DNO more than doubles Afrodite recoverable resource estimate to 77-180 million boe

• DNO’s Afrodite appraisal more than doubled estimated recoverable resources to 77-180 million barrels of oil equivalent in the Norwegian North Sea.
• The 10%-owned discovery’s most likely development involves reservoir stimulation and a 30-kilometer tieback to the Kvitebjørn hub.
• Partners sanctioned development of Kjøttkake, which holds 37 million barrels of oil equivalent in recoverable resources; DNO owns 40%.
• Kjøttkake targets first production in the first half of 2028, with plateau output of about 20,000 barrels of oil equivalent per day.
• Aker BP, which holds 45%, will operate the three-well subsea development tied to Gjøa; operatorship reverts to DNO following first oil.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DNO ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290200OMX_____CNEWS_EN_GNW1001280490_en) on October 29, 2026, and is solely responsible for the information contained therein.