DNO is "preparing for legal actions against" the Oslo Stock Exchange as shares dropped by 50 percent upon the resumption of trading Thursday, after the oil firm’s request to continue a two-day suspension was denied.
The Norwegian firm was one of the first companies to sign an exploration contract in Iraq’s Kurdistan region. It’s Tawke field began exporting June 1. It had been flowing at between 40,000 and 50,000 barrels per day.
The Kurdistan Regional Government Monday froze DNO’s ...
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