AUCTUS PUBLICATIONS ________________________________________ Condor Energies (CDR CN)C; Target price of C$5.80 per share: Very high flow rate at latest hz well boosts reserves, production and exploration upside – The K‑46 horizontal well has delivered an excellent result, flowing at rates of up to 18.3 mmcf/d. It has been choked back to a stable 15.5 mmcf/d to mitigate the risk of gas‑hydrate formation. The flowing pressure of 1,235 psi is very high. With an initial reservoir pressure of 2,695 p...
• The Dussafu PSC term has been extended from 2038 to 2053. The fiscal terms for the extension remain unchanged from the current regime, and no additional work commitments have been imposed. This longer licence life has several positive implications for Panoro. • First, the extension allows existing production to run for several additional years. This increases the likelihood that a portion of the company’s 2C contingent resources can be reclassified into 2P reserves by YE26. It also prolongs ac...
Symra Beats Start-Up Schedule, DNO Boosts North Sea Output Oslo, 7 April 2026 – DNO ASA, the Norwegian oil and gas operator, today announced the start-up of the Symra field offshore Norway nine months ahead of schedule. DNO has a 20 percent stake in the field, which is operated by Aker BP ASA (50 percent), with Equinor Energy AS holding the balance. Symra holds estimated gross reserves of 60 million barrels of oil equivalent and is expected to deliver 4,000–5,000 barrels of oil equivalent per day (boepd) net to DNO at plateau. The partnership sees significant additional resource potential ...
AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; Target price of A$0.19 per share: New equity raise ahead of drilling in Austria – ADX has raised A$4.4 mm new equity at A$0.027 per share. Investors will also receive one option for every two new shares, with an exercise price of A$0.0405 per share. The proceeds will fund the HOCH‑1 shallow exploration well in Austria, which is expected to spud next month. The strengthened cash position also enables well‑site prep...
DNO Brings Forward Norway Production Through Multi-Asset Equinor Swap Oslo, 16 March 2026 – DNO ASA, the Norwegian oil and gas operator, today announced a non-cash swap of Norwegian Continental Shelf assets with Equinor Energy AS covering DNO’s stakes in four non-core discoveries in exchange for interests in the Kvitebjørn area in the Northern North Sea. The Equinor swap follows other recent transactions designed to increase near- to medium-term production and cash flow. Under the agreement, DNO will acquire a 19 percent interest in Atlantis and a 10 percent interest in Afrodite, two gas c...
AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; Target price of A0.22 per share: Raising new equity for Austria and Italy – ADX has raised A$4.4 mm of new equity priced at A$0.027 per share. Participants will also receive one unlisted option for every two new shares with an exercise price of A$0.0405 per share. New Zealand Energy (NZ CN)C; Target price of C$1.25 per share: Positive well result. Supportive environment – Ngaere‑1 is currently producing around 1...
DNO Releases 2025 Annual Report Oslo, 12 March 2026 – DNO ASA, the Norwegian oil and gas operator, today released its 2025 Annual Report together with its Remuneration Report and Annual Statement of Reserves and Resources. The reports are attached as downloadable files and also available on the Company’s website – For further information, please contact:Media: Investors: – DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971, DNO is Norway’s oldest oil company and the first to list on the Oslo Stock Exchange in 1981. ...
Mandatory Notification of Trade Attached are forms of notification of transactions by primary insiders under the DNO ASA Employee Synthetic Share Program. This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3. Attachments
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