Published: 08:00 CEST 26-08-2011 /Thomson Reuters /Source: DNO International ASA /XOSL: DNO /ISIN: NO0003921009
Mandatory Notification of Trade
DNO International ASA (DNO) has on 25 August 2011 bought 500,000 own shares at a price of NOK 5.2958 per share. Following this transaction, DNO holds 6,500,000 own shares.
The transaction is part of the share buy back program announced on 10 August this year.
Oslo, 26 August 2011
DNO International ASA
Corporate Communications
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
http://www.dno.no/
26/8 2011 13:34 collersteen 0
45664 Ikke nogen vild relevans for DNO, men MAERSK er på vej ind i Kurdistan.
http://www.proinvestor.com/finansnyhed/10312442/Maersk-Oil-koeber-20-pct-interesse-i-HKN-Energy
500,000 var iøvrigt ikke mange aktier. Man må håbe at de opgraderer indkøbet igen. Men fint nok at se dem tilbage efter et par dages pause.
http://www.proinvestor.com/finansnyhed/10312442/Maersk-Oil-koeber-20-pct-interesse-i-HKN-Energy
500,000 var iøvrigt ikke mange aktier. Man må håbe at de opgraderer indkøbet igen. Men fint nok at se dem tilbage efter et par dages pause.
26/8 2011 15:56 fcras 045675 Maersk Buys Stake in HKN Energy
Maersk Oil 8/26/2011
URL: http://www.rigzone.com/news/article.asp?a_id=110513
Maersk Oil, a fully-owned subsidiary of the A.P. Moller - Maersk Group, has acquired a 20% shareholding in HKN Energy Ltd., a subsidiary of U.S.-based Hillwood International Energy, whose sole asset is a license in Kurdistan Region.
The acquisition is a step into the prolific but as yet underdeveloped area of Kurdistan in oil output terms, as Maersk Oil explores opportunities in the region.
"We want to gain knowledge and experience of operations in Kurdistan, which is why we have acquired a shareholding in a company already active in the region," said Jón Ferrier, Head of Business Development and Strategy in Maersk Oil. "In return, we will contribute our technical knowhow and expertise."
HKN Energy holds a 75% interest in and operatorship of the Sarsang license area in northern Kurdistan, on the highly prospective Zagros fold belt. HKN Energy drilled one discovery well in 2011 which is expected to be brought into production in 2012. Marathon Oil holds the remaining 25% interest in the license area.
The parties have agreed not to disclose the terms of the transaction.
http://www.hkninc.com/
http://www.hillwoodenergy.com/
Maersk Oil 8/26/2011
URL: http://www.rigzone.com/news/article.asp?a_id=110513
Maersk Oil, a fully-owned subsidiary of the A.P. Moller - Maersk Group, has acquired a 20% shareholding in HKN Energy Ltd., a subsidiary of U.S.-based Hillwood International Energy, whose sole asset is a license in Kurdistan Region.
The acquisition is a step into the prolific but as yet underdeveloped area of Kurdistan in oil output terms, as Maersk Oil explores opportunities in the region.
"We want to gain knowledge and experience of operations in Kurdistan, which is why we have acquired a shareholding in a company already active in the region," said Jón Ferrier, Head of Business Development and Strategy in Maersk Oil. "In return, we will contribute our technical knowhow and expertise."
HKN Energy holds a 75% interest in and operatorship of the Sarsang license area in northern Kurdistan, on the highly prospective Zagros fold belt. HKN Energy drilled one discovery well in 2011 which is expected to be brought into production in 2012. Marathon Oil holds the remaining 25% interest in the license area.
The parties have agreed not to disclose the terms of the transaction.
http://www.hkninc.com/
http://www.hillwoodenergy.com/
