AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price of £0.80 per share: Appraisal drilling results at Alberta Llanos unlock full field development with horizontal wells - Following the discovery well, Arrow has drilled two new vertical wells at Alberta Llanos, effectively delineating the field. The AB-2 well at the far northern limit of the field encountered multiple hydrocarbon-bearing intervals with good reservoir characteristics but came i...
Ørsted A/S (Orsted) Delivering operational earnings in line with expectations while navigating a challenging industry 06-Feb-2025 / 08:00 CET/CEST 6.2.2025 08:00:00 CET | Ørsted A/S | Annual Financial Report Today, Ørsted’s Board of Directors approved the annual report for 2024. Rasmus Errboe, Group President and CEO of Ørsted, says:“We are pleased with our operational performance and financials results, where we ended the year in line with our updated expectations. Furthermore, we successfully renegotiated and settled contracts related to the close-down of Ocean Wind wi...
Key Information Relating to Cash Dividend Oslo, 6 February 2025 - DNO ASA, the Norwegian oil and gas operator, today announced that pursuant to the authorization granted at the Annual General Meeting held on 6 June 2024, the Board of Directors has approved a dividend payment of NOK 0.3125 per share to be made on or about 21 February 2025 to all shareholders of record as of 14 February 2025. DNO shares will be traded ex-dividend as of 13 February 2025. Dividend amount:NOK 0.3125 per share Declared currency:NOK Last day including right:12 February 2025 Ex-date:13 February 2025 Record date...
DNO Results Reflect Robust Kurdistan Production, North Sea Expansion Oslo, 6 February 2025 – DNO ASA, the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of stellar production in the Kurdistan region of Iraq in a year marked by continuing North Sea expansion. Cash from operations increased nearly 50 percent to USD 433 million year-on-year. Operating profit dropped to USD 6 million reflecting the Company’s decision to take non-cash impairments of USD 146 million in its accounts, part of which was previously reported. Net production climbed 50 per...
Ørsted A/S (Orsted) Ørsted adjusts its business plan to strengthen the capital structure through a disciplined, value-focused capital allocation with a reduced investment programme 05-Feb-2025 / 18:23 CET/CEST 5.2.2025 18:23:08 CET | Ørsted A/S | Inside information Today, Ørsted’s Board of Directors approved adjustments to the company’s business plan towards a focused capital allocation to strengthen the capital structure. The company will prioritise the most value-accretive growth opportunities through a self-funded investment programme. During 2024, Ørsted delivered fu...
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