbeidsinteresser hadde DNO 240 millioner fat oljeekvivalenter i påviste reserver (1P) ved utgangen av 2018, uendret fra året før.

Andelen av de påviste og sannsynlige reservene (2P) falt i perioden til 376 fra 384 millioner fat oljeekvivalenter.

Andelen av de påviste, sannsynlige og mulige reservene falt fra 666 til 539 millioner fat oljeekvivalenter.

Levetiden til de påviste reservene (1P) er 8,2 år ved produksjonsraten selskapet hadde i 2018, mens levetiden for påviste og sannsynlige (2P) reserver er 12,9 år.

DNOs reserveerstatningsrate for 1P-reservene har nådd eller oversteget 100 prosent i de siste åtte av ti årene, ifølge meldingen.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
NOELLE
11.02.2019 kl 08:09 38467

Knalltall er ikke en vill ledende overskrift. Langt ifra. De har erstattet det produserte å vell så det. DNO leverte en sinnsykt fra kvartalrapport, oppkjøp Faroe, strålende reserve rappport..sinnsykt mye boringer utover året..DNO skal mange kroner opp. På tide kursen gjenspeiler alt det positive.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
oto1
11.02.2019 kl 08:13 38402

Vås.

Faroe er selvsagt ikke med.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 08:16 38318

Noe ned fra året før, er det knall? Noen som er desperate her ser det ut til ;)
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 08:33 38153

Dette er som om proteinshaken aldri blir tom. Man tar en slurk og neste gang er drikkeflaska like full. Det er selvsagt bra for kropp og økonomi.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Anywhere
11.02.2019 kl 08:34 38112

Hegnar som mener det er knall. På Forum mener vi bare at det er tall som beviser at selskapet skal reprises. De driver konstruktivt og etterfyller reserver. Mer enn de fleste andre har fått til på organisk vis. I tillegg kommer altså Faroe, og alt potensialet på letelisenser som selvsagt må vise seg med årene. Baeshiqa kan riktignok styrke balansen ekstremt allerede dette året på den organiske vurderingen...
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 08:41 37998

Nå er det ikke HO eller dere her på forumet som bestemmer kursen, det er det markedet som gjør og markedet er ikke enige med HO eller dere, heldigvis)
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
rek1
11.02.2019 kl 08:45 37933

Jeg vet ikke hvem som begynner å bli desperat ??
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Slettet bruker
11.02.2019 kl 08:49 37855

Du vet ikke nei, men jeg vet))
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
sveipen
11.02.2019 kl 08:58 37730

Ta deg en rosinbolle SP.
Du har "gnellet" om at DNO skal ned helt fra den stod i 4 kroner.
Hvem som er desperat her er det vel ikke noen tvil om.
Dine spådommer vedr. DNO har vært en fiasko.
Jeg håper virkelig ikke det er noen som har fulgt dine råd.
At du roter bort dine egne penger får være opp til deg.
At du råder andre til å gjøre det samme er en skandale som burde utelukke deg fra forumet.
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 09:06 37634

oioioi :)))))))
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 09:07 37598

Bunnfiske??
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Slettet bruker
11.02.2019 kl 09:07 37544

Er det krakk?
Redigert 21.01.2021 kl 01:21 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 09:08 37652

Jeg ser flere og flere argumenter for 30+. Færre for 20.
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 09:08 37638

Mulig 20 denne uka?
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 09:10 37593

30 kommer ja men uvisst når... DNO tjener penger uansett. Både Europa og Nordsjøen. Moro dette. Tror de er bedre enn Equinor..
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 09:11 37567

Tipper 18.30 ved slutt i dag...
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Anywhere
11.02.2019 kl 09:51 37275

Det er tydelig at markedet ikke er enig med SP, men deler oppfatningen av at DNO viser stadig mer og mer som tilsier at risiko-rabatten skal betydelig ned fremover, og at man kanskje snart tillater seg å heller legge risikoprising på oppsiden.
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Prewia
11.02.2019 kl 09:53 37226

Ännu i gen uppdatering på de resultat vi väntar på från senaste borrnigarna så det verkar finnas mer ekd på brasan
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
canarias
11.02.2019 kl 09:55 37187

Bunnsolid, bra jobbet av DNO
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 10:11 37083

Det er jo flere her som "snur seg i hatten". Pussig å se så mange her er negative til DNO selv når selskapet rapporterer topp resultater og verifiserer at reservene stort sett er intakte dvs at de ikke synker men heller øker. Ganske enkelt at inntektene og forbruket øker og formuen ikke avtar.
K
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
canarias
11.02.2019 kl 10:13 37043

DNO vil bli en vekstmaskin fremover med masse spennende triggere.
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 10:16 36998

Helt enig med deg NOELLE.
Nå må vel kursøkningene komme i kvantesprang?
K
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Slettet bruker
11.02.2019 kl 10:41 36865

Det er ikke akkurat kursøkninger i kvantesprang i dag tidlig men kursen stiger bra over 3% til 17,20 nå.
K
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Anywhere
11.02.2019 kl 11:14 36720

Kursøkning på 4% synes jeg er bra sprang for en dag. Herlig med en god reprising som fortsetter, og husk mitt kortsiktige tradingmål på 19 +. Aksjen holder stø kurs og hjelpes nå av definert golden cross. Den kan like gjerne trekke til 23-24 på 4-5 uker.
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
abroker
11.02.2019 kl 11:23 36636

Ikke rart at du er desperat pekken > Se kursen på PSE?
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
canarias
11.02.2019 kl 11:29 36571

Markedet begynner å se potensialet nå
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
teiten
11.02.2019 kl 11:48 36456

Synes det er rart at aksjen går på denne nyheten, og ikke tallene i forrige uke, men lenge siden jeg sluttet å tro jeg forstår markedet.... ?
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Worldwide
11.02.2019 kl 11:54 36414

Tallene i dag betyr mye for fremtiden, mens tallene for Q4 er historie. Tallene i dag forteller oss at DNO vil ha solide inntekter i mange år, og det liker markede.
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
Worldwide
11.02.2019 kl 11:58 36378

Var det ikke DNB som anbefalte salg rett før nyttår?
Snakk om bom fra «proffene»
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare
canarias
11.02.2019 kl 11:59 36339

Markedet begynner nå omsider å se og ta inn over seg det samme som vi oppegående lenge har sett.
Redigert 21.01.2021 kl 02:33 Du må logge inn for å svare