DNO ASA (OTCPK:DTNOF) Q3 2024 Earnings Call November 7, 2024 8:00 AM ET
Company Participants
Jostein Lovas – Investor Relations
Chris Spencer – Managing Director
Haakon Sandborg – Chief Financial Officer
Conference Call Participants
Øyvind Hagen – Arctic Securities
Nikolas Stefanou – Renaissance Capital
Teodor Sveen-Nilsen – SpareBank 1 Markets
Tom Erik Kristiansen – Pareto Securities
Jostein Lovas
Good afternoon and welcome to DNO’s Third Quarter 2024 Earnings Call. My name is Jostein Lovas and I am the Communication Manager here at DNO. Today, we will start with a short results presentation, which will be given to you by DNO’s Managing Director, Chris Spencer, and CFO, Haakon Sandborg.
After the presentation, we will open up for questions in a Q&A session. Please note that the Q&A session is for investors and analysts. Media requests will be dealt with separately. During the presentation, the microphones of participants will be muted. If you want to ask a question in the Q&A, please click on the virtual hand on top of your screen. When you are selected, you will be notified on your screen that you are allowed to unmute, after which you must remember to unmute yourself. It could be nice if you introduce yourself before asking your question. And with that, let’s start the presentation. I’ll hand over to Chris.
Chris Spencer
Thank you, Jostein, and good afternoon, everybody. Welcome to DNO’s Q3 2024 interim results presentation being broadcast from our head office in Oslo, Norway. First slide, please.
So, Q3 was a solid or another solid quarter for the company, I should say, increased revenues on the back of strong production in Kurdistan. North Sea production was somewhat down, but liftings were up and the North Sea production was reduced due to planned maintenance. So nothing unforecasted there. Also in Kurdistan with the continued local sales during
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