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Faroe Petroleum Plc News

DNO ups offer for Faroe Petroleum to 160p per share
9 Jan 2019

DNO ups offer for Faroe Petroleum to 160p per share

(Sharecast News) - Norwegian oil producer DNO has acquired a further 32.25m shares in AIM-listed producer Faroe Petroleum after it upped its cash offe...

UPDATE: DNO Raises Faroe Petroleum Offer To 160 Pence Per Share
8 Jan 2019

UPDATE: DNO Raises Faroe Petroleum Offer To 160 Pence Per Share

LONDON (Alliance News) - Norwegian oil & gas firm DNO ASA on Tuesday increased its final cash offer for Faroe Petroleum PLC to 160 pence per share fro...

DNO Says Faroe Petroleum Failed To Reveal Oda Field Reserves Downgrade
8 Jan 2019

DNO Says Faroe Petroleum Failed To Reveal Oda Field Reserves Downgrade

LONDON (Alliance News) - DNO ASA said Tuesday that a reserves downgrade at Faroe Petroleum PLC's Oda field by Norwegian Petroleum Directorate raises c...

Norwegian Firm DNO Ups Stake In Takeover Target Faroe Petroleum
4 Jan 2019

Norwegian Firm DNO Ups Stake In Takeover Target Faroe Petroleum

LONDON (Alliance News) - DNO ASA said Friday that it has further increased its stake in hostile takeover target Faroe Petroleum PLC to 30.6%.The Norwe...

UPDATE: Faroe Petroleum Pushes Back As DNO Offer Becomes Mandatory (ALLISS)
3 Jan 2019

UPDATE: Faroe Petroleum Pushes Back As DNO Offer Becomes Mandatory (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said that it increased its stake in Faroe Petroleum PLC to 30% and, as a result, its GBP567 million takeo...

DNO extends 152p a share offer for Faroe Petroleum
3 Jan 2019

DNO extends 152p a share offer for Faroe Petroleum

(Sharecast News) - Norwegian oil producer DNO has extended its 152p a share takeover offer for Faroe Petroleum by two weeks to 18 January.

DNO Takeover Offer For Faroe Becomes Mandatory As Stake Exceeds 30% (ALLISS)
3 Jan 2019

DNO Takeover Offer For Faroe Becomes Mandatory As Stake Exceeds 30% (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said that it increased its stake in Faroe Petroleum PLC to 30% and, as a result, its GBP567 million takeo...

LONDON MARKET PRE-OPEN: Next Festive Sales In Line But Outlook Lowered
3 Jan 2019

LONDON MARKET PRE-OPEN: Next Festive Sales In Line But Outlook Lowered

LONDON (Alliance News) - Stock prices in London are set to open lower on Thursday after a volatile session on Wednesday, which saw the FTSE 100 rally ...