Norway court sides with DNO

An Oslo court has dismissed legal attempts by rebel investors in DNO to block its merger with RAK Petroleum, approved last year by shareholders. The court ordered Petrolia Invest AS to pay the equivalent of about $168 thousand in Norwegian Kroner to cover DNO's legal costs.

DNO said in a statement:

An Oslo court has dismissed legal attempts by rebel investors in DNO to block its merger with RAK Petroleum, approved last year by shareholders.

The court ordered Petrolia Invest AS to pay the equivalent of about $168 thousand in Norwegian Kroner to cover DNO's legal costs.