DNO Jumps on Merger, London Listing

Shares in Norway-based DNO International jumped 16% on Monday following the announcement of its merger with RAK Petroleum‘s Middle East and North Africa subsidiaries.

A tie-up between the two companies has been rumoured for some time, especially following the boardroom coup that saw RAK’s CEO oust DNO’s chairman.

You can hear a replay of this morning’s phone conference for analysts by dialing +47 21 00 04 98 (Norway) or +44 (0)20 7111 1244 (international), code: 4244283#.

Please click on the pages below to see a copy of this morning’s presentation:

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