Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
DNO CANCELLING SHARES. DNO Calls Meeting to Cancel 108,381,415 Own Shares Held by Company Oslo, 4 February 2020 - DNO ASA, the Norwegian oil and gas operator, today announced that its Board of Directors has called an Extraordinary General Meeting on 28 February 2020 to seek shareholder approval to cancel all 108,381,415 own shares held by the Company. Acquisition of the 10 percent stake was completed last month at a weighted average price of NOK 10.61. -- For further information, please contact:?Media: media@dno.no ?
Yes it certainly looks that way.
The issue now is all confidence has been lost in the KRG, again.
GKP continue to manage to shroud everything a complete fog. The management would appear from our level, are unable to get their "elbows" out.
Buy back is great, if they actually tell us what the ****, they are doing with it.
In support of the FDP submitted in 2018, GKP completed: – New petrophysical and geological interpretations and a comprehensive fracture network modelling study – Review of updated well and facilities performance data – Production history to the end of 2018 – Dynamic reservoir simulation modelling incorporating all the above points
• On that basis, GKP’s internal review of reserves indicates: – An upgrade in Proven (1P) reserves – No material changes to Probable reserves (2P) compared to previous work
• A revised CPR is expected to be released following FDP approval