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Exploration news

 

DNO adds its ninth discovery in North Sea core area

DNO ASA, the Norwegian oil and gas operator, has announced an oil and gas discovery on the Ringand prospect in the Norwegian North Sea license PL923/923B in which the Company’s wholly-owned subsidiary DNO Norge AS holds a 20% interest.

 
 
 
 
 
 

DNO strikes oil in new play offshore Norway

Light oil was discovered in Palaeocene sandstones of good reservoir quality with preliminary estimates of gross recoverable resources in the range of 27 – 57 million boe on a P90-P10 basis, with a mean of 41 million boe.