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European Stocks Close Higher On Bargain Hunting, Strong Earnings Updates

European stocks closed lower on Wednesday, due largely to bargain hunting at scores of counters after the setback in the previous session due to hotter-than-expected U.

European Stocks Close Higher On Bargain Hunting, Strong Earnings Updates

European stocks closed lower on Wednesday, due largely to bargain hunting at scores of counters after the setback in the previous session due to hotter-than-expected U.

DNO acquires interest in Shell-operated field offshore UK, increasing North Sea production

The transaction is expected to add some 4 MMboe net to DNO, of which 90% gas, with projected net 2024 production of 2,000-2,500 boed. The cash consideration is $70 million plus a contingent consideration of up to $5 million if certain operational targets are met.

DNO buys key UK oilfield stake, expands North Sea portfolio

DNO buys key UK oilfield stake, expands North Sea portfolio
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