Nov 11, 2010
DNO INTER in Q3 2010 Higher production and solid cash flow from operations
As a result of higher production DNO International ASA delivered increased revenues and improved results from operations in the third quarter.
"I am pleased to note that the good trend in our financial results and cash flow from operations continued into the third quarter. DNO will now enter a period of increased exploration activities and we are also about to secure new exploration acreage both in Mozambique and Yemen. This forms a solid platform for further growth of our Company", says Managing Director Helge Eide.
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Source: 4-Traders
Category:
Offshore and Energy
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