Brief: DNO Enters Into Multi-Asset Deal With Var Energi
BRIEF-DNO Enters Into Multi-Asset Deal With Var Energi June 18 (Reuters) - Dno ASA DNO.OL:
ANNOUNCES MULTI-ASSET DEAL WITH VÅR ENERGI SECURING GJØA HUB OWNERSHIP
TO BUY 5% STAKE IN GJØA FIELD AND GJØA NORD, EXCHANGE 5% NOVA INTEREST
INTEREST IN NOVA TO DECREASE FROM 45% TO 40% AFTER DEAL
TO EXIT RINGHORNE NORD DISCOVERY IN NON-CORE AREA OF CENTRAL NORTH SEA BY DIVESTING ITS 15% STAKE IN PL956 TO VÅR
TO RECEIVE POST-TAX $17.5 MILLION CASH PAYMENT AS FURTHER CONSIDERATION
Source text: ID:nGNEb6cfJl
Further company coverage: DNO.OL
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