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  3. Faroe Petroleum Plc Share Price
  4. Faroe Petroleum Plc Share Regulatory News
  5. DNO Statement on Faroe/Equinor Norway Asset Swap

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DNO Statement on Faroe/Equinor Norway Asset Swap

5 Dec 2018 13:05

RNS Number : 5565J
DNO ASA
05 December 2018
 

DNO notes the announcement made by Faroe Petroleum today 5th December 2018, regarding a Norwegian Asset Swap with Equinor.

 

"This is a significant deal for Faroe, and we need to understand it before making a judgement. While Faroe has asserted this is not designed to stop the DNO offer, we need to ask if this is good value for a company seeking growth: to swap out of its high quality, large scale, core growth hub, Njord, operated by the national oil company of Norway, Equinor, and to take on instead mature and declining production assets - in a deal with Equinor itself. That is the test this deal needs to satisfy."

 

A copy of this document will be available, subject to certain restrictions relating to persons resident in restricted jurisdictions, for inspection on DNO's website https://www.dno.no/en/investor-relations/offer_announcement_26November/

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
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9th Jan 20195:14 pmRNSForm 8.3 -Faroe Petroleum (repl 1610M & 6699M
9th Jan 20194:50 pmRNSForm 8.3 - Faroe Petroleum PLC Replacement
9th Jan 20194:42 pmRNSForm 8.3 - Faroe Petroleum PLC - Replacement
9th Jan 20194:35 pmRNSForm 8.3 - Faroe Petroleum PLC -Amend
9th Jan 20193:20 pmRNSForm 8.3 - Faroe Petroleum plc
9th Jan 20193:16 pmRNSCavendish Asset Mgnt. statement on Faroe Petroleum
9th Jan 20192:48 pmBUSForm 8.3 - FAROE PETROLEUM PLC - AMENDMENT
9th Jan 20192:38 pmRNSForm 8.3 - Faroe Petroleum PLC
9th Jan 201912:21 pmRNSForm 8.3 - Faroe Petroleum plc
9th Jan 201912:11 pmBUSForm 8.3 - FAROE PETROLEUM PLC
9th Jan 201911:45 amRNSForm 8 (DD) - Faroe Petroleum plc
9th Jan 201910:51 amGNWInvesco Ltd.: Form 8.3 - Faroe Petroleum PLC
9th Jan 201910:32 amRNSStatement Regarding DNO's Final Offer
9th Jan 20198:59 amRNSForm 8.3 - Faroe Petroleum plc
9th Jan 20198:36 amRNSDNO OWNS OR HAS ACCEPTANCES FOR 52.44% OF FAROE
9th Jan 20197:00 amRNSPublication of Final Offer Document
8th Jan 20194:40 pmRNSIncreased and Final Cash Offer for Faroe Petroleum
8th Jan 20193:26 pmRNSForm 8.3 - Faroe Petroleum PLC
8th Jan 20191:17 pmBUSForm 8.3 - FAROE PETROLEUM PLC
8th Jan 201912:00 pmRNSForm 8.5 (EPT/RI) - Faroe Petroleum plc
8th Jan 20197:00 amRNSDNO Statement on Reserves Downgrade at Faroe's Oda
7th Jan 20193:20 pmRNSForm 8.3 - Faroe Petroleum plc
7th Jan 20193:08 pmRNSForm 8.3 - Faroe Petroleum PLC
7th Jan 201912:00 pmRNSForm 8.5 (EPT/RI) - Faroe Petroleum plc
7th Jan 201911:35 amBUSFORM 8.3 - FAROE PETROLEUM PLC
7th Jan 201911:13 amGNWInvesco Ltd.: Form 8.3 - Faroe Petroleum PLC
7th Jan 201910:47 amRNSForm 8 (DD) - [Faroe Petroleum plc]
4th Jan 20193:20 pmRNSForm 8.3 - Faroe Petroleum plc
4th Jan 20192:36 pmRNSForm 8.3 - Faroe Petroleum PLC
4th Jan 20191:33 pmBUSForm 8.3 - FAROE PETROLEUM PLC
4th Jan 201911:00 amRNSForm 8 (DD) - Faroe Petroleum plc
4th Jan 201910:08 amRNSForm 8.5 (EPT/NON-RI) - Faroe Petroleum plc
4th Jan 20197:00 amRNSDNO Acquires Additional Faroe Petroleum Shares
4th Jan 20197:00 amRNSPosting of Second Response Circular
3rd Jan 20193:49 pmBUSForm 8.3 - Faroe Petroleum PLC
3rd Jan 20193:19 pmRNSForm 8.3 - Faroe Petroleum PLC
3rd Jan 20192:49 pmRNSForm 8.3 - Faroe Petroleum plc
3rd Jan 201911:52 amRNSJonathon Cooper Form 8 DD
3rd Jan 201911:52 amRNSHelge Hammer Form 8 DD
3rd Jan 201911:51 amRNSGraham Stewart Form 8 DD
3rd Jan 201910:47 amBUSFORM 8.3 - FAROE PETROLEUM PLC - AMENDMENT
3rd Jan 201910:45 amRNSDNO Offer fails to secure sufficient acceptances
3rd Jan 20199:30 amRNSForm 8.5 (EPT/NON-RI) - Faroe Petroleum plc
3rd Jan 20198:51 amRNSMandatory Cash Offer for Faroe Petroleum by DNO
3rd Jan 20197:00 amRNSExtension of Cash Offer for Faroe Petroleum
2nd Jan 20196:16 pmRNSDNO Response to Announcements by Faroe Petroleum
2nd Jan 20195:59 pmRNSQuarterly notification of Directors' Interests
2nd Jan 20193:29 pmRNSForm 8.3 - Faroe Petroleum PLC
2nd Jan 201912:16 pmBUSForm 8.3 - FAROE PETROLEUM PLC
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