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Faroe Petroleum Plc News

UPDATE: Faroe Petroleum Directors To Resign Following DNO Buy (ALLISS)
11 Jan 2019

UPDATE: Faroe Petroleum Directors To Resign Following DNO Buy (ALLISS)

LONDON (Alliance News) - Norway's DNO ASA said Friday it has acquired a further 3.7% of Faroe Petroleum PLC at 160 pence per share.Taking into account...

Faroe Petroleum To Revise Brasse Gross Volumes After Appraisal Work
11 Jan 2019

Faroe Petroleum To Revise Brasse Gross Volumes After Appraisal Work

LONDON (Alliance News) - Takeover target Faroe Petroleum PLC on Friday said it would be revising the range of recoverable hydrocarbons at the Brasse f...

DNO Passes 75% De-Listing Threshold With Latest Faroe Petroleum Buy (ALLISS)
11 Jan 2019

DNO Passes 75% De-Listing Threshold With Latest Faroe Petroleum Buy (ALLISS)

LONDON (Alliance News) - Norway's DNO ASA said Friday it has acquired a further 3.7% of Faroe Petroleum PLC at 160 pence per share.Taking into account...

LONDON MARKET PRE-OPEN: Flybe Agrees To Takeover By Stobart And Virgin
11 Jan 2019

LONDON MARKET PRE-OPEN: Flybe Agrees To Takeover By Stobart And Virgin

LONDON (Alliance News) - Stock prices in London are called higher Friday, with markets optimistic despite a lack of any concrete progress from trade t...

Faroe Petroleum De-Listing Looms After Further DNO Purchase (ALLISS)
10 Jan 2019

Faroe Petroleum De-Listing Looms After Further DNO Purchase (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said it has bought a further 20% of Faroe Petroleum, meaning it is approaching the threshold for de-listi...

UPDATE: Faroe Investor Sells Stake On "Unacceptable" DNO Offer (ALLISS)
9 Jan 2019

UPDATE: Faroe Investor Sells Stake On "Unacceptable" DNO Offer (ALLISS)

LONDON (Alliance News) - Faroe Petroleum PLC investor Cavendish Asset Management Ltd said Wednesday DNO ASA's offer for the UK oil producer is "unacce...

UPDATE: Faroe Petroleum Board Accepts Latest DNO Offer Despite Concern
9 Jan 2019

UPDATE: Faroe Petroleum Board Accepts Latest DNO Offer Despite Concern

LONDON (Alliance News) - Faroe Petroleum PLC on Wednesday told shareholders to accept DNO ASA's latest offer, given it is set to become unconditional,...

Acceptances For DNO's Faroe Petroleum Hostile Takeover Offer Pass 50% (ALLISS)
9 Jan 2019

Acceptances For DNO's Faroe Petroleum Hostile Takeover Offer Pass 50% (ALLISS)

LONDON (Alliance News) - Norway's DNO ASA on Wednesday said it has bought a further 8.7% of Faroe Petroleum PLC, its GBP640 million takeover offer now...